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MYST Updates the Progress of Movie Investments

July 8, 2009

FOSHAN, China, July 8 /PRNewswire-Asia/ — MyStarU.com, Inc. (OTC Bulletin
Board: MYST) announced today that its movie investment and distribution
business group is progressing excellently.

MYST’s subsidiary, 3G Dynasty, currently has investments in 5 movies
currently in production, with the film DAYOUCUN having passed content review
by the administrator authority. The film features top Mainland China actor
Wang Baoqiang and top Hong Kong star Alex Fong Chungshun. MYST is planning
promotion and marketing with a strong team that includes Sina.com. DAYOUCUN
will be released to theatres across the PRC in October. The additional movies
on 3G Dynasty and MYST’s slates, “TRUE?,” “MOLIWANZZHANG,” “STOCKBROKER” and
“PAOBU,” which are presently in production and post production, will start
their theatrical runs in cinemas in Spring 2010. MyStarU.com has forecasted
that it may generate revenues of $20 – 30 million from its participation in
these films.

3G Dynasty has made and continues to make sound investments in
entertainment arts productions in the PRC and is well positioned for continued
growth in a fast-paced market. 3G Dynasty began to establish a film
distribution network with the purchase of the copyrights to certain films in
March 2006. 3G Dynasty distributes films through multiple distribution
channels into the PRC film market, including through the internet, mobile
phone, TV, DVD and theatrical screenings in cinemas across the PRC. MYST will
continue to make investments to establish a movie distribution network, movie
productions and acquire more copyrights for high quality programming content.

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.

SOURCE MyStarU.com, Inc.


Source: newswire



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