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Press Release - May 30, 2000

 

For Release: May 30, 2000

Contact: Bruce D. Stuart, President & CEO
Telephone: 310-470-9358
Fax: 310-470-9127
Website: www.cyberhotline.com and www.staruni.com
E-mail: webmaster@staruni.com

Staruni Corporation Filing of Form 10-SB Becomes Effective

LOS ANGELES--(BUSINESS WIRE)--May 30, 2000--Staruni Corp. (OTCBB:SRUN - news) announced that the ``General Form for Registration of Securities of Small Business Issuers Under the 1934 Act,'' also known as a Form 10-SB, filed with the Securities and Exchange Commission on March 22, 2000, became effective on May 22, 2000.

As a result, the common stock of Staruni is once again listed on the OTC BB, under the symbol ``SRUN.''

Amendments to National Association of Securities Dealers rules now require companies to report their current financial information to the SEC or banking or insurance regulators, in order to continue their quotations on the OTC BB.

This action also marks another step in the company's efforts to position itself for improved business opportunities, as it has made the effort to make its current financial information available to a wider audience of potential investors and regulators.

The full text of the registration statement as filed with the SEC can be viewed via the Internet at http://www.sec.gov, the SEC's official Web site, and also at a non-official site carrying EDGAR information, http://www.freeedgar.com.

Staruni provides Internet access and e-commerce solutions to both individual and business users.

Staruni is presently developing various e-commerce sites. They include officewarehouse.com, an online office supply store; igold.com, an online jewelry store; loveandmarriage.com, a wedding registry site; casinodirectory.com, a cyber guide to domestic and international gaming; and whattup.com, a ``Yahoo'' type portal.

The release herein may contain or identify forward-looking statements. These statements are based on a number of assumptions and estimates that are inherently subject to uncertainty and contingencies, many of which are beyond the control of the company and reflect future business decisions that are subject to change.

CONTACT:

STARUNI CORPORATION
Bruce Stuart, President
1642 Westwood Blvd.
Los Angeles, CA 90024
Telephone (310) 470-9358
Fax: (310) 470-9127