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 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. *** end of story ***