Midland, TX, May 30, 2007 -- StarInvest Group, Inc. (Symbol: OTC BB: STIV), is proud to announce its involvement / partnership in Premier Indemnity Inc. as a company to capitalize on the insurance market opportunities in the South East US, Florida market. Premier will write homeowners insurance in the state of Florida in response to the overwhelming need and demand. Premier will be led by a highly qualified and experienced management team and board of directors that know the insurance industry and the Florida market. Premier will utilize a virtual insurance company model with low start-up costs, no systems development work, a variable cost structure and low overhead expenses. StarInvest unique focus is to offer funding and seasoned managerial assistance in developing new and exciting small cap opportunities in selective markets with great growth potential.

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