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Strategy First Signs GODS: Lands of Infinity Special Edition

For Immediate Release!

MONTREAL, May 28th, 2007. - Top software publisher Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (NASDAQ: SSTR), announced today that it has signed an agreement to publish the action RPG title "GODS: Lands of Infinity Special Edition," developed by Cypron Studios.

"We are extremely happy to be working with Strategy First to publish and bring 'GODS: Lands of Infinity Special Edition' to North America fans. This special edition is worth the wait and we have no doubt that this game will be a success," says GODS developer Stefan Pavelka.

"GODS: Lands of Infinity Special Edition will be a great addition to our game library. GODS is a heroic quest through the lands of Antasion full of grand adventure, glorious battles and cold steel," says Strategy First's producer Brock Beaubien

GODS: Lands of Infinity Special Edition is a blend of adventure and action in a turn-based setting. There is an array of missions and NPCs who players can add to their team. Players must fight, gain experience, level and acquire new skills. The game is played out in the first-person perspective, until gamers enter a battle encounter, at which point the game goes into third-person turn-based mode.

GODS: Lands of Infinity Special Edition invites you into an exiting world full of adventures, battles and quests of unearthly affairs. Spend hours discovering the world of Antasion, trading and completing the lead quests of each race or kingdom and many side quests.

Features:

Starring Supermodel Kyla Cole as a lead heroine Original RPG journey for the curious newcomer and a vintage experience for the hardcore player Tactical turn-based combat system Epic story of unearthly affairs Exciting and realistic outdoor sceneries from the 1st person perspective Highly advanced shader system providing realistic effects of natural ice, water, grass and other nature elements. Animated environment with high-resolution photo-realistic textures Over two hundred characters and monsters Variety of useful items, weapons, armors, trading goods and artifacts Original breathtaking soundtrack

"GODS: Lands of Infinity Special Edition" is due to be released in North America July 17th, 2007, at the suggested price of $19.99.

For more information on "GODS: Lands of Infinity Special Edition" please visit: http://www.strategyfirst.com/en/games/GODSLandsOfInfinity/

About Cypron Studios

Cypron Studios is a software development company. Founded in 1999, the team is composed of young, enthusiastic and talented individuals. Starting out with an innovative approach to real time strategy, Cypron Studios released its first PC game titled "State of War" in 2001. After having received a large amount of positive response for this game, Cypron Studios released a mission pack called "State of War: Warmonger," in 2002. Besides working for the last three years on their in house 3D engine for their flagship project called "GODS: Lands of Infinity," and "GODS: Lands of Infinity Special Edition," Cypron Studios also specializes in the console market. www.cypron-studios.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 Waters" and "Space Empires V," and "Making History: The Calm and the Storm." 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. 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.

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.

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