StarInvest provides additional update on its China initiative

MIDLAND, TX November 27, 2007--StarInvest Group(Symbol OTC BB:STIV), during its designation as a representive office in organization, has been in negotiations with several outstanding Chinese companies regarding the performance of services by our corporate office in the United States.

At present we have submitted four (4) fees for service agreements for the potential client(s) in consideration.

We anticipate receiving responses from these potential clients within the next thirty (30) days.

About STARINVEST

StarInvest Group is a Business Development Company (BDC) located in Texas. BDCs are publicly traded, closed-end investment companies regulated by the Investment Company Act of 1940. StarInvest Group was founded on the premise that the magnitude and consistency of investment returns can be significantly enhanced by combining both operational talent and financial talent within a single private equity investment firm. StarInvest Group has implemented a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or have business models with strong cash flow potential. In addition to structuring financing requirements, StarInvest provides managerial assistance and strategic links between the Portfolio Companies enabling them to maximize their resources for marketing, business development, administration, public listing planning, and realization of their goals.

Contact:

     Robert Cole

     StarInvest Group, Inc.

     432.682.8373

     Email Contact