Star8 Corporation, (STRH:OTCMarkets), a provider of low cost mobile
smart phones and related accessories to emerging markets, is
pleased to provide shareholders with a summary of recent
developments at Star8.
Over the last few months, Star8 has worked to enhance its
overall product offerings by adding wireless charging accessories
along with the Axiom XR4G mobile phone and the Axiom Tab4D, a 10
inch tablet device. Both the Axiom XR4G and Tab4D will run the
Android 4.0 operating system, offering the latest features
available.
Star8 is also in the process of completing its annual report for
2012 and expects to release the report sometime in March of 2013.
For the nine months ended September 30, 2012, Star8 had revenue of
$2,458,775.
Star8 is also currently exploring potential technology
acquisitions to further enhance the existing Axiom messaging suite
and add additional value to the company.
Star8 will continue to provide regular updates on our products,
strategy as well as general corporate information on a regular
basis via press release or for more information on Star8 and our
products, please go to www.star8corp.com and follow us on Twitter
at @star8axiom.
About Star8 Corporation
Star8 Corporation (OTCMarkets:STRH) is a global provider of low
cost full-featured mobile email phones and mobile phone related
accessories. 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 are forecast to be close to 2 billion
in 2013.
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, the Middle East 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 is
highly weighted by subscribers who are "prepaid."
Forward-Looking Statements
This document may contain forward-looking statements, relating
to Star8 Corporation operations or to the environment in which it
operates, which are based on Star8 Corporations operations,
estimates, forecasts and projections. These statements are not
guarantees of future performance and involve risks and
uncertainties that are difficult to predict, and/or are beyond
Star8 Corporations control. A number of important factors could
cause actual outcomes and results to differ materially from those
expressed in these forward-looking statements. Consequently,
readers should not place any undue reliance on such forward-looking
statements. Star8 Corporation disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
CONTACT: For Investors:
William Car
President, Star8 Corporation
info@star8corp.com
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