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Transportation & Travel: VizStar Buys 5 Star Jets

June 24, 2010 (FinancialWire) — VizStar, Inc. (OTCBB: VIZS), an air charter transportation broker, said it has completed the acquisition of 5 Star Jets, a New York-based private jet charter company.

The acquired firm has over two decades experience in the private aviation and services industry via its principal, William Culpepper.

VizStar said that 5-Star posted 2009 revenues of more than $2 million. It said that 5 Star Jets brings “immediate profitability and an ever-increasing strength” to VizStar.

VizStar President and CEO Gary Clyburn Jr. said, "We are already starting to realize the benefits of this acquisition through the combination of our strengths and connections.”

Nevada-based VizStar is an aviation charter broker focused on delivering its service without monthly membership fees, initiation fees, long-term commitments or capital investment. The company claims it delivers typical savings of 20-30% when compared to other charter or fractional companies in the market place.

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