Midland, TX, May 5,
2007 -- StarInvest Group, Inc. (
Symbol:
STIV:OB), is pleased to announce that its portfolio company, Miscor Group, Ltd., (OTC Bulletin Board: MCGL)
was ranked #8 among the top 100 fastest-growing inner city companies based on its five-year revenue growth of
$3.3 million in 2001 to $46.3 million 2005, an increase of 1,299 percent. This is the second consecutive year
MISCOR has been ranked in the top 10 by the ICIC-100, coming in #3 in 2006 with a five-year revenue growth rate
of 3,413 percent. MISCOR's track record of industry-leading growth has also been recognized with a spot on the Inc.
500 list of fastest-growing private companies in the country in 2004 and 2005.
StarInvest Group, Inc. currently holds two Convertible Debenture and 845,834 shares common stock of
Miscor in its portfolio.
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:
Contact:
Robert Cole
StarInvest Group, Inc.
432.682.8373
Email Contact