Megastar Development Corp.
MEGASTAR APPOINTS SHAWN THOMAS AS ADVISOR
Megastar Development Corp. / Change of Personnel Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- MEGASTAR APPOINTS SHAWN THOMAS AS ADVISOR Megastar Development Corp. (TSX-V: MDV; Frankfurt: M5Q), is very pleased to announce that Shawn Thomas has joined Megastar’s Advisory Board. A results-oriented communications and marketing executive, Mr. Thomas brings to Megastar twenty years of executive leadership and strategic experience in the areas of communications, public affairs, media relations, sponsorship marketing and advertising, public relations, issue management, political liaison, government relations and public policy. Shawn is currently the Managing Director of First Event – a Vancouver based communications and marketing firm. Following receipt of an undergraduate degree from Queen’s University and a Master’s degree from the University of Victoria, Shawn held increasingly senior management and executive positions in both the public and private sector – including Communications Manager in the BC Ministry of Energy, Mines and Petroleum Resources; Director and Executive Director with the BC Ministries of Finance and Corporate Relations and Employment and Investment; Senior Vice President BC Hydro and most recently National Vice President Corporate Communications for TELUS Corporation. 'I’m very excited to join Megastar team and help them with their continued growth. I am looking forward to assisting Megastar with the development and implementation of their strategic growth plan, and strongly support Megastar with new strategies to help them increase their market profile, visibility and recognition,' stated Mr. Thomas. As compensation for his services, Megastar has granted incentive stock options to Mr. Thomas under the company's stock option plan for a total of 100,000 common shares at an exercise price of 15 cents for a period of two years. Dusan Berka, Chairman of the Board, commented: 'The wealth of experience that Mr. Thomas brings will be of great assistance to Megastar. Mr Thomas is well and widely known for his marketing, branding, media and corporate communications leadership and experience throughout Vancouver, British Columbia and beyond. Knowing Shawn for many years, I value his experience in his field and the recognition he has throughout the business community. I look forward to having Shawn assist and guide the board and our management team in formulating and executing corporate communications strategies to increase Megastar’s profile and visibility in the market, and we are very pleased to have someone of Shawn’s experience and expertise to join our team. ' David Bikerman, President & CEO, stated: 'I am looking forward to working with Shawn and tapping into his marketing and communications knowledge. This is an exciting time for Megastar as we continue to move forward and grow. Obtaining the expertise and insights of worthy advisors such as Shawn Thomas will be very beneficial to the company, and a key part of our success.' ABOUT MEGASTAR DEVELOPMENT CORP. Megastar Development Corp. is an emerging resource company engaged in the acquisition, exploration and development of mineral properties in Quebec and British Columbia. Megastar is listed on the TSX Venture Exchange under the trading symbol 'MDV' and on the Frankfurt Stock Exchange under the trading symbol 'M5Q'. For further information, investors and shareholders are invited to visit the Company’s website at www.megastardevelopment.com or contact D. Cameron Stretch at 604-961-9795, or Coal Harbor Communications at 604-662-4505 or Toll-free 1-877-642-6200. ON BEHALF OF THE BOARD OF DIRECTORS 'DUSAN BERKA' Dusan Berka, P. Eng. Chairman & Director MEGASTAR DEVELOPMENT CORP. #600 - 625 Howe Street, Vancouver, BC, Canada V6C 2T6 Tel.: (604) 683-6648, Fax: (604) 683-1350 www.megastardevelopment.com 08.01.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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