SOURCE: Joystar, Inc.

May 04, 2007 07:00 ET

Joystar Experiences Best Month Ever in Agent Growth

Over 300 Travel Agents Join in April

ALISO VIEJO, CA -- (MARKET WIRE) -- May 4, 2007 -- Joystar, Inc. (OTCBB: JYSR), one of the nation's fastest-growing travel agency networks and leading seller of cruises and vacations, added 307 travel agents to its network in last month.

William M. Alverson, Joystar CEO, commented on the record-breaking growth, "April was our biggest month in the history of the Company in terms of new membership. With 307 agents joining our network in April and 1,145 travel agents year-to-date, we're running at nearly double last year's growth rate."

A key driver to the growth of Joystar's host agency is the phenomenal success of the Company's Enterprise program. Over 65 leisure travel agencies representing 2,069 home-based agents have switched to Joystar's flagship hosting solution.

"We're attracting small and mid-sized host agencies whose savvy owners are taking advantage of our significant investments in technology and unparalleled commissions. They are doing the right thing for themselves and their agents. It would take millions of dollars and years to recreate what we make available to them for them in our Enterprise program. As soon as they join us, they have lost a competitor and created a powerful ally," Alverson added.

"The market opportunity for Joystar is potentially billions of dollars in complex travel sales annually as the travel agent community continues to dominate cruise sales. We plan to continue to strengthen our brand as the 'Host Travel Agency of Choice' in the industry. Our agents and agency partners can look forward to powerful technology enhancements, marketing initiatives, business development programs, and commission enhancements coming from Joystar this year."

About Joystar, Inc.

Joystar, Inc. (www.joystar.com, www.vacationcompare.com, www.travelstar.com) is the one of the nation's largest and fastest-growing leisure travel agency networks and a leading seller of cruises and vacations. The Company sells complex travel products including cruises, vacation packages and group travel through its growing national sales force of virtual travel agents and online affiliates. Joystar offers comprehensive business opportunities that combine innovative technology, marketing opportunities and expert support services to the Company's independent and home-based travel agents. With Joystar, experienced and new travel agents can concentrate on promoting travel and creating client loyalty without the administrative and financial burden of owning/operating a traditional storefront travel agency.

"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.

Contact Information

  • For Investor Information, contact:
    Michael Matsie
    Investor Relations
    (800) 561-4341
    mmatsie@joystar.com
    Joystar, Inc.