Navstar Media Holdings, Inc. Receives New Trading Symbol: NVMH.OB

Engages CFSG for Investor and Public Relations Services

Navstar Media Holdings, Inc. (OTC BB: NVMH) ("Navstar") announced today that it has received approval for listing on the OTC Bulletin Board under the trading symbol NVMH.OB.

In addition, the Company announced that it has engaged Consulting For Strategic Growth I, Ltd. (CFSG) to provide strategic counsel on investor and public relations.

Navstar is a China-based U.S. company formed to become a leader in the vast media market of the People's Republic of China. With its swelling middle class, China has the largest TV viewership and is also one of the key emerging media markets in the world. Since 1998, the Company's private operating subsidiary, Happy Times Media, Inc. ("Happy Times"), has produced highly successful content -- including an extensive array of children's programs -- for major national and regional TV stations. It also distributes television series and foreign movies throughout mainland China. Through a distribution arrangement with Miramax, it has imported more than 60 Miramax cinematic productions into China. In addition, the Company is engaged in discussions for several potential acquisitions in the field of content production and distribution to quickly expand its market reach and consolidate its market position as previously disclosed.

Don B. Lee, CEO of Navstar, said, "We are extremely pleased to receive approval for trading on the OTCBB under our new symbol NVMH. Navstar is a dynamic media company that has demonstrated success through its traditional business model of content production, licensing and distribution in television and film. We are now moving to obtain a leadership position in China's rapidly growing media market through the acquisition of selected Chinese media companies. Our top management is well grounded in both American and Chinese cultures, able to operate efficiently in the business environment of both countries. We are delighted to have the advice and counsel of CFSG, which has had considerable experience working with China-based companies and understands the great potential of this market."

Stan Wunderlich, CEO of CFSG, said, "We are excited to be working with this aggressively growing company. Based on our experience with China-based clients, we are convinced that Navstar will attract enormous interest from American investors."

About Navstar Media Holdings, Inc.

Navstar Media Holdings, Inc. (OTC BB: NVMH), headquartered in Beijing, recently became a publicly traded U.S. company through a reverse merger. The Company intends to grow through internal expansion and strategic acquisitions in the largest emerging media market in the world. In addition to content production, licensing and distribution, Navstar is also engaged in advertising, televised cultural events, corporate communications and exhibitions.

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."

Consulting For Strategic Growth I, Ltd. ("CFSG") provides Navstar Media Holdings, Inc. ("Navstar") with consulting, business advisory, investor relations, public relations and corporate development services. Independent of CFSG's receipt of cash compensation from Navstar, CFSG may choose to purchase the company's common stock and thereafter liquidate those securities at any time it deems appropriate to do so.

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