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