StarInvest’s Portfolio Company, AGI Signs Agreement With REP Retail E- Promotion, Inc.,

A Digital Signage Company

New York, January 4, 2006, StarInvest Group, Inc. (Symbol: STIV:OB), today announced that AGI, a StarInvest Portfolio company has signed an advisory agreement with Rep Retail E- Promotion, one of the world’s leading and most experienced dynamic visual communication companies which manufactures and sells its proprietary cost effective plug-&play technology and applications for digital signage applications.  This agreement is for one year and valued over $200,000. 

Rep Retail E- Promotion recently introduced ITTV, a “plug&play” TV style hosting, entertaining and advertising product that broadcasts pre-scheduled loops of live web content and commercials.  ITTV creates an ideal vertical hot spot media network for upscale venues.

Ike Sutton, CEO of StarInvest commented, “AGI will provide advisory services to Rep Retail to enable them to position their company to penetrate the U.S. market with their products and the public market for capital.  We are excited about this opportunity and look forward to working with this new Israeli technology.”

Chaim Fleischer, CEO of Rep Retail, stated, “The Company currently has hundreds of units operating in dozens of locations in more than 10 countries.  British Telecom, Clear Channel (Norway), Free University Amsterdam (the largest in Holland), Fairfield Council Australia, McGhee-Tyson Airport Knoxville, Tennessee, Ben Gurion Airport Tel-Aviv, K-Mart Germany are clients, and soon the Hilton Hotel in New York City.  We are now ready to aggressively handle the U.S. market.”

About Rep Retail E- Promotion:

Rep Retail E- Promotion was founded in 2000 and is based in Israel.  The company has developed a highly reliable, robust software based micro media players with powerful management systems specially suited for public spaces.  Through years of product development and international market experience have given Rep Retail a deeper understanding of the digital signage market and its potential.  The result is a line of revolutionary yet affordable products uniquely designed to meet the market demand for powerful, inexpensive, plug&play solutions, which are now sold through a worldwide distribution network. .  For more information, www.repromotion.com.

About StarInvest Group, Inc.:

StarInvest Group is a publicly-traded 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 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, 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.

For further information please call, (212) 338-0001, or email, ir@starinvestgroup.com. 

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Source: StarInvest Group, Inc.