SOURCE: StarInvest Group, Inc.

May 20, 2005 08:53 ET

StarInvest Adds Net2Auction to Its Portfolio

Net2Auction Is a Leading Provider of Auction Drop-Off Services

NEW YORK, NY -- (MARKET WIRE) -- May 20, 2005 -- StarInvest Group, Inc. (OTC BB: STIV) today announced that they have added Net2Auction, Inc, to its Portfolio of Investments. Based on the Private Placement StarInvest invested $100,000 and will receive 1,000,000 restricted shares of NAUC.

Ike Sutton, CEO of StarInvest Group, Inc stated, "Net2Auction is a new addition to our Portfolio and has exceptional possibilities. Based on its trading over the past week we see tremendous interest and growth in this market segment. We welcome Net2 Auction to our Portfolio."

Delmar Janovec, Net2Auction President, commented, "Given our rapid expansion and having opened additional locations so quickly, Net2Auction is setting the stage as a leading national contender in the auction drop-off business. We are positioning ourselves to be the fastest growing company in our space in terms of opening locations at a faster rate than any other company in the marketplace."

"With an opportunity to tap into what is estimated to be a $30 billion annual industry, and with the staggering number of people who can't or don't want to sell items on eBay, we believe we are targeting a market with immeasurable opportunity by offering a simple five-minute eBay drop-off service," Janovec continued.

About Net2Auction

Net2Auction Inc. is a leading provider of auction drop-off services that allow people to easily sell their items on eBay by dropping unwanted goods off at Net2Auction locations. Getting its customers in and out of its drop-off locations in less than five minutes, the company offers a full-service eBay listing program that requires almost no effort on the customers' part. Currently undergoing rapid expansion, Net2Auction's growth is fueled by the increasing number of consumers who would like to sell unwanted goods on eBay but don't have the time, energy or know-how to do so. For more information visit www.net2auction.com

About StarInvest Group, Inc

StarInvest Group is a publicly traded (OTC BB: STIV) 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 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.

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