SOURCE: StarInvest Group, Inc.

May 21, 2007 15:00 ET

StarInvest Group Is Pleased to Announce That Western Roses Has Opened for Business

MIDLAND, TX -- (MARKET WIRE) -- May 21, 2007 -- StarInvest Group, Inc. (OTCBB: STIV) is proud to announce that its portfolio company Western Roses Memorial Park, Inc. has opened for business.

The Park is unique in that it is the only 'modern' cemetery in the area, with a full dedicated cremation garden, and an on site crematory to meet the growing demand for cremation services. Ray McCoy, Founder of Western Roses, Inc., stated, "The modern layout and the array of cemetery services offered will make Western Roses the most desirable cemetery location for the Midland/Odessa area for the next 200 years."

StarInvest Group, Inc. currently holds two Secured Promissory Notes for a total of $450,000.

This announcement does not constitute an offer to sell any security. An offer may be made only by means of a statutory prospectus.

About STARINVEST

StarInvest Group is a publicly traded Business Development Company (BDC) located in Midland, Texas. StarInvest Group 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.

About WESTERN ROSES MEMORIAL PARK, INC.

Western Roses Memorial Park, Inc. is a Texas corporation chartered in 2005 to own and operate a 60+ acre state-permitted perpetual care cemetery in the booming Midland/Odessa market of Texas. The cemetery will have an on site, state-of-the-art crematory, and a major cremation garden, along with mausoleum, lawn crypt and traditional burial gardens. The cemetery is located on the new major commercial thoroughfare across Texas, and will be the premier cemetery in the area for the foreseeable future.

Contact Information

  • Contact:
    Robert Cole
    StarInvest Group, Inc.
    432.682.8373
    Email Contact