BEIJING, Aug. 2 /Xinhua-PRNewswire/ -- MyStaru.com, Inc. (OTC Bulletin Board: MYST) announced today that its online social vocational education and culture business group, the subsidiary Mystaru Limited (formerly known as IC Star MMS Ltd. www.mystaru.com ) has joint investments second film in China "BIG MOVIE 2.0" has been finalized post production in Beijing. "BIG MOVIE 2.0" plans to screen on September through October in nationwide China.
The film is a continue production of "BIG MOVIE 1: SUABYE" of enormously successful in this January debuted in top 3 of the box office in the first week of the New Year. In the 4 weeks through January 28 with RMB 20 million in ticket sales, the movie has earned almost double what it cost to make. (http://ent.sina.com.cn/f/m/bigmovie/index.shtml ) the "BIG MOVIE 1: SUABYE" continues to generate revenue of average $40,000 monthly from online play (VOD).
"Mystaru has partnering with cinema lines in China to jointly invested $2 million production BIG MOVIE 2.0, as forecast the movie will be earned double this number return from theatrical screening in China. Under the investment agreement Mystaru exclusive owns Internet license and copyright, we expect will be make an additional profit $1 million." Alan Lun says, 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. (formerly known as IC Star MMS, Ltd. http://www.mystaru.com , http://www.skyestar.com, http://www.goongreen.org , http://www.icurls.com ) Guangzhou TCOM Computer Technology Limited and majority owned subsidiary Subaye.com, Inc. (http://www.subaye.com).
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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.
For more information, please contact:
Ms. Shirley Li, Mystaru.com, Inc.
Email: IR@mystaru.com
