FOSHAN, China, Feb. 25 /PRNewswire-Asia/ -- MyStarU.com, Inc.
(OTC Bulletin Board: MYST; Frankfurt Stock Exchange: TQF), announced today that its majority-owned subsidiary, Subaye.com, Inc., the enterprises video web development, hosting, marketing and e-commerce service provider, has entered into an agreement with Ctrip.com (Nasdaq: CTRP), a leading travel service provider for hotel accommodations, airline tickets and packaged tours in China
Under the agreement, Subaye will utilize the best of its pool of SMEs, in conjunction with Ctrip.com’s travel service. Ctrip will provide the technical platform and promote Subaye’s online video service to its hotels alliance.
Commenting on the partnership, Y.F.Su, President Subaye.com said: "We are very pleased to have this opportunity for cooperation with Ctrip.com, the leading travel service provider. Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China. We are confident this cooperation will be an extremely profitable one for both companies. "
About Ctrip.com
Ctrip.com International, Ltd. (NASDAQ: CTRP) is a leading travel service provider of hotel accommodations, airline tickets and packaged tours in China. Ctrip aggregates information on hotels and flights and enables customers to make informed and cost-effective hotel and flight bookings. Ctrip also sells packaged tours that include transportation and accommodations, as well as guided tours in some instances. Ctrip targets primarily business and leisure travelers in China who do not travel in groups. These travelers form a traditionally under-served yet fast-growing segment of the travel industry in China. Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China.
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.
