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07/07/2004 - Invicta Group Inc. Hires Joe Fahoome as President of Casino Rated Players

MIAMI BEACH, Fla. -- Invicta Group Inc. (BULLETIN BOARD: IVGA) announced today that it has hired Joe Fahoome as president of subsidiary Casino Rated Players Inc. Joe has over 25 years experience in the casino industry and was co-owner of VIP Junkets of Detroit, Michigan. Joe will be located in Ft. Lauderdale, Fl. and report directly to CEO Bill Forhan.


"We welcome Joe to our management team, he brings the casino contacts and experience in the industry that we need to build Casino Rated Players Inc. I am looking forward to working closely with Joe and we'll rely on his enthusiasm and knowledge to help us grow revenues, profits and target casino rep company acquisitions," commented Bill Forhan, CEO.


Casino Rated Players is a casino rep company that specializes in Internet marketing to casino enthusiasts, offering free rooms to players that qualify per the respective casino requirements. "The Way to Play and Not Pay" is the corporate theme, offering over a choice of 30 casinos in North America and the Caribbean.


About Invicta Group Inc.


Invicta Group Inc. is a technology company that specializes in the Travel and Entertainment Industries. The company has the following three divisions:


TRAVEL: engaged in offering airline tickets, hotel rooms, car rentals and other travel-related products over the telephone and Internet 24/7 through our web sites located at http://www.dontpayfullfare.com/ -- an international air consolidator offering non published rates to travel agents, http://www.airplan.com/ -- a Las Vegas tour operator offering travel and entertainment products for Las Vegas travelers, and http://www.lasvegasexcitement.com/. And a Caribbean tour operator http://www.caribbeanexcitement.com/


ENTERTAINMENT: offering complimentary Casino Resorts rooms, meals, and shows to qualified players at 30 casinos in North America and the Caribbean through our web site located at http://www.casinoratedplayers.com/;


TECHNOLOGY: IVGA owns its own search engine "on the fly faring." In addition, IVGA recently acquired ISIP Telecom Group, Inc. (http://www.isiptelecom.com/), which provides the ability to make telephone calls worldwide via the Internet with clear reception at low rates. ISIP has entered into interconnection agreements with major operators in the U.S., Europe, & Latin America via VOIP & PSTN for traffic termination and origination.


Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. Invicta Group Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. Invicta Group Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.


Contact:
Invicta Group Inc.
David Scott, 1-305-866-6525

Source: Invicta Group Inc.

CONTACT: David Scott of Invicta Group, +1-305-866-6525


Web site: http://www.invictatravelgroup.com/
http://www.dontpayfullfare.com/
http://www.airplan.com/
http://www.lasvegasexcitement.com/
http://www.caribbeanexcitement.com/
http://www.casinoratedplayers.com/
http://www.isiptelecom.com/

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