Exodus from the Earth

Montreal, Canada. Oct.17, 2008

Publisher Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), invite gamers everywhere to participate in an exclusive promotion on Steam. From October 17th to the 24th Steam customers who pre-order Exodus from the Earth will receive a 10% discount.

“Exodus from the Earth is a next generation title that will create an exhilarating alternative in the first person shooter genre,” says Strategy First Business Development Manager Emanuel Wall.

The action-packed shooter, based on the advanced Riposte game engine, provided by Tools Media Corporation. Riposte uses modern processors and video accelerators to produce realistic and enriched game environments.

Players will be kept guessing up until the final step with the intriguing and unpredictable storyline, battling and exploring through high-poly, epic locations on two planets. The powerful arsenal offers multiple, unique attacks for each weapon to be put to full use in the dynamic gun-toting gameplay that transports players from the road to the sky.

"Exodus from the Earth won’t disappoint the high standards that Steam Gamers have for First Person Shooters,” says Strategy First Business Development Manager Emanuel Wall. “We understand that the Steam Gamers make or break a first person shooter, which is why we took our time to present only the top tier first person shooters to Valve.”

To take advantage of this promotion, please visit http://store.steampowered.com/app/12390/

About Steam

Steam is a leading platform for the delivery and management of games and digital content, and has pioneered its broadband services to over 15 million customers with core and casual games from today's leading publishers and developers. For more information, please visit www.steamgames.com.

About Strategy First Inc:

Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings (Nasdaq: SSTR), is a leading developer and worldwide publisher of entertainment software for the PC. Founded in 1990, the Company is well known for its proprietary groundbreaking titles, such as the award winning Disciples, Jagged Alliance and Space Empires series of games, which are under continuing development. Simultaneously, Strategy First continues to publish many of the industry's major titles, winning numerous awards for games such as "Hearts of Iron", and "Galactic Civilizations." Recent offerings include top releases such as "S.C.S. - Dangerous WatersTM" and "Space Empires V." The Company provides a unique alternative for independent developers seeking to market their games to a worldwide audience. www.strategyfirst.com

About Silverstar Holdings:

Silverstar Holdings Ltd., based in Boca Raton, Fla., is a publicly traded company (NASDAQ: SSTR) focusing on electronic game businesses and emerging wireless technologies. The company owns British-based Empire Interactive PLC and Canadian-based Strategy First Inc., and owns a stake in Magnolia Broadband, headquartered in Bedminster, N.J.

About Parallax Arts Studio

Parallax Arts Studio is a game development company that designs and develops computer games. The company is based in the USA with a development team located in St Petersburg, Russia. Founded in 2000, the company has developed its own cutting edge technology engine and tools in cooperation with ToolsMedia Corporation, its subsidiary. Parallax is an authorized developer of NVIDIA, ATI and Creative, also an Associate Intel Software Partner. Its main target platform is PC, but Parallax Art Studios is also working on developing for the Xbox360 and other next-gen consoles. http://www.partstudio.com

For more information, please contact:

Maria Loreto

Strategy First Inc.

Tel: 514-844-3040 ext.242