Invicta Group Inc. Files 10Q and Reduces Debt by $3,726,485 From 1 Year Ago

Invicta Group Inc. (OTCBB: IVIT) announced today that Invicta Group Inc. reduced the total current liabilities on the June 30, 2008 consolidated balance sheet by $3,726,485 compared to the June 30, 2007 consolidated balance sheet. The total current liabilities as of June 30, 2007 were $4,222,369.00 and the total current liabilities as of June 30, 2008 were $495,884.00.

Invicta's CEO Paul Sorkin said, "The company is in a much better position then it was a year ago. We are very excited about our progress and the future opportunities. We have recently begun generating new revenue streams for Invicta through improvement of travelhotlink.com and our new Citybook Savings division."

About Invicta Group, Inc.

INVICTA GROUP INC. is an Internet Media Company that specializes in the Travel and Entertainment Industry. The company utilizes a number of websites and a large database to link travel enthusiasts with products to fulfill their travel and entertainment needs. Travelhotlink.com works with travel suppliers that want to promote their discounted travel products: airline tickets, hotel rooms, tour packages, rental cars, cruise cabins, event tickets, and more on the Internet 24/7 -- the 6 main websites are: www.Travelhotlink.com, www.Cruisehotlink.com, www.Airhotlink.com, www.Hotelhotlink.net, www.Autohotlink.net, and www.Tickethotlink.com.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.