SOURCE: Joystar, Inc.

March 27, 2007 08:00 ET

Joystar Names Jerry Galant Its Chief Financial Officer

ALISO VIEJO, CA -- (MARKET WIRE) -- March 27, 2007 -- Joystar, Inc. (OTCBB: JYSR) one of the nation's largest and fastest growing travel agency networks and leading seller of cruises and vacations, has appointed Jerry Galant its Chief Financial Officer.

Mr. Galant brings to Joystar over 30 years of financial and travel industry experience. He has worked for large, multi-national corporations including Sabre and Goldman Sachs. During his tenure with Sabre, he managed the financial planning and analysis for a $1.5 billion division of American Airlines.

While based in England, Mr. Galant instituted the financial controls, profitability planning and cost reduction initiatives for Sabre's 18 country European division resulting in a turn around from $20 million annual losses to profitability in two years.

More recently, Mr. Galant served as the Chief Financial Officer of Pegasus Solutions, the leading provider of transaction services and e-commerce solutions to the hotel industry. Mr. Galant led the Company's $50 million Initial Public Offering in 1997, and secondary offerings raising an additional $130 million.

He managed all financial aspects of the Company's growth from $16 million in annual revenues as a privately held company to $200 million in revenues annually as a public company. He was the primary contact with Pegasus' institutional investors and directed the investor relations efforts including the Company's annual report, quarterly earnings releases, conference calls, investor presentations and road shows.

Mr. Galant supervised a financial staff of 160 performing controllership, treasury, financial planning, tax and billing services around the world. He also negotiated various complementary acquisitions including the $210 million cash and stock acquisition of RezSolutions, Inc.

During that time, Pegasus grew from 80 employees in two offices to over 2,000 employees in 35 offices world wide.

Mr. Galant graduated from the University of Pennsylvania with a B.A. in Economics in 1971 and from Harvard University with an M.B.A. in 1975.

About Joystar, Inc.

Joystar, Inc. (,, is 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 national sales force of affiliates. Joystar offers entrepreneurs a comprehensive business opportunity combining innovative technology, marketing initiatives and brilliant support services to the Company's independent travel agents.

"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