Las Vegas, Nevada – Allegiant Travel a ComVest portfolio company, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The shares of common stock to be sold in the offering are expected to be offered by Allegiant and by certain of its stockholders. The number of shares to be offered and the price range for the offering have not yet been determined.
Las Vegas, Nev. based Allegiant Travel Company is the parent company of Allegiant Air, LLC, which is a low-cost passenger airline linking travelers in small cities to world-class leisure destinations such as Las Vegas and Orlando, Fla.

The offering is being made through an underwriting syndicate led by Merrill Lynch & Co. acting as the sole book-running manager. Bear Stearns & Co. Inc. and Raymond James will act as co-managers. When available, copies of the written preliminary prospectus relating to the offering can be obtained by contacting the prospectus department at Merrill Lynch & Co., 4 World Financial Center, New York, New York 10080 (telephone: 212-449-1000); Bear Stearns & Co. Inc. 383 Madison Avenue, New York, New York 10179 (telephone: 212-272-2000; or Raymond James, 880 Carillon Parkway, St. Petersburg, Fla. 33716 (telephone: 727-567-2400).

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any sate or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.