Strategy First Signs Culpa Innata

Canada, MONTREAL, July 6th, 2007. - Software publisher Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (NASDAQ: SSTR), and developer Momentum AS are thrilled to announce the signing of the 3D Adventure title, "Culpa Innata."

Burak Barmanbek, Co-Founder & Executive Producer, Momentum A.S., said; "We are trying to take adventure gaming to a new level, with an adult script, fully realized game world and re-playable player centered gameplay. Finding the right partner is key to getting our visions into gamer's hands. Everyone on the team is thrilled to be working with Strategy First, who shares our belief that this is a unique opportunity to engage gamers on a deeper emotional level, while never forgetting that at its heart - a game must be about the player and fun."

"We're delighted to be working with Momentum Games on this exciting new title. With its gripping and constantly changing story line, beautifully rendered artwork and engaging game play, we know we have signed one of the most polished adventure titles in quite some time," said Stewart Braybrook, Strategy First's Director of Operations.

About Culpa Innata

A World Union citizen is murdered in Russia, one of the few remaining Rogue States. This murder oddly coincides with the accidental death of a prominent professor in Adrianopolis, an important border town between the World Union and Russia. Peace Officer Phoenix Wallis is assigned to lead the investigation of the murder. Still young and inexperienced, she will soon make discoveries beyond her wildest imagination, as skilled hackers and subversive characters begin taking an inexplicable interest in Phoenix. Her investigation reveals enigmatic clues that lead her deeper and deeper into a mystery that challenges not only her case, but her very beliefs in the worldview she has sworn to protect.

This story-driven, third person game uses a 3D engine with dynamic cameras and other technologies developed by Momentum AS. Their remarkable patented facial animation technology is put to excellent use, as the game features over fifty personable characters that you'll frequently engage in dialogue throughout your investigation. Using the classic mouse in a point and click interface, players have responded enthusiastically to the intuitive and responsive control. The game features a wide variety of organic obstacles ranging from logic puzzles to hi-tech gadget manipulation to dialogue and inventory challenges.

Features

Original, complex story with a detailed history in a fully realized game world

Environments and characters rendered in 3D with dynamic camera implementation

Cinematics rendered with in-game engine for seamless graphics integration

Click and go character control; user friendly mouse-driven interface

Over 50 interactive characters, each created with Momentum-patented 3D facial animation technology

Intuitive dialogue system with player choice and branching conversation paths

Non-linearity and optional player activities offer rewarding replay-ability

Character journal capturing all key game moments

More than 40 unique locations

Diverse range of integrated challenges, from standalone logic puzzles to hi-tech gadgetry to inventory and dialogue obstacles

Original soundtrack

With its heavy emphasis on story and characters, all in a fully realized game world rendered in 3D, Culpa Innata promises to take gamers into tomorrow and on the adventure they've been waiting for. Your journey begins at: http://www.culpainnata.com

About Momentum

Momentum AS is a privately-held company founded in 1998 in Istanbul, Turkey. Momentum AS has recently been awarded a 15-year license to operate in the only technology free-trade zone in Turkey. The company conducts research and develops novel products to address the needs of a wide range of current and future digital media applications. There is also a substantial in-house expertise in the general areas of digital signal, image and video processing. The company work force currently consists of 13 highly skilled engineers, computer scientists, and graphics designers. The R&D efforts are lead by 3 shareholders all holding PhD degrees in electrical engineering and having a combined number of 20 US patents and 100 technical publications, and an Emmy award for significant contributions to the US digital TV standard. Momentum's mission is to identify and develop core technologies to create novel solutions in the digital entertainment, communications, and education fields worldwide. www.momentum-dmt.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.