StarInvest Portfolio Company GoIP Global Inc. Signs Agreement for Hughes DIRECWAY� Broadband Satellite Solution

GoIP targets 300 subscribers totaling $3 million in sales for 2005

New York, March 7, 2005. GoIP Global Inc., a StarInvest Group, Inc. Portfolio Company, (OTCBB: STIV), today announced that they have signed a contract to distribute and service DIRECWAY� satellite terminals, technology developed and sold by Hughes Network Systems in Central Asia, Former Soviet republics, the Middle East and North Africa. The agreement for Hughes DIRECWAY� system will enable GoIP to provide satellite broadband internet services, including VoIP, with speeds of up to 2 Mbps and the ability to provide Corporate TV to their subscribers.

The three year agreement calls for IP Dish the Hughes Hub Operator, to service GoIP with a comprehensive DIRECWAY� system, complete with a network operations center (NOC) and remote terminals. IP Dish will maintain, service, and provide technical support for the DIRECWAY� system. In turn, GoIP will offer its customers monthly subscriptions to its broadband satellite internet services.

DIRECWAY� will serve as the backbone for GoIP to provide its satellite broadband internet service. The service includes, but is not limited to, internet access, VoIP (with a flat price for unlimited calling to anywhere in the U.S. and Canada), video conferencing, IP security, website hosting and corporate email. GoIP�s comprehensive customer care includes installation, licensing, and on-site customer support. GoIP will target multinationals, banks, utilities, and government agencies, including the U.S. military.

�With the DIRECWAY� system, GoIP will become a market leader in this high growth region. With Hughes system already supporting 1000 terminals in Iraq, we are catching the market at the opportune time.� stated Miller Mays, President of GoIP Global, Inc.

About GoIP Global, Inc.

GoIP Global, Inc. is a value added reseller (VAR) of Hughes DIRECWAY� system in emerging markets providing satellite internet broadband service and VoIP. GoIP offers a total turnkey solution for all communication needs to areas lacking cable or DSL broadband connectivity. Service includes licensing, installation, connectivity, web-hosting, corporate email, support, networking and VoIP, highlighted by unlimited calling in the U.S. and Canada, plus a U.S. based telephone number. GoIP is active in emerging markets in the FSU, the Middle East, and parts of Africa. Located in New York, GoIP is a portfolio member of StarInvest Group, Inc.� For more information see www.goipglobal.com

About StarInvest Group, Inc.

StarInvest Group is a publicly traded (OTCBB: STIV) Business Development Company (BDC) located in New York City. The company has initiated 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 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:
Blue Future Inc
Barbara Manui 212-423-0407
[email protected]

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Source: StarInvest Group, Inc.