MARINA DEL REY, Calif., May 22 /PRNewswire-FirstCall/ -- AdStar, Inc. (OTC Bulletin Board: ADST) today announced that it has not concluded a definitive agreement with Relevantis and that negotiations have terminated. AdStar will continue to seek to leverage its core technology assets by seeking partners in the mobile advertising space.

About AdStar, Inc.

AdStar, Inc. (OTC Bulletin Board: ADST) is a leading provider of e-commerce transaction services and payment processing solutions for the digital and print advertising and publishing industries. AdStar's proprietary suite of e-commerce services includes remote ad-entry software, mobile and web-based ad transaction and campaign management services, and payment processing and content processing solutions. AdStar is headquartered in Marina del Rey, Calif. and its Edgil Associates subsidiary is located in Billerica, Mass. For more information on AdStar, visit http://www.adstar.com.



     AdStar Company Contact:
     Jeff Baudo, 310-577-8255, jbaudo@adstar.com

     AdStar Media Contact:
     Kevin Wilson, 513-898-1008, kwilson@kevinwilsonpr.com

SOURCE AdStar, Inc.