Monday, October 5, 2009

MBST Reported as First Israeli Company to Launch on OTC Bulletin Board in Over 1 Year

October 5, 2009


MBST Reported as First Israeli Company to Launch on OTC Bulletin Board in Over 1 Year

EVEN YEHUDA, Israel, October 5 /PRNewswire-FirstCall/ -- Mobile Star Corp. (OTCBB: MBST), a developer of coin-operated karaoke vending machines, was covered in a recent report by the reputable Israeli financial publication Calcalist.

According to the report, Mobile Star Corp. was the first company with Israeli management to be taken public on the OTC Bulletin Board since the start of the major economic occurrences on Wall Street just over a year ago.

"We were happy to be covered by Calcalist, and are proud to be one of the companies associated with the steady rebounding of the Nasdaq," said Danny Elbaz, CEO of Mobile Star Corp.

The report noted Mobile Star's "interesting" and "exciting" product which is "new to the entertainment industry."

Mobile Star is currently completing development of an entertainment vending machine that provides a personal karaoke experience. The free-standing booth enables an individual to digitally record his or her voice singing to hundreds of songs. The unit then publishes a computerized disc featuring the singer's voice and the selected background music.

The patent-pending technology utilizes a proprietary digital-media software platform, and professional-grade hardware to dramatically improve sound quality and imitate the acoustics of a hall.


THE MOBILE STAR CORPORATION
Stock Symbol :: MBST
E-Mail this Article to a Friend
Print this Article
THE MOBILE STAR CORPORATION (MBST) The Mobile Star Corporation is currently completing development of an entertainment vending machine that provides a personal karaoke experience.
Recent Price$.18
Market Capitalization$10M
Est FloatN/A
Outstanding Shares56M
QuotationOTC.BB

Mobile Star Corp.

53 Hanoter Street
Even Yehuda 40500
Israel


Phone: 972 - (544) 655-341
Fax:
http://www.the-mobilestar.com
Similar Companies in Sector

· The Singing Machine Company, Inc., doing business as SMC Global, (Singing Machine) is engaged in the development, production, marketing and distribution of consumer karaoke audio equipment, accessories, music, musical instruments and licensed youth electronic products. The Company contracts for the manufacturing of all its electronic equipment products with factories located in China. The Company also produces and markets karaoke music, including compact discs plus graphics (CD+G's), which contain music and lyrics of songs for use with karaoke recording equipment. OTCBB:SMDMRecent Price: $.05

· Pachinko World, Inc. (PWI) was formed to finance, produce, co-produce and distribute motion pictures and television shows. It has a wholly owned subsidiary, Exam Co. Ltd, which owns and runs seven pachinko stores. The Company also operates two small restaurants, one of which includes karaoke entertainment. OTCBB:PCHW Recent Price:$.15



Current Projects

MBST Announces its Plan to Launch a Securities Awareness Campaign

Mobile Star Corp. is launching a Securities Awareness Campaign, a series of advertisements and/or sponsored messages that share a single idea and theme to create awareness of the company's current and future objectives and potential with the intent to attract and interest investors and/or stakeholders. This may include the hiring of investor relations personnel, launching a new web based investor relations platform, sending emails to opt-in subscribers of newsletters and/or information website, placing ads on websites, sponsoring research reports, interacting on messageboards and mailing press kits and information.

Mobile Star Corp. Files Additional Patent Applications to Expand International Protection

Mobile Star Corp. a developer of coin-operated karaoke vending machines, announced today that the company has filed additional patent applications for its proprietary entertainment vending technology in the United States, Canada, Israel and the European Union. Mobile Star has previously filed for international patent protection under the Patent Cooperation Treaty (PCT), and has received approval to apply for national patent protection. Last year, Mobile Star filed for patent protection in the United States, where the technology is patent pending.



Company Overview
The Mobile Star Corporation (OTC.OB: MBST)

Mobile Star has developed a coin-operated, free standing karaoke machine. The vending machine provides a unique personal karaoke experience and is designed by recording studio professionals.

Mobile Star is easy to use and extremely affordable, allowing any individual to feel like a professional recording star.

Each customer enjoys an unsurpassed studio recording experience, while the fully automated system captures the performance. The unit then publishes a professionally edited digital CD featuring the singer’s voice and the selected music.The digital files can also be shared with friends online.

Mobile Star features a proprietary digital-media software platform and professional grade hardware that dramatically improves sound quality and imitates the acoustics of a hall.

The coin-operated cabinets will be located in popular recreation areas from shopping malls to bars and theme parks.

The Technology comprises a closed booth, divided into two parts: an acoustically isolated space wherein the singer sings, and the recording and processing hardware including a computer and a computerized disc dispenser. The Technology improves and upgrades the sound of the user allowing for better result. Four different instruments process the user's voice: amplifier, compressor, reverb, and equalizer. The amplifier amplifies the voice to the appropriate volume compared to the background music. The compressor restricts singing volume to a preset maximum. The reverb imitates the acoustics of a hall. The equalizer allows frequency changes to loud and super loud frequencies for dramatic sound improvement.

An animated three dimensional character acts as the virtual recording technician that guides the user from the beginning of the process until the end, thereby improving user satisfaction and enjoyment. The digital recording is saved directly to a file on the hard disc, and the service includes burning a compact disc (CD) while the program mergers between the singing and the music.

The associated software controls the machine activities, including recording, playback, burning, robotic arm movements, presenting the interface vocally and visually, and choosing the songs and their categories. All songs, backgrounds, and words are coded in files saved on the hard disc, which allows a choice of hundreds and potentially even thousands of songs. The digitalized process records only the user's voice digitally after processing with four instruments and software algorithms digitally merge the voice with the background music.

The Technology comprises of the following:

(a)

a DVD, a flash memory device, a device connectable to automated means for recording audio via a physical cable;

(b)

a device connectable to automated means for recording audio via a communication link with the user multimedia file;

(c)

a door, ventilation means, a computer, screen, video camera and microphone;

(d)

optional lighting and an automatic money box;

(e)

a database of multimedia files, earphones, a recording means for recording audio and multimedia on a computer usable media, and a processing unit, and may comprise labeling and packing means for labeling and packing said computer usable media;

(f)

a graphical user interface (GUI), an audio processing application, a multimedia processing application, a control application.

A singer enters an automated recording booth to record a multimedia file comprising an audio performance of the singer in combination with a multimedia recording from a database. The result is a computer-usable media with the singer’s multimedia file.

The recording booth comprises a door, means of ventilation, a computer and screen, a video camera, and a microphone. There is a means for lighting and an automatic money box to collect the payment.

The recording booth further comprises a database of multimedia files from which the singer selects the songs, and earphones through which the singer hears the music and his voice integrated together. A recording device records the audio and the selected multimedia on a computer usable media. The processing unit burns the media. The media is then labeled and packaged.

LEADERSHIP

Danny Elbaz, President



News
st Israeli Company to Launch on OTC Bulletin Board inOver 1 Year

No comments: