Midland, TX--6/14/2007--StarInvest Group, Inc. (OTC BB: STIV) is pleased to announce the appointment of Glenn Matthews as Executive Vice President and Chief Operating Officer effective June 12, 2007. Glenn has over 25 years of business experience in manufacturing, distribution, and financial services sectors, having served most recently as the managing partner of a financial services and business consultancy focused on the greater Asia market.  Prior to this position, Glenn served as chairman of regional broker dealer focused on wealth management and preservation, managing director of a specialty offshore financial services provider, and a senior vice president of a bank owned financial services subsidiary.

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

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