Strategy First Titles to be Ported to the Nintendo DS

Montreal, Canada. June 14, 2005 – Software publisher Strategy First, Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), and Pocket PC Studios are happy to announce a new contractual relationship that will make Strategy First’s PC titles available on the Nintendo DS.

Our strategic partnership with Pocket PC Studios will allow Strategy First to enter an exciting new gaming market,” said Pro Sotos, Manager of Business Development at Strategy First, Inc. “I’m thrilled to have the chance to make both the Jagged Alliance and Disciples franchises available on the Nintendo DS platform. The Disciples franchise is very close to my heart, and I look forward to playing it on Nintendo’s newest handheld system,” said Sotos.

This is a fantastic opportunity for Pocket PC Studios and Strategy First to bring these phenomenal titles to the Nintendo DS platform,” said G.R. Moore, President and CEO of Pocket PC Studios. “We will utilize our expertise in bringing high profile desktop games to mobile devices to expand the Disciples and Jagged Alliance franchises onto the hottest handheld console since the Nintendo Gameboy.

Our agreement with Pocket PC Studios is further evidence of the excellent work being done to revitalize and expand Strategy First’s business. The expansion of our existing franchises onto the Nintendo DS platform marks a major step towards a broader diversification onto new hardware platforms” said Clive Kabatznik, CEO of Silverstar Holdings.

The Jagged Alliance and Disciples franchises will be the first Strategy First titles developed for the Nintendo DS platform. Watch for more news surrounding the games releases on the Strategy First website www.strategyfirst.com.

About Pocket PC Studios
Pocket PC Studios is a leading publisher and developer of interactive entertainment titles for the Windows Powered Pocket PC, Smartphone, Palm OS and Nintendo DS platforms. These titles include the highly regarded Warlords II – Pocket PC Edition, Warlords III Mobile and Europa Universalis II Mobile. Pocket PC Studios offers consumer software for Windows Powered Pocket PC, Smartphone, and Palm OS devices through their website: www.ppcstudios.com

About Strategy First
Strategy First, Inc. is a leading developer and worldwide publisher of entertainment software for the PC. Founded in 1990, the company has grown rapidly, publishing major games in the industry and simultaneously developing its own in-house titles such as “”O.R.B.”” and “”Disciples II.”” After winning numerous awards for games such as “”Disciples: Sacred Lands””, “”Kohan: Immortal Sovereigns””, “”Steel Beasts””, “”Galactic Civilizations””, and “”Jagged Alliance””, Strategy First continues to push the gaming envelope with its own groundbreaking titles, while maintaining its reputation as 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 Fantasy Sports, Inc., a dominant provider of fee-based NASCAR related and other fantasy sports games, 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