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Powerstar International Inc. Enters Into Agreement to Acquire Skyboard Corporation


Acquisition Signals Powerstar's Entry Into the Outdoor Digital Signage Market

CALGARY, ALBERTA - Powerstar International Inc. (TSX VENTURE:PWS) (Powerstar), the wireless and digital signage solutions provider, has entered into a definitive agreement to acquire Skyboard Corporation (Skyboard) of Calgary, Alberta. The purchase consideration is approximately four million, eight hundred thousand (4,800,000) common shares of Powerstar and fifty thousand dollars and twenty ($50,000) in cash. The acquisition is expected to close within a week and is subject to the approval of the TSX Venture Exchange.

Skyboard operates six outdoor digital billboards in Alberta and has sales contracts for an additional twenty-two billboards across Canada. These billboards reach about fourteen million people each week. Skyboard has recently acquired High Point Media Ltd of Edmonton, one of the largest and most experienced video billboard marketing companies in North America. This merger will leverage Skyboard's nine year history of designing and building LED displays with these acquired media service capabilities. Skyboard will operate as a wholly owned subsidiary of Powerstar and aggressively expand advertising display locations.

"Skyboard has built some of the largest LED display installations in Alberta and we expect to expand on this success," said Dr. Hatim Zaghloul, Chairman and CEO of Powerstar, "we are excited about the advertising relationships Skyboard brings and are confident that we can build on those relationships."
Robert Hoogveld, president of Skyboard said "By joining forces with Powerstar, we have created a company with the marketing and financial strength necessary to drive dynamic growth and compete more effectively."
Skyboard is on track to achieve about two and half million dollars of profitable revenue within the next twelve months. Robert Hoogveld will carry on as the president of the subsidiary. Terry Balaban is VP Operations and Client Services with Ken Rochat, the VP of Sales.

About Powerstar International Inc.

PowerStar is a provider of digital signage/communications networks for consumers, businesses and the US government. Powerstar provides services under its Solutrea brand and companies. The company provides public Wi-Fi networks, digital signage, corporate communications and Business Television over wireless, satellite and terrestrial platforms. Powerstar International Inc.'s shares trade on the TSX Venture Exchange, trading as TSX-V: PWS. For more information visit www.solutrea.com.

Forward-looking Information

Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. These may include, without limitation, statements based on current expectations involving a number of risks and uncertainties related to all aspects of the wireless and wireline communications industry and the global economy. These risks and uncertainties include, but are not restricted to: the short history of Powerstar International Inc. and its main subsidiary, Solutrea Inc., (collectively the "Company"), the dependence of the business model on advertising whilst the Company has no advertising track record; that the Company may be required to raise additional capital to execute its business plan; that the Company will need to acquire or develop new services to continue to grow its business; that the Company requires investment to translate its vision into sustainable profit in the market; that the Company is dependent on the performance of its key officers and employees; that changes in regulatory environment could materially adversely affect the Company; and that the Company has and may make acquisitions of products, services, technologies or businesses which could materially adversely affect the Company. These risks and uncertainties may cause actual results to differ from information contained herein, when estimates and assumptions have been used to measure and report results. There can be no assurance that such forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Powerstar International Inc.
    Hatim Zaghloul
    Chairman and CEO
    (403) 285-0223

    Email: hzaghloul@solutrea.com
    Website: www.solutrea.com






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