Midland, TX--7/9/2007--July 9, 2007-StarInvest Group Inc. (Symbol OTC BB:STIV) is pleased to announce the expansion of its management team in Shanghai by appointing Mr. RenoYue as Director of Business Development. Prior to his appointment, Reno served as the Regional Director Asia Pacific for BadaSino Affiliates. In this capacity, Reno sourced and marshaled prospective clients through the various service offerings of BadaSino encompassing marketing assistance, Asset purchases, Mergers and Acquisition advice and business structure. Before joining BadaSino Affiliates, Reno served as Director of Business Development and Assistant to the President at China International Industry and Commerce (CIIC), a former State owned company located in Beijing P.R.C. With Revenues exceeding 1 billion RMB, CIIC has twenty additional subsidiaries throughout China.

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