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Strategy First Releases New VodCast!!

News Flash!

Montreal, Canada. November 23, 2006. Software game publisher Strategy First, Inc. a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), is proud to present a new VodCast featuring Sonalysts Inc.

"We are happy to be putting out our second vodcast as this is our way of reaching out to the online community. Sonalysts Jamie Carlson takes us through the history of their great games and their role with the government" Say's Strategy Firsts Emanuel Wall, Producer of the VodCast series.

The month's VodCast episode features Sonalysts Jamie Carlson, developer of the award winning 688(I) Hunter/KillerT, Jane's Fleet CommandT, Sub CommandT, and S.C.S. - Dangerous Waters. This month's episode also includes excerpts from a 'Century of Silent Service" documentary, hosted by former President Jimmy Carter, with exclusive footage from the US Navy, and detailed history of the Submarine force.

You can view the VodCast production at: http://www.strategyfirst.com/EN/downloads/vodcast/

News Releases and VodCast are now available via RSS Feed link. Please add these to your RSS reader: http://www.strategyfirst.com/en/rss_wrap.xml and http://www.strategyfirst.ca/downloads/vodcast/rss_wrap.xml

About Sonalysts Inc.

Sonalysts, Inc., based in Waterford, CT, is an employee-owned business with 450 employees. Its annual sales are in excess of $50M and it has been serving government and commercial clients since 1973. Sonalysts began developing computer simulation games for the commercial market in the mid-nineties as part of its diversification plan following the end of the Cold War. Sonalysts has developed three PC naval simulation games to date - 688(I) Hunter/KillerT, Jane's Fleet CommandT, and Sub CommandT. Each of these games has won a variety of awards from "Best Combat Sim of the Year" to "Best Maritime Sim" of 2001. Sonalysts' games provide the user with a scalable experience so that the most dedicated simulation and casual players can both equally enjoy them. All of the games (including S.C.S. - Dangerous Waters) are being used by the U.S. military for training and/or as a simulation analysis tool. Jane's Fleet Command has been used by ABC and NBC News to assist in broadcast visualization of military operations in Iran, Kosovo, and Afghanistan. www.sonalysts.com

About LV Studios

Based in Montreal, Quebec, LV Studios is an independent multimedia studio founded in 2002 by Paul Thibault. LV Studios is a turnkey multimedia solutions provider specializing in delivery of professional audio and video productions to independent recording artists, video game developers and small businesses aspiring to reach a broader market. LV Studios has employed professional artists and contractors from around the world and continues to seek out creative affiliations with forward-thinking business partners who share a motivation for providing intuitive, localized online content to the world market. www.lvstudios.ca

About Silverstar Holdings

Silverstar Holdings Ltd. is a publicly traded company (NASDAQ: SSTR), focusing on acquiring controlling positions in high-growth retail-driven and fee-based electronic game businesses that stand to benefit from the economies of scale generated by the Internet and other technology-related platforms. It currently owns Empire Interactive PLC and Strategy First Inc. as well as a stake in Magnolia Broadband.

Empire Interactive PLC is a leading developer and publisher of interactive entertainment software games such as Starsky & Hutch, Big Mutha Truckers, Ford Racing and FlatOut. Empire's products are delivered on both console and PC platforms. Strategy First Inc. is a leading developer and worldwide publisher of entertainment software for the PC. Magnolia Broadband is a fabless semiconductor company and innovator of radio frequency (RF) solutions for the cellular industry.

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 Waters" 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

The statements which are not historical facts contained in this press release are forward looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.

Jasmine Goyer

Public Relation Coordinator

Strategy First Inc.

jgoyer@strategyfirst.com

514- 844-3040 ext.240

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