Mobile Star Corp. Reported as First Israeli Company to Launch on OTC Bulletin Board in Over 1 Year
October 05 2009 - 8:00AM
PR Newswire (US)
Israeli Financial Publication Calcalist Notes the First Public
Trading of MBST Shares EVEN YEHUDA, Israel, October 5
/PRNewswire-FirstCall/ -- Mobile Star Corp. (OTCBB: MBST), a
developer of coin-operated karaoke vending machines, was covered in
a recent report by the reputable Israeli financial publication
Calcalist. According to the report, Mobile Star Corp. was the first
company with Israeli management to be taken public on the OTC
Bulletin Board since the start of the major economic occurrences on
Wall Street just over a year ago. "We were happy to be covered by
Calcalist, and are proud to be one of the companies associated with
the steady rebounding of the Nasdaq," said Danny Elbaz, CEO of
Mobile Star Corp. The Calcalist report and a drawing of Mobile
Star's free standing karaoke vending booth can be found here:
http://www.calcalist.co.il/internet/articles/0,7340,L-3359838,00.html
The report noted Mobile Star's "interesting" and "exciting" product
which is "new to the entertainment industry." Mobile Star is
currently completing development of an entertainment vending
machine that provides a personal karaoke experience. The
free-standing booth enables an individual to digitally record his
or her voice singing to hundreds of songs. The unit then publishes
a computerized disc featuring the singer's voice and the selected
background music. The patent-pending technology utilizes a
proprietary digital-media software platform, and professional-grade
hardware to dramatically improve sound quality and imitate the
acoustics of a hall. 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, based on
current expectations and assumptions concerning future events or
future performance of Mobile Star Corp., and its technologies. 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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