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StarInvest Group, Inc.: StarInvest Group, Inc. Enters Into Share Exchange Agreement With EXX.com

^{Published on 2009-03-31 15:03:57, Last Modified on 2009-03-31 15:04:40 - Market Wire}
 

MIDLAND, TX--(Marketwire - March 31, 2009) - StarInvest Group, Inc (OTCBB: [ STIV ]) is pleased to announce that it has entered into a Share Exchange Agreement with EXX.COM ("EXX"). Pursuant to the terms of the Agreement, StarInvest agreed to acquire 100% of the issued and outstanding shares of common stock of EXX, in exchange for the issuance of 82,000,000 common shares of StarInvest. The acquisition is scheduled to close before June 30, 2009, and it is subject to the satisfaction of a number of conditions as set forth in the Share Exchange Agreement.

StarInvest and EXX anticipate the need to raise new capital to expand support capabilities and expand EXX's systems to the international markets.

Robert H. Cole stated: "This acquisition will unleash the value of STIV management, and relationships in our effort to grow revenues and increase the value of our company for its shareholders. In line with our recent acquisition of My Transfer Agent, LLC ('MTA'), EXX will offer a recurring revenue model by servicing brokerage firms, hedge funds, trading firms, or individuals on a single platform that interlinks all current trading systems and clearing houses thus yielding the best execution services for all of its clients. In addition, EXX 's Nunna Trader platform satisfies all compliance reporting requirements and allows for risk management on a real time basis."

About EXX.COM

EXX is a privately held company specialized in providing connectivity and software solutions to small and medium sized stock brokerage, arbitrage, investment banking firms, and Hedge Funds in major American markets. EXX's vision is to build autonomous, efficient, reliable and cost effective trading platforms in order to achieve Straight Through Processing (STP) in the financial industry. The company's main business is customizing proprietary platforms so from one program STP is enabled across all the financial networks.

About STARINVEST

StarInvest owns and operates a stock transfer agency through its wholly owned subsidiary My Transfer Agency, LLC ("MTA"). MTA's seasoned management has been working for over 30 years with large established corporations as well as small emerging businesses, coupling today's technology with a personal touch, offering the convenience of a 24/7 online access through the security of a Full Web Encryption, as well as, a qualified and professional customer service. A full menu for financial services to MTA ([ www.mytransferagent.com ]) customers creates a long term partnership with its clients. STIV continues to look for companies complimentary to their core focus in the financial markets.