OTV Onetravel Hlgs

OneTravel Holdings, Inc. (AMEX:OTV), a diversified travel and leisure company, has retained Rubenstein Public Relations to provide public relations services for the Company. Rubenstein will work with the Company to raise awareness of: -- The Company's new name, "OneTravel Holdings, Inc." (www.onetravelholdings.com), which was recently changed from RCG Companies Incorporated; and -- The Company's transition from a diversified holding company model to a 100% online and offline travel company. Rubenstein will also provide public relations services for the Company's portfolio of leading brands 1-800-CheapSeats (www.cheapseats.com), OneTravel (www.onetravel.com), 11th Hour Vacations (www.11thhour.com), Discount Hotels (www.discounthotels.com) and SunTrips(R) (www.suntrips.com). 1-800-CheapSeats and OneTravel operate direct-to-consumer full-service travel businesses through their Web sites and through call center operations, 11th Hour Vacations offers vacations packages, Discount Hotels offers value rates for hotels, and SunTrips operates a leisure tour operation with destinations in Mexico, Hawaii, Costa Rica, Azores and the Dominican Republic. "We have been pleased with the growth we have seen in our bookings, which shows that we have the ability to attract people to our Web sites and that our offerings are well-priced. To date, our marketing has been focused on making a real-time sale to people who are actually online shopping for travel information or looking to book travel plans. Having a firm with Rubenstein's expertise in generating brand awareness and media coverage is imperative for us as we look to communicate our story and market our travel offerings on a broader spectrum. We want that brand awareness to reach from the travel consumer community to the Wall Street and investor community," said OneTravel Holdings Chairman, William Goldstein. "We are excited to be representing OneTravel Holdings," said Richard Rubenstein, President of Rubenstein Public Relations. "The online travel market is thriving, and we look forward to helping OneTravel Holdings build its brands so that it can fully capitalize on its comprehensive assortment of travel products and services." About OneTravel Holdings, Inc. OneTravel Holdings, Inc. (www.onetravelholdings.com) derives all of its revenues from its travel business subsidiaries, FS SunTours, Inc., which sells leisure and vacation travel packages under the SunTrips(R) brand (www.suntrips.com); Farequest Holdings, Inc., operating under the name 1-800-CHEAPSEATS (www.cheapseats.com) and OneTravel, Inc. (www.onetravel.com), both of which are leading online and offline providers of a full range of travel services. The Company also operates additional travel Web sites that generate additional revenue. About Rubenstein Public Relations, Inc. Rubenstein Public Relations is synonymous with integrated media campaigns, special events and high-visibility coverage. Thirty professionals demonstrate the power of publicity every day for the firm's corporate, consumer and entertainment clients across the country. Rubenstein Public Relations, founded by Richard Rubenstein over 15 years ago, is one of New York City's premier media agencies. Statements in this news release about anticipated or expected future revenue or shareholder value growth or expressions of future goals or objectives, including statements regarding market conditions or whether current plans to grow and strengthen the Company's business will be implemented or accomplished, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release and documents, the words "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. All forward-looking statements in this release are based upon information available to the Company on the date of this release. Any forward-looking statements involve risks and uncertainties, including the risk that the Company will be unable to grow or strengthen its business due to a lack of capital or a change in market demand for its products and services or to fully or effectively integrate all business units or the inability to realize anticipated cost savings or revenue and stockholder value growth opportunities associated with the acquisitions of Farequest Holdings, Inc. and OneTravel, Inc. There is also a risk that the Company's shareholders will not approve certain matters related to the sale of preferred stock, which would require a redemption that the Company may not be able to fund. The Company has previously mentioned in conference calls that gross bookings are not equal to gross revenues under generally accepted accounting principles, so no inference can be made about profitability based on gross bookings unless expressly stated by the Company. There is also no certainty that the Company will be successful in its quest to secure strategic alliances in its efforts to restructure its SunTrips operations. The Company is also subject to those risks and uncertainties described in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Company's historical losses and negative cash flow, its need for additional capital, including to finance the $12,500,000 promissory notes payable to the former stockholders of OneTravel, Inc., and that future financing, if available, will dilute the Company's current common stockholders. Additionally, forward-looking statements concerning the performance of the travel and leisure industry are based on current market conditions and risks, which may change as the result of certain regulatory, political or economic events, a shift in consumer travel preferences, as well as those risks and uncertainties described in the Company's SEC filings, which could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.