Star8 Corporation, (STRH:OTCMarkets) a provider of low cost mobile
smart phones and related accessories to emerging markets, is
pleased to provide shareholders with continuous updates on Star8's
business and additional plans for 2013.
As Star8 works to launch additional mobile phones and tablets in
the coming months, the Company plans to announce formalized
distribution partnerships that will cover portions of Latin America
and South East Asia, providing a channel to these specific
markets.
These markets, which are predominantly prepaid, represent a
strong opportunity for Star8's products. Our devices, designed as a
low cost alternative to the big brand devices, satisfy a need in
the prepaid mobile phone market where end users are extremely price
sensitive.
Star8 will update shareholders on the progress of the
distribution arrangements and also continue to provide regular
updates on our products, strategy as well as general corporate
information via press release. 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 in
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
Star8 (PK) (USOTC:STRH)
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