FOSHAN, China, Feb. 25 /PRNewswire-Asia/ -- MyStarU.com, Inc.
(OTC Bulletin Board: MYST; Frankfurt Stock Exchange: TQF), announced today
that its majority-owned subsidiary, Subaye.com, Inc., the enterprises video
web development, hosting, marketing and e-commerce service provider, has
entered into an agreement with Ctrip.com (Nasdaq: CTRP), a leading travel
service provider for hotel accommodations, airline tickets and packaged tours
in China
Under the agreement, Subaye will utilize the best of its pool of SMEs, in
conjunction with Ctrip.com's travel service. Ctrip will provide the technical
platform and promote Subaye's online video service to its hotels alliance.
Commenting on the partnership, Y.F.Su, President Subaye.com said: 'We are
very pleased to have this opportunity for cooperation with Ctrip.com, the
leading travel service provider. Since its inception in 1999, Ctrip has
experienced substantial growth and become one of the best-known travel brands
in China. We are confident this cooperation will be an extremely profitable
one for both companies. '
About Ctrip.com
Ctrip.com International, Ltd. (NASDAQ: CTRP) is a leading travel service
provider of hotel accommodations, airline tickets and packaged tours in China.
Ctrip aggregates information on hotels and flights and enables customers to
make informed and cost-effective hotel and flight bookings. Ctrip also sells
packaged tours that include transportation and accommodations, as well as
guided tours in some instances. Ctrip targets primarily business and leisure
travelers in China who do not travel in groups. These travelers form a
traditionally under-served yet fast-growing segment of the travel industry in
China. Since its inception in 1999, Ctrip has experienced substantial growth
and become one of the best-known travel brands in China.
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.
