Strategy First releases screenshots for tank arcade "Panzer Killer!"

News Flash!

Montreal, Canada. August 7th, 2007. Please find attached screenshots for“Panzer Killer!” Published by Strategy First Inc., a subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), and developed by Digital Fusion Inc, the WWII tank arcade is set to launch in September, 2007, at the suggested retail price of $19.99.

About Panzer Killer!

As the Allied forces broke out of the Normandy beaches and the battle for France began, American tank crews soon realized what they were up against. To their dismay and horror, the American Sherman tank-crews quickly found out how inadequate and inferior their tanks were, especially against Germany's late model tanks. The Americans were out-gunned and out-armored by the far superior German tanks. The only thing the American tanks had going, was that they were faster, more maneuverable and far more reliable. The Allies had a greater number of tanks, better artillery and air superiority. German columns were constantly harassed from the air as American Thunderbolts and British Typhoons rained horror upon them.

In Panzer Killer! players fight everything in the German arsenal including the most notorious and lethal tanks such as Tigers and Panthers. Battle through over 50 missions in a fast paced arcade-style shooter! Drive and fight rival tanks, destroy enemy positions and engage in ferocious firefights.

Key Features

• Arcade-style shooter in historically accurate settings

• Easy-to-use game controls gets you right into the action

• Day and night fighting in different weather conditions

• Unique and accurate characteristics for each tank and vehicle (blue print precise), with realistic physics and motions

• Drive and fight with Sherman's, Pershing's, half-tracks and jeeps as well as captured enemy tanks

• Call in air support to take out enemy targets

• Realistic battle sounds and special effects

• Exhilarating variety of missions and combat situations

• Different types of ammo with different effects depending on the target

• Over 50 action-packed missions

• Realistic battle sounds and special effects, with dimensional sound effects for distance and battlefield depth.

Panzer Killer! is rated T for Teen by ESRB. For more information on Panzer Killer! please visit: http://www.strategyfirst.com/en/games/PanzerKiller

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 Digital Fusion Inc

Digital Fusion Inc (DFI) is a premier developer of computer games and entertainment software. Founded by Pepe Moreno in 1993, DFI is based in Los Angeles, CA. DFI is a dynamic and innovative company producing fresh alternatives in game dynamic, theme, and form. Digital Fusion is main stream with more than twenty years of experience in all forms of content-based, traditional entertainment media, plus extensive and pioneering experience in CD-ROM games. From one of the first CR-ROM games ever (Hell Cab) to mega hits like BeachHead 2000, DFI has the ability, technology, and experience, combined with creative finesse and the taste to transcend traditional game criteria and genres.

About Silverstar Holdings

SilverstarHoldings 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.

Jasmine Goyer

PR&Marketing Coordinator

Strategy First Inc.

jgoyer@strategyfirst.com

514- 844-3040 ext.240


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