NEW YORK, October 12, 2010 /PRNewswire-FirstCall/ -- Mobile
Star Corp. (OTCBB: MBST), a developer of karaoke vending machines,
announced today that the company is inadvanced negotiations with
major publishing entities to acquire the rights to reproduce
hundreds of songs in its personal karaoke vending booths.
Signed agreements are anticipated before the end of 2010.
Negotiations with the publishers have been taking place for over
a year, and represent one of the final hurdles to full
commercialization of the Mobile Star personal karaoke experience,
expected to be launched in the coming months.
"A wide selection of popular and classic songs are one of the
primary components of the karaoke experience," said Danny Elbaz, CEO of Mobile Star Corp. "With the
anticipated signing of the publishing agreements, the Mobile Star
will be on track to provide an entertainment system that has the
tremendous potential to generate high demand."
About Mobile Star
Mobile Star has developed a free-standing entertainment vending
machine that enables an individual to digitally record his or her
voice singing to hundreds of songs. The patented karaoke technology
utilizes a proprietary digital-media software platform, and
professional-grade hardware to publish a high quality CD of the
performance.
For more information on Mobile Star, please visit
http://themobilestar.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
danny@themobilestar.com
+972-54-465-5341
SOURCE Mobile Star Corp.