Dynastar Ventures Inc. to Acquire Texas-based My Affordable Energy, LLC

LOUISVILLE, Ky., Feb. 16, 2011 /PRNewswire/ -- Dynastar Ventures, Inc.(www.dynastarventures.com),a direct selling company focused on the sale of electricity and natural gas services to commercial and residential customers, today announces an agreement to acquire My Affordable Energy, LLC, a Texas-based direct selling company focused on selling energy services.

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On February 15, 2011, a subsidiary of Dynastar Ventures, Inc. (collectively "Dynastar") entered into an Asset Purchase Agreement (the "Agreement") with My Affordable Energy, a limited liability company based in Houston, Texas.  Under the terms of the Agreement, Dynastar will acquire much of the assets of My Affordable Energy under confidential terms.  The acquisition will allow Dynastar to directly market and sell electricity services to consumers in Texas, Pennsylvania and New York.

"The acquisition of My Affordable Energy's business is the launch pad for Dynastar's entry into the energy services business through our proven direct sales and operational infrastructure," stated Josh Henderson, Chairman and CEO of Dynastar.  "The deregulation of energy services over the past few years is very similar to what entrepreneurial telecommunications providers experienced in the 1990's.  The decision to break up AT&T on a national basis is comparable to incumbent energy providers being deregulated to sell electricity and natural gas on a wholesale basis to our Regional Energy Providers.  Historically, the notion of "choice" from whom you purchase energy services was non-existent.  As a result prices were fixed and regulated. Deregulation has opened a new door to selling competitively priced energy services that many people were not aware existed.  Dynastar is positioning itself as the premier leader with a direct sales model to acquire energy services customers initially in Texas, Pennsylvania and New York and soon in many more states."

About Dynastar Ventures, Inc.

Dynastar Ventures, Inc. is an emerging national leader in selling electricity and natural gas in deregulated energy markets.  The deregulated energy industry is currently estimated to generate $162 billion in annual revenue in 24 states.  Within these 24 states, there are over 83 million electricity customers currently spending approximately $108 billion in annual service.  Similarly, there are over 52 million natural gas customers generating $54 billion in annual services. Dynastar will leverage its experience in the direct selling industry to deploy a proven sales and low-cost customer acquisition strategy to attract residential and small business consumers to Dynastar service.  Customers of Dynastar will continue to receive seamless services and support from their local incumbent utility, allowing Dynastar to focus on training and support of Direct Selling Energy Consultants who obtain energy service customers.  Dynastar is headquartered in Louisville, Kentucky with a regional office in Houston, Texas and sales personnel located throughout the United States.

For additional information, please visit Dynastar's corporate website: www.dynastarventures.com

This press release may contain "forward-looking statements." Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements.  These forward-looking statements may include, without limitation, statements about our market opportunity, strategies, competition, expected activities and expenditures as we pursue our business plan.  Although we believe that the expectations reflected in any forward looking statements are reasonable, we cannot predict the effect that market conditions, customer acceptance of products, regulatory issues, competitive factors, or other business circumstances and factors described in our filings with the Securities and Exchange Commission may have on our results.  The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.

SOURCE Dynastar Ventures, Inc.