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PLYCF news update ...
Playstar updates and clarifies shareholders regarding recall of shares
PR Newswire - November 10, 2006 15:24

TORONTO, Nov 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- Playstar Corporation (PLYCF:PK) would like to announce that its advisors and legal team have advised them AGAINST a mandatory recall of the current PLYCF certificates as stated in today's press release.

The company feels that with its solid shareholder base this option is not necessary at this time.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

SOURCE Playstar Corporation