| Press
Release Source: StarInvest Group, Inc. StarInvest
Adds Vuico to its Portfolio New
York, October 4, 2005 - StarInvest Group, Inc. (STIV.OB) today announced the addition
of Vuico to their Portfolio. Vuico, a private Company, headquartered in Houston,
Texas is a software middleware development Company for the mobile wireless industry.
Vuico licensed its technology from NTT Docomo of Japan, which is also a shareholder.
NTT Docomo, an established leader in the wireless industry, provides a base of
technology to Vuico, thus enabling Vuico to bring Japanese advanced applications
to the U.S. mobile wireless industry. Ike Sutton, CEO of StarInvest Group,
Inc. stated, "We are very pleased to add Vuico to our Portfolio. We will
work with Vuico to market its technology and increase its value. In doing so,
it will also increase the value of our other Portfolio companies." Mr. Sutton
added, "Vuico's recent Strategic Alliance with the American Basketball Association
places Vuico in a position to receive income on a recurring basis from media revenues
as opposed to software revenue only. This model will be aggressively marketed
due to the sharp growth of advertising demand in the wireless industry."
About Vuico, LLC Vuico, is a global, wireless computing software
company enabling customers to use the full capability of today's mobile cellular
devices. Vuico delivers content to a broad array of mobile devices running its
GoWireless applications anywhere, in real time, at the lowest cost and in
a variety of languages. Vuico focuses on continuous innovation to improve the
user's mobile experience and to allow the mobile industry around the world to
offer differentiated services to their customers. For more information about Vuico's
products, solutions, and services, visit its Web site at www.vuico.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
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 --------------------------------------------------------------------------------
Source: StarInvest Group, Inc. |