Tuesday, September 21, 2010

The Mobile Star Corp. (MBST.OB) is “One to Watch”

The Mobile Star Corp. focuses on introducing new interactive entertainment applications for the out-of-home consumer markets. The company’s main product, a Karaoke Vending Machine, provides a unique personal karaoke experience designed by recording studio professionals. With ease of use and affordability in mind, the system enables anyone to record their own digital music CD using the song of their choice.

The Vending Machine is similar in size and form to the highly-popular photo booths seen in shopping centers, amusement parks, pubs and other tourist attractions. Customers enjoy a studio recording experience while the fully automated system captures the performance. Once finished, the unit publishes a professionally edited digital CD featuring the customer’s voice and selected music. The system also has the ability to share the music with friends online.

Using a proprietary digital-media software platform and professional-grade hardware, Mobile Star’s studio is able to dramatically improve sound quality while imitating the acoustics of a hall. The coin-operated machines will be located in popular recreational areas including shopping malls, bars and theme parks, to name a few. Each machine is expected to generate more than $30,000 in gross annual revenues.

Following a recent pilot program, The Mobile Star reached a preliminary distribution agreement with Apple Industries, one of North America’s premier manufacturers and distributors of coin-operated electronic entertainment. Apple Industries anticipates distributing Mobile Star’s vending machine via its well-established marketing channels and is confident that it will be a market winner.

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