EVEN YEHUDA, Israel, Jan. 19 /PRNewswire-FirstCall/ -- Mobile Star Corp. (OTC Bulletin Board: MBST), a developer of coin-operated karaoke vending machines, announced today that the company successfully completed a 30-day pilot of its personal karaoke booth in New York.
The pilot took place at a popular Westchester amusement over the recently concluded winter holiday season. Entertainment seekers used the proprietary Mobile Star karaoke booth frequently, keeping the vending machine occupied continuously throughout the pilot.
Revenues collected by the Mobile Star during the pilot were greater than anticipated, and proved extremely competitive against many of the most popular entertainment coin-operated machines. The strong revenue potential is measured in terms of return on investment rate for the machine operator.
Mobile Star Corp. received positive and constructive feedback during the pilot, which will enable the fine-tuning of the karaoke booth prior to mass production.
Commercial launch of the Mobile Star is expected in Q3 2010.
"The Mobile Star exceeded all expectations during its New York pilot," stated Danny Elbaz, CEO of Mobile Star Corp. "Our potential customers have been waiting a long time for the Mobile Star to be put to the test, and our karaoke vending machine put on a performance worthy of its name."
"We are confident that the Mobile Star can generate revenues competitive with any coin-operated vending machine in its class, such as Guitar Hero," Elbaz added.
About Mobile Star
The Mobile Star vending booth provides a personal karaoke experience. Patent-pending technology enables individuals to digitally record their voices singing to hundreds of songs. The Mobile Star then publishes a digital disc featuring the singer's performance.
For more information on Mobile Star, please visit www.themobilestar.com.
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. 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 www.sec.gov.
CEO, Danny Elbaz
SOURCE Mobile Star Corp.