Adelman Travel Group: Acquires Pegasus Travel

FOR MORE INFORMATION: Julia Rademacher, Public Relations, 414-410-8322 phone 414-352-3900 fax

MILWAUKEE – October 4, 2006 – Adelman Travel Group, the eighth largest travel agency in the nation, today announced it has acquired Pegasus Travel, a leading travel management firm based in Fort Worth, Texas.

This acquisition further strengthens Adelman Travel ‘ s leadership and commitment to provide innovative business travel solutions with personalized service. ” With the addition of Pegasus Travel and our recent sales and retention successes, we should see over 20 percent sales growth in 2007, ” predicted Craig Adelman, the company ‘ s founder, president and CEO. ” Our extensive growth can be attributed to the skill and professionalism of our staff, which is by far the most significant ingredient of a successful travel agency. ”

Pegasus Travel, which has sales of more than $25 million, was founded by Bill Davidson in 1977. His son and current president and CEO, Bill Davidson Jr., took over operations of the company in 1986. Pegasus Travel was one of the first agencies to develop extensive travel management for business travelers, while placing high value on service. The partnership with Adelman Travel complements its distinguished service philosophy and will allow Pegasus to introduce new automation tools and additional resources to its clients. ” Pegasus Travel ‘ s success is based on establishing long-term relationships with both our customers and employees. Our success, combined with the national and international resources of Adelman Travel, will make this an excellent opportunity for everyone involved. We will continue to provide our clients with the same personalized service and local responsiveness from our Ft. Worth office. By joining Adelman Travel, we will have more to offer business and leisure travelers than ever, ” said Bill Davidson, Jr.

About Adelman Travel Group: Adelman Travel is a unique provider of travel management for corporations with both national and global requirements. It is the largest travel firm in Wisconsin and was recently named the 8th largest travel management company in the nation by Business Travel News. It operates three divisions – corporate travel management, vacations, and meetings and incentives – and has six regional reservation centers: Fort Worth, Texas, Boston, Hartford and Ansonia, Conn., Milwaukee, Wisc. and Irvine, Calif. The company offers dedicated affiliate offices in Asia, Canada and Europe and operates more than 50 full-service, on-site travel centers for corporations throughout the United States and worldwide. Founded in 1985, Adelman Travel is headquartered in Milwaukee, Wisconsin. For more information about the company, visit http://www.adelmantravel.com or call 1-800-248-5562 x8322

About Pegasus Travel: Pegasus Travel was founded in 1977 with headquarters in Fort Worth, Texas. Pegasus offers travel management services for business and leisure travelers with a full suite of comprehensive tools that empower managers with cost control reporting and travel data analysis.