StarInvest CEO Discusses Investment Strategy
Monday January 31, 11:23 am ET

NEW YORK, NY--(MARKET WIRE)--Jan 31, 2005 -- StarInvest Group, Inc, (OTC BB:STIV.OB - News), a publicly traded Business Development Company, today announced that CEO Ike Sutton outlined the company's investment strategy to increase net asset value (NAV). StarInvest highlighted the areas which it will focus on: Media, Communications, and Distance Learning.

StarInvest has identified several internet media companies to join its portfolio. Among them are an $8 million annual revenue internet lead-generation company, a web based company that mobilizes the masses with 13 million monthly hits to their website, and a guest-centric concierge system with $2.4 million in orders from major hotel chains. By forming these alliances, these and future media companies can collectively maximize synergies resulting in combined annual revenues of over $20 million for 2005, creating a higher return for any monies to be invested.

Through StarInvest Portfolio Company GoIP Global, Inc., satellite internet broadband will be offered to several emerging markets. A VAR (Value added reseller) agreement has been signed with a well-known satellite service provider. GoIP will provide total turnkey solutions to its customers. GoIP in conjunction with several candidate Portfolio companies will offer premium add-on services such as VoIP, with a flat price for unlimited calling to the U.S. and Canada from anywhere in the world, IP security, web site hosting, and email among others. WIFI or Wimax technology Portfolio partners are being sought to enhance the offering and make the GoIP solution a full end-to-end communication solution.

StarInvest Portfolio Company E Education Network (EEN) and its proprietary Smart EducationCard(TM), will continue to be developed and will be the link between educational content providers and Educational Multi Media Centers. Under a Letter of Intent EEN will merge with Light Year Institute and develop a "Network Consular" Curriculum and Certificate. An exclusive fiber optic technical education program will be developed with a major fortune 500 Company affiliation. StarInvest will continue to seek Portfolio companies that can enhance the distance learning offering by providing new content material or new multi media delivery techniques. StarInvest commitment in bring Distant Learning to the far corners of the world continues to be developed.

Ike Sutton, CEO of StarInvest Group Inc., commented; "Our goal is to increase StarInvest' Net Asset Value. By supporting our Portfolio companies with alliances, international contacts, new technologies and complimentary support, brings investment to new heights where cash alone will not be sufficient. StarInvest' BDC status enables us to provide this platform and we are confident that our NAV will increase in the near future."

About StarInvest Group, Inc.:

StarInvest Group is a publicly traded (OTC BB:STIV.OB - News) 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 https://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:
Contact:
Ike Sutton
212-514-6600
[email protected]

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Source: StarInvest Group, Inc.