SOURCE: Joystar, Inc.

August 10, 2005 13:22 ET

Joystar CEO Featured in Travel Pulse Daily by ModernAgent.com

ALISO VIEJO, CA -- (MARKET WIRE) -- August 10, 2005 -- Joystar Inc. (OTC BB: JYSR), the nation's largest and fastest growing travel agency network, announced today that CEO Bill Alverson was interviewed by editor and chief James Shillinglaw in the August 4, 2005, issue of Travel Pulse Daily by ModernAgent.com. Travel Pulse Daily by ModernAgent.com, is an e-mail and online newsletter that goes to more than 50,000 travel agents every day.

In the feature column, which was entitled "Look Who's Talking: Bill Alverson, Joystar President and CEO," Mr. Alverson discussed the Company's exponential growth rate. He stated, "We're on track to hit 4,000 agents this year... What we're trying to do is build a scalable environment...We are just under $20 million in bookings annualized, and it's increasing at a clip of about 20 percent a month. We believe that we can be close to a $100 million run rate by the first quarter next year, and have over $150 million in bookings for 2006. Right now we're signing up about 300 agents a month, so we could sign up another 4,000 in 2006, which would give us somewhere around 8,000 agents by the end of the year." Alverson continued, "Obviously it [$1.6 million in new financing] gives us a positive net worth. It provides us with significant cash on hand to operate our business and to continue with our marketing programs. It also moves us one step closer to qualifying for a major exchange such as the NASDAQ... We look to attain profitability in the first quarter of 2006."

The article can be viewed online in its entirety at: http://www.modernagent.com/x/modernagent/visitor/resources/editorial.cds?n=3945

About Joystar, Inc.

Joystar is the nation's largest and fastest-growing travel agency network. The Company specializes in selling complex travel products including cruises, vacation packages and group travel through its national sales force of 2,200 professional agents. Joystar's comprehensive business combines innovative technology, marketing opportunities and expert support services to the Company's independent and home-based travel agents. With Joystar, professional travel agents can concentrate on promoting travel and creating customer loyalty without the administrative and financial burden of owning/operating a traditional storefront travel agency.

Safe Harbor Act

"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. Joystar, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by Joystar, Inc. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, and (iii) obtain additional financing, changes in general economic and business conditions (including in the online business and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, risks in connection with acquisitions, the time and expense involved in such development activities, the level of demand and market acceptance of our services and changes in our business strategies. Additionally, forward-looking statements concerning the performance of the travel and leisure industry are based on current market conditions and risks, which may change as the result of certain regulatory, political or economic events, a shift in consumer travel preferences, as well as those risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, which could cause actual events or results to differ materially from the events described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.

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