FOSHAN, China, May 5 /PRNewswire-Asia/ -- MyStarU.com, Inc.
(OTC Bulletin Board: MYST) (Frankfurt Stock Exchange: TQF) announced today that its online vocational education program is progressing excellently.
MYST's online vocational education program was selected by Pearl River Delta chambers through the business partner Aixi Software of Guangdong. MYST has been working on customized content for the first phase of online training for 200,000 workers and plans to launch this program on May 24, 2009. MyStarU.com will generate revenue of $400,000 in program fees.
The online vocational education program is intended to enhance workers' ability to face new challenges from industry changes over time. The 2nd phase plans to train 1 million workers starting in August. MYST's outsourcing professionals are creating the customized content and will finish in July. As forecast, MyStarU.com will generate revenue of $2M in program fees by September. The 3rd phase plans to train 1 million workers starting in November.
About Mystaru Online Vocational Education
MyStarU (http://www.mystaru.com ) is a website dedicated to Vocational and performing arts education. The system is a prototype for state-of-the-art delivery of streaming video performing education courses in the music and movie industries in greater China. The new courseware was developed using EDU v5.0 Education Management System and is delivered to viewers via the MyStarU platform. The multimedia content is produced using Adobe Flash(R) video synchronized presentations and demonstrative video clips. Users can view multimedia performing training presentations that include downloadable video files of course materials and are then able to upload their own video files to teachers for analysis, which affords users the opportunity to have questions answered by course teachers. MyStarU intends to use this new capability to reach hundreds of thousands of young people who are interested in entering the performing arts, music and movie industries. MyStarU's goal is to deliver education content online without meaningful limitations or restrictions.
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 Limited ( 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.
