Elleipsis Announces Multilingual Release of TravelTalk(R) to Meet International Demand

Custom Language Booking Engine and Transaction Platform Launches Into Growing Global Travel Market

Elleipsis Global Travel Solutions, Inc., (Other OTC:EGTS.PK - News) through its wholly owned subsidiary, Elleipsis, Inc., announced today the release and launch of their industry-leading travel booking solution, TravelTalk® Portal, in multiple languages. The new product offering includes a complete e-commerce solution with the capability to process multiple international currencies to support the growing demand of clients and travelers worldwide. TravelTalk® Portal, a web based solution that integrates a variety of travel services, such as air, insurance and cruise, into one custom user interface, is now available in English, French, Spanish, and Serbian.

With TravelTalk® Portal's multiple language option, Elleipsis continues to expand into global markets by offering a customizable travel booking engine, transaction platform, and multi-GDS connectivity solution to clients throughout the world. More languages are being added to cater to emerging international travel demands, including Swedish, Estonian, Greek, Portuguese, German, Mandarin, Cantonese, and complicated Cyrillic languages for Eastern Europe.

"Our new product offering creates the ability to complete transactions in any language or currency," said Diane Byman, President of Elleipsis. Having a global strategy along with an international customer base and the capability to conduct business in foreign markets has proved to be a leadership position in today's travel market."

While the growth trend in online travel mirrors the growing economies of emerging countries, Elleipsis is well-positioned to power the online transactions of the largest projected global markets. According to the May 19, 2008 global air travel demand report from Air4cast.com, a forecasting, analysis and research service for the Aviation and Travel Retail Industries, total passenger numbers for 2008 compared to 2007 will continue to rise in Asia/Pacific (5.4%), Africa (8.6%), Europe (4.5%), Latin America (6.1%) and Middle East (10.1%). Elleipsis' XML-based travel booking solution has been built in several languages, and is customizable to handle all global currencies.

TravelTalk® Portal enables companies to access travel content from aggregated industry leaders, including Amadeus, Galileo and Sabre, The innovative and easy-to-use interface includes a robust back- and mid-office engine that allows agents to manage bookings made online and provide improved customer support. TravelTalk® Portal is also available with an e-commerce platform for B2C consumer travel web sites and B2B travel agents, including consortiums, call centers, and home based agents.

About Elleipsis:

Elleipsis Global Travel Solutions, Inc., (Other OTC:EGTS.PK - News) through its wholly owned subsidiary, Elleipsis, Inc., a Nevada corporation, provides travel booking solutions and web services based on the OpenTravel(TM) Alliance (OTA) specifications for the travel industry. Elleipsis Inc. products include the industry leading travel technology TravelTalk® Suite of business solutions.

TravelTalk® facilitates travel industry commerce by enabling travel agents and travel industry suppliers to connect clients to the world's largest electronic Global Distribution Systems.

For more information, please visit www.elleipsis.com.

Cautionary Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Elleipsis Global Travel Solutions, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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