SOURCE: StarInvest Group, Inc.

August 12, 2011 17:25 ET

StarInvest Shareholders Update August 12th, 2011

LONG BEACH, NY--(Marketwire - Aug 12, 2011) - StarInvest Group, Inc. OTC market: (OTCQB: STIV) (PINKSHEETS: STIV) (OTCBB: STIV) The new management is getting settled with StarInvest Group. This hopefully will give investors a better understanding of the current investment mix today, and communicate the direction of the company going forward. Our philosophy is straightforward: to build value for our investors. The company is currently looking to finance the development of our commercial property on Long Island, NY.

The company will look to raise $500,000 through a two-year convertible note with (3) warrants attached. Proceeds will be used to construct the commercial site, fund our Social Media Investment (Mobile Media Partners Inc), expand TC Eco Solutions Inc customer base, and evaluate current holdings. CEO Ron Moschetta stated: "I am hopeful for the 4th quarter of 2011 to be a transitional quarter for our company." The number one focus is to secure recurring revenues to support our infrastructure and to fund investment opportunities.

The opportunities for deals and bargains in today's market place are numerous. With the support of shareholders and investors, our team will be focused on rewarding your trust.

StarInvest Group, Inc. is pleased to announce the liquidation of their investment in West Texas Memorial Park Inc. An exchange agreement was negotiated in which STIV exchanged some of their equity position in the Cemetery for cash considerations, and an equity position in EPL Acquisitions Inc., a hundred percent holder of Perftech Holdings Inc.

Perftech Holdings Inc. has an exceptional technology embraced by the food industry for the past 5-7 years. The company currently services a broad range of consumer goods distributed in the food markets used in most consumer households. Product development has recently completed a very long and involved test market for distribution of bananas from the largest distributor in the US Market. Similar products / technologies are in the final stage of development each with tremendous market potential. Timing and luck are important ingredients for success. Perftech Holdings Inc. has been operating at about breakeven for the past 5 years. With the infrastructure cost covered, each additional dollar of revenue from these projects could have a dramatic effect on the value of the investment, and the profitability of the company. Timing could not be better for this investment.

Combining both basic businesses with growth opportunities can be a winning combination. This is the "Mission" for StarInvest Group, Inc.

Safe Harbor Statement

This release may include forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2010 and beyond could differ materially from the Company's current expectations.

Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events.

Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of the STIV initiative and other cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filing with The Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2010.

The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.

StarInvest Group, Inc. is a publicly traded company dedicated and determined in creating share holders value. The efforts of past management have left the company with a valuable tax loss carry forward of approximately 18 million dollars. The public format will give the new management team a venue to raise capital and focus on creating a cash flow infrastructure from an array of opportunities. The new Management has a vast Investment Banking background. STIV management is looking to spin off companies as they mature. The management of STIV will "partner" with the companies they invest in and support their development. There are a lot of opportunities in the market place today with capital becoming a vital resource. STIV new management has spent more than 30 years in the financial arena with both investors and professional operators with an emphasis on both private and publicly traded companies in the small cap market. Our administrative team redefines a "can do," "get it done" attitude exemplified by sound ethical judgment coupled with many years of experience in the respective areas of corporate responsibility.

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