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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Bouf who wrote (75959)2/16/2000 12:44:00 PM
From: StocksDATsoar  Read Replies (1) | Respond to of 108040
 
NSTG-OUR LITTLE BABY YAHOO HAS MORE
INFO ON THEIR PLANS FOR CHINA
(COMTEX) B: NorStar Prepares to Launch Asian Office
B: NorStar Prepares to Launch Asian Office

FORT LAUDERDALE, Fla., Feb 16, 2000 (BUSINESS WIRE) --

- Company Moving Ahead With Aggressive Expansion Plan -

NorStar Group, Inc., (OTCBB:NSTG) announced this morning that it has
completed negotiations to open an Asian office. This office will
provide a beginning base of operations for NorStar's innovative and
cutting edge subsidiary (www.veearecity.com).

"This strategic move will enable us to closely monitor our
manufacturing operations while also providing the necessary quarters to
support a full customer service and sales department', said Jay Sanet,
NorStar's Director of Corporate Development. Sanet went on to say, "We
believe our IVR (Internet Virtual Reality) Chat and Game rooms will
become a smash hit in Asia and we also intend to expand
VeeAreCity-TheBurbs on an international level much like Yahoo, AOL,
Compuserve, and other major Internet portals".

Through selective acquisitions and partnering alliances, NorStar Group,
Inc. (OTCBB:NSTG) is positioning itself to be a leading provider of
interactive, virtual reality, entertainment, educational, and business
products and services. NorStar is also the co-developer of a
proprietary lightweight, comfortable and affordable virtual reality
headgear, The Cybervisor (TM), which is designed for home, business,
and school.

Safe Harbor: Certain statements contained in this press release,
including but not limited to information regarding the future economic
performance and financial condition of the Company, the plans and
objectives of the Company's management and the Company's assumptions
regarding such performance and plans, are forward-looking in nature.
Many factors and conditions could cause actual results to differ from
the forward-looking information contained in this public announcement.

Copyright (C) 2000 Business Wire. All rights reserved.

Distributed via COMTEX.
-0-
CONTACT: NorStar Group, Inc., Fort Lauderdale
Jay Sanet, Director of Corporate Development
954/772-0240 Fax 954/492-0155
Email: NSTG@Bellsouth.net

WEB PAGE: businesswire.com

GEOGRAPHY: FLORIDA INTERNATIONAL ASIA PACIFIC

INDUSTRY CODE: INTERNET
ELECTRONIC
GAMES/MULTIMEDIA
ENTERTAINMENT

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