Software to Shaxi Whole Sellers Mart in Guangdong
FOSHAN, China, June 18 /PRNewswire-Asia/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST), announced today that its majority-owned subsidiary, Subaye.com, Inc., the enterprise video web development, hosting, marketing and e-commerce service provider, has entered into an agreement with Shaxi Whole Sellers Mart in Guangdong. The agreement covers a sale of 1,300 user licenses of SaaS software to 1,300 whole sellers at the mart. The software enables the licensees to create their webshops and conduct online video marketing. Subaye.com will generate revenue of $130,000 per month through the agreement.
The SaaS users of whole sellers also have access to the system's EasySell program that sells its goods to X381.com's 18,000 webshop owners.
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.
