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Subaye.com Launches Finance Video Channel for Real Views on Public Companies

2007-10-11 19:18 1242

Target to Serve 100 Million Chinese Stockholders

BEIJING, Oct. 11 /Xinhua-PRNewswire-FirstCall/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST), is pleased to announce that its majority owned subsidiary, Subaye.com, Inc. ( http://www.subaye.com ; "SUBAYE"), the enterprise video web development, hosting, marketing and e-commerce service provider, has launched a Finance Video section on the portal ( http://subaye.cncspace.com ) of China Netcom Group (NYSE: CN) Guangdong Company called Finance Video Channel ( http://subaye.cncspace.com/cjVideo/ ) this October. The new channel is designed to provide official information and third party research reports with video sharing for public companies and for overseas listed companies intent on bringing presentations into the China investment community.

Content on Finance Video Channel will be initially offered free of charge to existing online corporate video members who are public companies also engaged in presentations to individual investors. Company information on the channel will be open to any end user sharing their views through video as well as their experiences with public companies.

This launch will complement other finance websites. Likewise, it will further extend the company's support of China's investors and public companies, currently served by other finance websites.

"Launching Finance Video Channel is the next step in our expansion into China's domestic investment market. Our strategy is to launch new online finance video storage and content generators to serve more than 100 million investors of Chinese stock markets, as an additional service to support video sharing through the existing users from our business partners such as China Netcom Group Guangdong Company ( http://www.cncspace.com ), which hosts millions of internet users in Guangdong," 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 ).

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.

For more information, please contact:

Ms. Shirley Li

MyStarU.com, Inc.

Tel: +86-10-6702-6968

Email: IR@MyStarU.com

Source: MyStarU.com, Inc.
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