EVEN YEHUDA, Israel, October 7 /PRNewswire-FirstCall/ -- Mobile Star Corp. (OTCBB: MBST - News), a developer of coin-operated karaoke vending machines, announced today that the company has entered into advanced negotiations with a leading distributor of coin-operated products, as the company's entertainment vending machine has advanced to the final testing stage.
Negotiations are focused on a plan to begin marketing and distributing the Karaoke vending machines. The entertainment units are expected to reach the consumer market in 2010.
The karaoke vending units will be distributed in popular recreation areas including movie theatres, restaurants, shopping malls, bowling centers, bars and theme parks.
"Completion of our personal karaoke prototype is one of the final milestones to achieve before the commercial launch of our product," said Danny Elbaz, CEO of Mobile Star Corp. "We look forward to displaying our finished prototype in the coming weeks."
The company plans to announce a pilot demonstration of the prototype will take place in New York City in the fourth quarter of 2009.
For more information on Mobile Star, please visit http://the-mobilestar.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. 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.
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