Mobile Star Corp. Hires George Ivakhnik as CEO and Director

BEVERLY HILLS, California, February 14, 2012 /PRNewswire/ --

MOBILE STAR CORP. (MBST.QB) (OTCBB: MBST.PK) is pleased to announce its new Director and Chief Executive Officer, Mr. George Ivakhnik.  

Mr. Ivakhnik brings over 14 years of expertise in private and public company management in the socially responsible sectors of U.S. economy, including: technology, banking/financial, retail, media, medical/pharmaceutical, and real estate.  

"In this market investors are seeking dividend and near-term liquidity," quotes Mr. Ivakhnik. "It is quite a divergence from prior years, when investors sought out traditional 'value added' opportunities.   Today's model calls for significantly reducing downside risk, while eliminating as much operational expense as possible while simultaneously controlling the cash register."  Mr. Ivakhnik further quotes, "in my opinion these are the keys to success in today's market."

About Mobile Star, Corp. (MBST.QB)

Mobile Star Inc. was incorporated in Delaware on December 25^th, 2007 and is an evolving company.  Most recently new company CEO and board approved additional business focus to existing course of business, including acquisition and financing of companies in socially responsible sectors of U.S. economy with "disruptive" products and strong management teams.    

Forward-Looking Statements:

A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this document, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements.

Contact:

Office of Chairman and CEO
+1-310-279-5282

SOURCE Mobile Star Corp.