Silverstar's Empire Interactive Announces FlatOut Ultimate Carnage for PC

New Release of the Award-Winning Franchise Planned for June 2008


BOCA RATON, Fla., Feb. 1, 2008 (PRIME NEWSWIRE) -- Empire Interactive, a wholly owned subsidiary of Silverstar Holdings (Nasdaq:SSTR), announced the PC-DVD ROM version of the best selling arcade racer "FlatOut Ultimate Carnage" is being prepared for a June 2008 worldwide release.

The FlatOut series has enjoyed worldwide success across multiple formats, selling more than 2 million copies and winning numerous awards, including FlatOut II named Xbox(r) "Best Racing Game of 2006". FlatOut Ultimate Carnage for Xbox 360(tm) was released to critical acclaim in June 2007. The next installment in the FlatOut franchise, FlatOut Head On for the Sony PSP, is due for release on March 14, 2008. And now, the award-winning Finnish creator of FlatOut, Bugbear Entertainment, is developing FlatOut Ultimate Carnage for PC.

While simulation racers have traditionally found their home on PCs, FlatOut Ultimate Carnage blurs the line between arcade and simulation. PC gamers can have a "deathproof" experience with Carnage gameplay modes and enhanced graphics that rival the Xbox 360 version. Multiplayer online provides wheel-to-wheel action as opponents try to fishtail other cars and get across the finish line in a "no holds barred" extreme driving smash fest.

"Research suggests that arcade racers are becoming ever more popular on the PC, with the Xbox 360 controller providing the perfect way to enjoy the genre," said Ian Higgins, CEO of Empire Interactive. "Ultimate Carnage is an entirely new prospect for PC, and we're excited to be bringing FlatOut's unique gameplay experience to PC gamers everywhere."

Clive Kabatznik, CEO of Silverstar Holdings said, "The FlatOut series has been a global success story for Empire. With more than 2 million unit sales globally, the FlatOut franchise is an important part of our game portfolio and we are confident FlatOut Ultimate Carnage for PC will add to our ongoing success and bring new fans to the title."

Jussi Laakkonen, business development director of Bugbear Entertainment, noted, "Since announcing the Xbox 360 release we've witnessed fanatical anticipation and demand for FlatOut Ultimate Carnage on PC. It gives us great pleasure to bring this mayhem to the PC, for which FlatOut fans across the globe have long been clamouring!"

About Bugbear Entertainment

Bugbear Entertainment Ltd. is an award-winning Finnish game developer of action driving games. The company's worldwide blockbuster hit is the FlatOut franchise with over 2 million units sold. The company's other past games include Rally Trophy (PC, 2001), Tough Trucks (PC, 2003) and Glimmerati (N-Gage, 2005). In 2007 Bugbear released the highly acclaimed FlatOut Ultimate Carnage for Xbox 360 and Sega Rally for PlayStation Portable. The company is currently working on FlatOut Ultimate Carnage for PC and other unannounced projects. For more information please go to www.bugbeargames.com.

About Empire Interactive

Empire Interactive is a leading publisher of interactive entertainment software that has been established for over 20 years. Headquartered in the UK, Empire Interactive also has offices in the U.S., Germany, Italy, France and Spain. The company develops and publishes a varied range of titles for all current platforms in the U.S., Europe and Asia. Games such as Starsky & Hutch, Big Mutha Truckers, Ford Racing and FlatOut have all enjoyed success across the world. Its budget label, Xplosiv (http://www.xplosiv.net), is one of the fastest growing in Europe. For more information about Empire Interactive and its products, go to www.empireinteractive.com.

The Empire Interactive logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3408

About Silverstar Holdings

Silverstar Holdings Ltd. is a leading international publisher and developer of interactive entertainment software. It currently owns Empire Interactive, PLC and Strategy First, Inc., a leading development and worldwide publisher of entertainment software for the PC. For more information about Silverstar Holdings visit www.silverstarholdings.com.



            

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