STARINVEST DISTRIBUTES DIVIDEND

New York, September 1, 2005, StarInvest Group, Inc. (STIV.OB) announced today that a Stock Dividend, as indicated in its press release of June 23, 2005, was distributed to all StarInvest shareholders of record as of June 30, 2005.  All shareholders of record have received one (1) share of GoIP Global, Inc. for every two (2) shares of StarInvest Group, Inc.  GoIP Global, Inc. is in the process of having their shares registered to be traded publicly.

All shareholders holding certificates will receive the GoIP shares in the mail.  All shareholders holding STIV shares in their brokerage account should be receiving the dividend on their brokerage statement.  Any questions, please contact rosemary@starinvestgroup.com.

GoIP Global, Inc. is a New York based portfolio company of StarInvest Group, Inc.  It is a satellite broadband internet provider delivering broadband IP to emerging markets that are unable to  utilize high-speed internet access over cable or DSL, due to lack of infrastructure.  The Company is a Value Added Distributor of Hughes Network Systems and provides solutions to current communication needs.  The key target areas include parts of the former CIS, parts of the Middle East, Asia and several African countries.  For more information see www.goipglobal.com.

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 see www.starinvestgroup.com.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965:  Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements.  Such statements include, but are not limited to, certain delays that are beyond the Company’s control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the Company’s periodic filings with the Securities and Exchange Commission.

Contact for StarInvest Group, Inc.

Blue Future Inc. Barbara Manui, (212) 423-0407 - ir@starinvestgroup.com

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Source: StarInvest Group, Inc.