Strategy First Signs Birth of America

For Immediate Release



Montreal, Canada, May 19, 2006. Software publisher Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), is pleased to announce the signing of the turn based strategy game titled "Birth of America". Initially published by the French company AGEOD, Birth of America is an original creation of Philippe Thibaut and developer SEP BOA.

"We are very confident that our partner Strategy First will do a great promotion and distribution job for Birth of America, as we can tell from their previous achievements in historical strategy games" says Philippe Thibaut, Birth of America designer and CEO of AGEOD (and designer of the renowned game, Europa Universalis!)

Pro Sotos, Manager of Business Development for Strategy First Inc. said, "We are extremely happy to be publishing Birth of America. The development team has been responsible for some of the most addictive and challenging strategy games and we believe that Birth of America will surpass the level of quality and gameplay of the previous titles."

About Birth of America

The year 2005 marks the 250th anniversary of the start of the French & Indian Wars. Twenty years later, the America Revolutionary War erupted. These two events marked the real start of a new era in the Americas and the end of British Colonial rule.

In Birth of America, the player controls one of the major contenders of these 2 conflicts, trying to achieve military and political victory. It is a complete and detailed simulation of the two most important wars in Colonial America - from 1755 to 1783. The game covers all of North America, from Florida to Quebec and New England to Mississippi.

Control the military action of your nation. This includes such activities as drafting forces, building forts and depots, sieges and blockades, raiding enemy settlements and battles, both on land and at sea.

Naval units come in the form of warship squadrons and flotillas. You can also manage supply wagons, water transport, forts and depots. Wide diversity of troop types are implemented, including: light infantry; dragoons; siege artillery; rangers; Indian warriors; marines; militias; ships of the line; frigates and lake flotillas. There are more than ninety different models of units in all.

Features:

• 18th century North American Map that covers 700 provinces, with diversity of terrain, climates and civilization levels.
• Dozens of unit models from the era
• Simple and intuitive handling
• Over 150 historical characters included
• 11 scenarios and 3 grand campaigns
• A very reactive AI
• Play by email option

Birth of America is rated E for Everyone by ESRB.

For more information on Birth of America please visit: http://www.strategyfirst.com/en/games/BirthOfAmerica/

About AGEOD

Ageod Sarl is a newly established independent French publishing company, founded in 2005 by industry veteran designer Philippe THIBAUT (designer of historical strategy games Europa Universalis, Pax Romana and Great Invasions) and François CLAUSTRES (cofounder of JeuxVideo.com, the leading videogames website in France). Ageod's main goal is to offer players original cultural and gaming creations. Ageod aims to provide an outlet for small independent studios and producers that are less fortunate in the marketing of their own games. Ageod's first emphasis is placed on historical strategy games with original and innovative features.

About Strategy First

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 and Jagged Alliance series of games, which are both 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", "Europa Universalis", and "Galactic Civilizations." Recent offerings include top releases such as "S.C.S. - Dangerous Waters" and "Disney's Aladdin Chess Adventures." 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 Strategy First Inc., a leading developer and worldwide publisher of entertainment software for the PC, as well as a stake in Magnolia Broadband, a fab-less semiconductor company and innovator of radio frequency (RF) solutions for the cellular industry. www.silverstarholdings.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.

For more information please contact:
Jasmine Goyer
Public Relation Coordinator
Strategy First
jgoyer@strategyfirst.com
514-844-3040 ext.240