omniture

3G Dynasty Enters Agreement of Internet Broadcast Right for 113 Movies in China

2008-09-16 12:50 583

FOSHAN, Guangdong, China, Sept. 15 /Xinhua-PRNewswire-FirstCall/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST; Frankfurt Stock Exchange: TQF) announced today announced its subsidiary, 3G Dynasty Inc. (3G) has signs agreement of internet broadcast right for 113 movies in China with Guangzhou SSTH Films Limited in $2.63 million of cash.

3G's internet content provides businesses, including movie productions and formats by combining the users of internet, mobile phone and TV with theaters through pay-per-view, video-on-demand, and bundle with advertising online service.

"We are positioning MYST to take full advantage of this large market in China -- MYST's entertainment media is to develop a unique content that meets user's demand, addition to our Internet Content Service, this acquisition is a valid illustration of our overall strategy to films production and distribution that expand content line and create cross-selling opportunities in related markets. MYST will increasing revenue of $1.5-2 million in future 12 months generates by these movies broadcast online as forecasted base," Alan Lun says, CEO of MYST.

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 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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