TORONTO, Feb. 3, 2011 (GLOBE NEWSWIRE) -- Star8 Corporation (Pink Sheets:IMNS) is pleased to announce that it has opened its Singapore office to support the Company's South East Asian strategy.
The Singapore office will support the sales and marketing initiatives throughout the region including Indonesia, The Philippines, Thailand, Malaysia and, of course, Singapore.
The Company is also working toward completing its audited annual financial statements for 2010. It is expected that the audited financial statements will be provided in early March.
As discussed in a previous news release, Star8 is on track to launch its products into Africa and South East Asia prior to the end of the first quarter.
"Although we are in the early stages of Star8's development, we have so far created an excellent foundation from which to launch our products," said William Car, President of Star8. "2011 is looking to be a very exciting year for Star8 and our shareholders."
Star8 also expects to complete the technology acquisition from Wireless Trade Group prior to the end of the first quarter.
For more information on Star8 Corporation, please go to .
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."
CONTACT: For Investors: William Car President, Star8 Corporation info@star8corp.com (905) 482-4670
