BEIJING, Aug. 22 /Xinhua-PRNewswire-FirstCall/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST), the Total Solutions Provider, announced today that its majority owned subsidiary, Subaye.com, Inc. the services provider of corporate video web page developing, hosting and marketing, will launch a new channel on its website called Products Channel (http://www.subaye.com/Product/) in September. The new channel is designed to drive new business for companies engaged in China domestic trade and for overseas sellers intent on selling into China.
Content on Products Channel will be initially offered free of charge to existing online corporate video members who are also engaged in B2B2C trade. Products on the channel will be different from those on traditional trade, as products in demand in the China online shopping market often differ from those offered to traditional markets.
This launch will complement the company's upcoming China International Small and Medium Enterprises Fair (http://www.csmef.com.cn/web/eng/en/index.htm ) in September in Guangzhou. Likewise, it will further extend the company's support of China's SMEs, currently served by an online video website.
"Launching Products Channel is the next step in our expansion into China's domestic B2B market. Our strategy is to launch new online merchandise malls and trade show channels to serve our corporate video members as an additional service to support e-commerce through the existing 10,000 buyers from our business partner X381.com (http://www.x381.com), which hosts 10,000 owners of net shops in China”, MyStarU's CEO, Alan Lun, said.
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.
