LONG BEACH, NY — (Marketwire) — 09/02/11 — TC Eco Solution Inc., a subsidiary of Starinvest Group Inc. (OTCBB: STIV) (PINKSHEETS: STIV) (OTCQX: STIV), announces a Joint Venture agreement with Winthrop University Hospital, Mineola, NY. TC Eco Solutions is pleased to announce a Joint Venture with the “Cancer Center for Kids” program run by Winthrop University Hospital — the “Cans for Kids” recycling program. The Joint Venture is a beneficial arrangement for TC Eco Solution Inc. and the Winthrop Hospital program. Consistent with the TC Eco Solution business model, to reduce cost to clients while benefiting the environment, will increase the TC Eco Solution Inc. customer base and visibility. The alignment with Winthrop University Hospital will expand TC Eco Solution–s current recycling effort, increase their revenue base and contribute to a very worthy cause. Tim Phillips, President, says: “I am excited with the arrangement for the commercial benefits, but equally satisfied with being a part of the –Cancer Center for Kids– Program. Our business model focused on capturing the volume of recycles from the tri state area is taking form. The increased visibility from our new joint venture will have a positive benefit on our future marketing effort.”
Starinvest Group Inc. is a publicly traded company on the OTC market, with a new management team in place. The focus is to develop a back to basic cash flow from recurring revenue investments; i.e., T.C Eco Solutions Inc., LIB&S Inc., and Regal Barrington Consulting Group, with an eye towards future ventures focused on growth and / or income. Management believes combining basic cash flow business with investments in young promising companies can yield an attractive total return concept for STIV investors.
This release may include forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2010 and beyond could differ materially from the Company–s current expectations.
Forward-looking statements are identified by words such as “anticipates,” “projects,” “expects,” “plans,” “intends,” “believes,” “estimates,” “targets,” and other similar expressions that indicate trends and future events.
Factors that could cause the Company–s results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company–s products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company–s control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of the STIV initiative and other cost-containment strategies, and the Company–s success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company–s filing with The Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2010. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.
Ron Moschetta
Office 516 889-8900
Fax 516 889-8913