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US Starcom to Spin off Tech Unit and AutoTrader.com Renews Exclusive Partnership with Univision.com

Broadcasting industry news provided by Financial News USA (OTC: FNWU). Telecom services provider US Starcom (OTC:USTA) said it signed a letter of intent to spin off its subsidiary, US Starcom Technologies, which will now be called Relativity Inc. The spun off entity will focus on providing software services for banking and private equity markets. US Starcom will own 1.25 million shares of the new entity, which plans to go public over the next 6-12 months, the company said in a statement.

AutoTrader.com, the ultimate automotive marketplace, and Univision Online, Inc., the interactive division of Univision Communications Inc. (NYSE: UVN), recently announced the continuation of their successful partnership. The new multi-year agreement provides the Hispanic community with the most comprehensive online automotive shopping and selling resources on Univision.com, the most visited Spanish-language web destination in the U.S. Capitalizing on the growing interest of consumers to use their mobile phones as entertainment centers, CBS (NYSE:CBS) has launched three next-generation web sites catering to mobile users. The announcement of the three new sites - the CBS Mobile Store and two new advertising-supported mobile web sites (also known as Wireless Application Protocol, or WAP sites) for Sports and News - was made by Cyriac Roeding, Executive Vice President, CBS Mobile. Clear Channel Outdoor, a subsidiary of San Antonio-based Clear Channel Communications Inc. (NYSE: CCU) and the world's largest outdoor advertising company, just announced plans for an indoor digital billboard network at O'Hare International Airport in Chicago. It will include eight 6-foot-by-8-foot LED (light emitting display) units that will feature 10-second advertising spots running continuously.

About Financial News USA

Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information:

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