updated 12/21/2010 10:46:15 AM ET 2010-12-21T15:46:15

TORONTO, Dec. 21, 2010 (GLOBE NEWSWIRE) -- Star8 Corporation (Pink Sheets:IMNS) is pleased to provide an additional update to shareholders.

Further to the release dated December 17, 2010, Star8 is pleased to announce that it will be opening an office in Singapore in January of 2011 to support the south east Asian sales and marketing strategy. Customer support staff and a regional country manager will initially staff the Singapore office, which will lead the Company in the region.

Additionally in 2011, Star8 plans to provide shareholders with audited financial statements on an ongoing quarterly basis, paving the way for Star8 to become a fully reporting company.

Star8 will also be expanding its management and director team with seasoned industry professionals in the first quarter of 2011.

As mentioned in the previous press release, Star8 plans to solidify relationships with its manufacturing and distribution partners and will announce those relationships when they have been finalized.

Star8 initially plans to launch its products directly to mobile operators and distributors in the African and South East Asian regions in the first quarter of 2011.

For more information on Star8 Corporation, please go to www.star8corp.com .

About Star8 Corporation

Star8 Corporation (Pink Sheets:IMNS) is a global provider of low cost full-featured mobile email phones. The Company's focus is to provide a low cost alternative to the more expensive smart phones available in the market today. Star8 is strictly focused on emerging markets where the mobile operator subscriber base is predominantly prepaid. These markets do not provide their subscribers with a subsidy on phone purchases, which leaves a very small percentage of the subscriber base with the ability to afford the more costly smart phones.

Star8 is positioning itself to take advantage of the explosive growth in the Low Cost Mobile Messaging Handset market. Global shipments of mobile handsets is forecast to be more than a 1.5 Billion units in 2010 growing to 1.7 Billion in 2011.

Star8 is poised to take advantage of the tremendous growth in these markets and its products will be marketed to mobile users in South East Asia, Africa, and Latin America through existing relationships.

With management experience garnered on a global basis, Star8 has uncovered an opportunity to market a mobile handset in conjunction with a mobile email product in markets where the subscriber base in highly weighted by subscribers who are "prepaid".

Forward-Looking Statements

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Star8 Corporation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission or other regulatory authorities.

CONTACT:  Star8 Corporation
          For Investors:
          William Car, President
          (905) 482-4670

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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