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.
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 firstname.lastname@example.org +972-54-465-5341
SOURCE Mobile Star Corp.