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Warlords Joins Disciples II And Jagged Alliance 2 In Strategy First's Lineup For The Nintendo DS

For Immediate Release!

Montreal, Canada. January 10th, 2007. Software Publisher Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), and Glyphic Entertainment announce the signing of "Warlords Nintendo DS". This classic turn-base strategy title truly compliments the "Disciples II DS" that is currently under development.

"It is with great pleasure that we are teaming up with Glyphic Entertainment to bring famed Warlords to the DS platform. This great classic is a perfect fit for the unique Nintendo DS system, a great combination to give fantasy strategic goodness right in the hands of the player, all this under the competent care of Glyphic Entertainment." -- Richard Therrien, Strategy First's Vice President of Development.

"The Warlords turn-based strategy series is a natural fit for the intuitive stylus-based interface of the Nintendo DS. We are very excited to be working with Glyphic Entertainment and Strategy First as they bring the series to an entirely new generation of gamers who will undoubtedly grow to love Warlords equally as much as the millions of others who have over the past 16 years." -- Steve Fawkner, founder of Infinite Interactive and creator of the Warlords universe.

"Glyphic Entertainment will be bringing one of the world's best-selling strategy franchises to the Nintendo DS platform, providing a compelling gaming experience to a rapidly growing gaming audience. The Warlords series has already captivated millions of turn-based strategy game players on both desktop and Pocket PC platforms, and we are very eager to expand the franchise to the Nintendo DS." -- G.R. Moore, founder of Glyphic Entertainment.

About Warlords DS

Warlords DS is an eight player turn-based game of conquest and empire. Different worlds provide a stage for the player to excel in combat. In the quest for final victory, gamers can assemble vast armies, conquer and loot mighty cities, undertake perilous quests, make and break alliances, and wield magical artifacts of great power. Although economics, diplomacy, and exploration weigh heavily in the outcome of each game, the primary emphasis is placed on combat.

Key Features

· Random worlds for infinite game replay value

· Hidden maps for extra tension and danger

· 20 built-in scenarios to play again and again

· Up to 8 players with hot-seat and Nintendo WiFi support

· 28 different army types to produce for your mighty hordes

· 4 terrains to choose from - grasslands, desert, wastelands and frozen tundra

· Formidable AI system to challenge even the most experienced gamers

· Exceptional graphics and sound provide deep immersion into the game world

· Integrated tutorial and military advisor provide an easy learning curve to novice gamers

· Historical tracking of all statistical information ranging from military strength to diplomatic state

· Based on the award winning Warlords franchise

About Disciples II DS

Disciples DS is the much anticipated debut of the award winning Disciples Franchise on the Nintendo DS. Ten years have passed since the first great wars and the time to take up arms against an insidious evil draws near. Disciples DS is poised to become a name synonymous with great strategy/RPG action.

Key Features:

· Visually Stunning Characters and terrain set the stage for the epic battle.

· Over 200 individually animated characters

· Every character gains experience and can gain levels

· Over 100 animated magic spells

· 4 unique campaigns tell the story from different perspectives

· Multiplayer supports up to 4 players

· Intelligent and challenging combat AI

About Glyphic Entertainment

Founded in 2002, Glyphic Entertainment is a privately owned, premier developer and publisher of innovative entertainment products for the Nintendo DS, consumer PC and various mobile technologies, including Windows Powered Pocket PC and Smartphone devices. Formerly doing business as Pocket PC Studios, Glyphic Entertainment's catalog includes several famous entertainment brands, including Warlords, Disciples and Ancient Evil. Glyphic Entertainment continues to offer its Windows Powered Pocket PC and Smartphone consumer software via the Pocket PC Studios brand at www.ppcstudios.com. Visit www.glyphicent.com for more information.

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

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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