Star Resorts Sponsors 1st South American Hotel & Tourism Investment Conference

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Wed Aug 27, 2008 9:00am EDT

MIAMI--(Business Wire)--
Star Resorts Development, Inc., (the "Company") (OTCBB: SRDP), is
a publicly traded U.S. company with headquarters in Miami, Florida.
Star Resorts is focused on emerging growth property markets and aims
to secure and develop a portfolio of real estate projects in
association with proven high-end developers.

   The Company is currently involved in multiple projects in
Argentina, South America, and is seeking to continue investing at the
early stage of promising projects in undervalued markets or
"opportunity" locations with the goal of maximizing its equity stake
and increasing its return on investment. Star Resorts Development
trades on the NASD OTC BB under the ticker symbol: "SRDP."

   1st South American Hotel & Tourism Investment Conference

   For the first time in South America, the most influential players
of the hotel investment industry will meet for two days, September
29th and 30th, at the Hilton Hotel in Buenos Aires for the "1st South
American Hotel & Tourism Investment Conference." This Conference is
happening for the first time due to the current increase in interest
that South America and Argentina have brought forth to the global
hotel and real estate industry investors. Star Resorts is proud to be
attending this Conference and to be included among the list of major
international players sponsoring the Conference including Starwood,
Hyatt, Hard Rock, Marriott, and Hilton.

   The Conference will play host to: regional and international
investors, hotel chain executives, public and private banks,
developers, franchise and operations companies, public and private
institutions, and hotel and tourism entrepreneurs. The Conference
plans to garner critical knowledge of hotel and tourism projects;
generate strong exchange among owners, investors, and suppliers; and
to facilitate networking between developers and financial resources.
(SOURCE: www.sahotelconference.com)

   With the continued development of Star Resorts' Puerto Madero,
Cerro Bayo, and Mendoza projects, all of which include luxury hotels,
resorts and/or spas, this conference will allow the company to meet
with the industry leaders and furthermore showcase its projects to the
attending investors from the USA, Europe, the Middle East and Asia.

   "This Conference shows that Argentina is quickly becoming a
desired investment choice for some of the world's largest corporate
players," said Alejandro Aparicio, President and CEO of Star Resorts.
"And for our company to have already discovered this and invested
early, proves that our vision and strategy are on the right track."

   Further Information

   Shareholders and prospective investors are encouraged to visit
Star Resorts Development website: www.star-resorts.net and download
Star Resorts Executive Summary. Please feel free to call investor
relations toll-free at 1-877-445-2244 to receive a full corporate
investor's package.

   On behalf of the Board

   Alejandro Aparicio

   Forward-Looking Statements

   Statements in this news release that are not historical facts are
forward-looking statements that are subject to risks and
uncertainties. Words such as "expects," "intends," "plans," "may,"
"could," "should," "anticipates," "likely," "believes" and words of
similar import also identify forward-looking statements.
Forward-looking statements are based on current facts and analyses and
other information that are based on forecasts of future results,
estimates of amounts not yet determined and assumptions of management,
including, but not limited to, the Company's belief that Star Resorts
Development can identify and successfully negotiate real estate
projects in prime "opportunity" locations in emerging markets. Actual
results may differ materially from those currently anticipated due to
a number of factors beyond the reasonable control of the Company.
Additional information on risks and other factors that may affect the
business and financial results of the Company can be found in filings
of the Company with the U.S. Securities and Exchange Commission.

Star Resorts Development
Alejandro Aparicio, President, 1-877-445-2244
ir@star-resorts.net
www.star-resorts.net

Copyright Business Wire 2008
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