Mobile Star Enters Into Negotiations With USA Leading Distributor as Karaoke Vending Machine Sent for Final Testing
October 07 2009 - 7:00AM
PR Newswire (US)
EVEN YEHUDA, Israel, October 7 /PRNewswire-FirstCall/ -- Mobile
Star Corp. (OTCBB: MBST), a developer of coin-operated karaoke
vending machines, announced today that the company has entered into
advanced negotiations with a leading distributor of coin-operated
products, as the company's entertainment vending machine has
advanced to the final testing stage. Negotiations are focused on a
plan to begin marketing and distributing the Karaoke vending
machines. The entertainment units are expected to reach the
consumer market in 2010. The karaoke vending units will be
distributed in popular recreation areas including movie theatres,
restaurants, shopping malls, bowling centers, bars and theme parks.
"Completion of our personal karaoke prototype is one of the final
milestones to achieve before the commercial launch of our product,"
said Danny Elbaz, CEO of Mobile Star Corp. "We look forward to
displaying our finished prototype in the coming weeks." The company
plans to announce a pilot demonstration of the prototype will take
place in New York City in the fourth quarter of 2009. For more
information on Mobile Star, please visit
http://the-mobilestar.com/. Forward-Looking Statements This letter
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended and Section 21E of
the Securities Exchange Act of 1934, as amended. All
forward-looking statements are inherently uncertain. In evaluating
such statements, prospective investors should review carefully
various risks and uncertainties identified in this release, as
actual results may differ materially from those indicated. Mobile
Star Corp. public filings may be viewed at http://www.sec.gov/.
Contact: CEO, Danny Elbaz +972-54-465-5341 DATASOURCE: Mobile Star
Corp. CONTACT: Contact: CEO, Danny Elbaz +972-54-465-5341
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