Joystar Announces $6 Million Equity Financing IRVINE, Calif., April 22 /PRNewswire-FirstCall/ -- Joystar, Inc. (BULLETIN BOARD: ARGT) announced today it has entered into an agreement for a $6 million institutional financing with a London-based investment company. The transaction will significantly increase the Company's balance sheet as well as provide cash-flow opportunity to meet the Company's expansion goals. Terms of the Equity Private Placement will be disclosed in the Company's public filings and financial statements. "We expect to use the proceeds of this financing to positively impact our operations, significantly increase our sales and marketing activities as well as qualify for the Company's planned application for listing on the American Stock Exchange. We are very excited about this financing and the support and confidence that the investor has provided us," stated William Alverson, Joystar's CEO. "This agreement is another significant step in management's focus on improving working capital and providing the fuel for Joystar's objectives in terms of growth, and profitability," said William Alverson, CEO. "Upon closing, we will have the ability to take advantage of attractive acquisitions and partnering opportunities. It will allow us to expand into new sources of revenue, increased market awareness, new products, and additional sales channels. We look forward to realizing all the benefits this can provide the Company, our shareholders and our growing network of affiliates and Home-Based travel agents. About Joystar, Inc. Joystar provides online and offline travel services for the leisure and small business traveler. Through the Company's web site http://www.joystar.com/, millions of web-savvy travelers can research and book air, car, hotel, vacations and cruises. Joystar's Travel Rewards Program, (http://www.joystar.com/travelrewards) is the largest in the industry in terms of participating suppliers offering the tens of millions of Web-connected travelers deep discounts, cash rewards, and the ability to earn free travel. The Company also develops and markets partner opportunities (see http://www.iamatravelagent.com/) that empower people from all walks of life to become Home-Based Travel Agents. Joystar provides its independent agents with all of the training, tools and back office support allowing them to operate a successful full-time or part-time business. In addition to the commissions earned, Joystar's national sales force of independent agents may earn access to all of the "perks and benefits" of being a travel professional including "Agent Only" discounts and courtesy upgrades, stock options, Solo 401K and 529 plans. Safe Harbor Act Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the Company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements. For further information, please contact: William Alverson of Joystar, Inc., +1-949-837-8101, . DATASOURCE: Joystar, Inc. CONTACT: William Alverson of Joystar, Inc., +1-949-837-8101, Web site: http://www.iamatravelagent.com/ Web site: http://www.joystar.com/travelrewards Web site: http://www.joystar.com/

Copyright