News: StarInvest Group
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Press Release Source: StarInvest Group, Inc.


StarInvest Adds Asia Pay to Its Portfolio

Invests $100,000 in a Private Placement


NEW YORK, NY, Mar 28, 2005 (MARKET WIRE via COMTEX) -- StarInvest Group, Inc. (OTC BB: STIV) today announced that they have added Asia Payment Systems, Inc. to its Portfolio of Investments. Based on the Private Placement, StarInvest will receive 149,254 restricted shares of Asia Pay for the $100,000 invested.

Ike Sutton, CEO of StarInvest Group, Inc., commented, "Asia Pay is one of the fastest growing companies that I have encountered, based on the closing price on Friday of $2.20 per share, we have already seen a 300% increase in our investment. We are looking forward in assisting Matt Mecke and his team in raising additional capital and developing strategic users of his credit card processing platform in the international markets. We welcome Asia Pay to our Portfolio."

About Asia Payment Systems

Asia Pay is a USA public company with offices in: Seattle, Washington; Beijing and Shenzhen in China; and Hong Kong. Asia Pay is developing a credit card processing network that provides clearing services to merchants, oil companies, and financial institutions in China, Japan, and other markets of interest in Asia. Asia Pay's mission is to be a national provider of world-class third-party processing services in China to bankcard-accepting merchants, issuers of bank credit cards, issuers of petroleum station retail cards, and issuers of merchandise and other retail cards. Systems, hardware, and personnel are now in place as Asia Pay commences delivering service to clients. In addition, the company plans to expand nationwide operations in the China market, which currently has an estimated 750 million debit cards in use, with annual growth of an additional 60 million cards. For more information see http://www.asiapayinc.com/.

About StarInvest Group, Inc.

StarInvest Group is a publicly traded (OTC BB: STIV) Business Development Company (BDC) located in New York City. The company has implemented a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that 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. For more information see http://www.starinvestgroup.com/

The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC.

CONTACT for StarInvest Group, Inc.:
Blue Future Inc.
Barbara Manui
212-423-0407
ir@starinvestgroup.com