Space Empires V Demo Available for Download!!

Montreal, Canada. September 18, 2006. -- Publisher Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), and Developer Malfador Machinations, are pleased to announce that the Space Empires V demo is now available for download!

The Space Empires V demo comes with a full tutorial, and 100 turn single player game with hours of game play. Gamers who want to try the new Space Empires V can download the demo at: http://www.strategyfirst.ca/downloads/demos/SE5_Demo_v100_091106.exe

Space Empires developer Aaron Hall says, “It’s great to finally be getting the demo out the door! We’re excited to hear fan feedback and improve the game even more. This demo is just a small taste of the full game which includes 14 full empires, 10 neutral empires, and even more technologies”.

“The next game in a legendary series is soon to be released. I am very excited to announce the Space Empires V demo. This 100 turn single player demo should wet fans pallet for the fest to come this October”, says Brock Beaubien, Producer at Strategy First.

About Space Empires V

Space Empires V is the new edition in the Space Empires series. This new chapter’s completely updated UI takes the player into a real-time rendered 3D universe. Watch space battles played out with incredible detail and realistic effects. Expand, Explore, Exploit, and Exterminate in a huge living and breathing galaxy. New features abound, with political alliances between multiple empires, top-down ship design systems, hexagonal movement grids, and much more. Space Empires V boldly takes the next step in the space strategy genre.

About Malfador Machinations

Malfador Machinations, founded in 1995, is a noted developer of PC strategy games. Its previous titles include “Space Empires Series”, and “Dungeon Odyssey”. Malfador Machinations’ is based out of Santa Rosa, CA. www.malfador.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 “S.C.S. – Dangerous Waters™”. 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 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