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MYST Announces 'THE PYE-DOG' Sales DVD 4 Million

2008-05-23 03:33 1291

BEIJING, May 23 /Xinhua-PRNewswire/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST; Frankfurt Stock Exchange: TQF) announced today that its subsidiary's, MyStarU Limited ( http://www.MyStarU.com ), 'THE PYE-DOG', a joint investment film in Hong Kong, has had DVD sales of 4 million in China. MyStarU has generated license fees of 6 million yuan ($0.86 million), which is a part of profit.

'THE PYE-DOG' was awarded top honors at the Japan Asian Marine Film Festival 2007, and was awarded the European Assessed Best Youth Film Award at The German International Innocence Film Festival 2007. "MyStarU has been partnering with All in One Media Limited in Hong Kong to jointly invest in the production of THE PYE-DOG. The film had successful theatrical screenings in Hong Kong, Taiwan and Singapore, and has already returned our investment. Its DVD and the Internet, will see long-term profits," said Alan Lun, CEO of MyStarU.com, Inc.

About MyStarU.com, Inc.

MyStarU.com, Inc. (MYST) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. MyStarU.com, Inc. does business in Asia via its wholly-owned subsidiaries, MyStarU Ltd. ( http://www.MyStarU.com , http://www.skyestar.com ,http://www.icurls.com ) and majority (69.01%) owned subsidiary Subaye.com, Inc. ( http://www.subaye.com , http://www.x381.com , http://www.goongreen.org ).

Safe Harbor

The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company’s products in the marketplace, competitive factors and other risks detailed in the Company’s periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Source: MyStarU.com, Inc.
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Keywords: Entertainment
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