SGYI Strategy International Insurance Group Inc (CE)

Strategy International Insurance Group, Inc. (OTCBB:SGYI), through its wholly owned subsidiary, Strategy Holding Company Limited, through its wholly owned subsidiary, Strategy Insurance Limited, a provider of specialty lines of insurance, reinsurance and structured risk underwriting focusing on credit risk and credit enhancement, announced today that it has been retained by Value Guaranteed Vacations Inc. (VGV Inc.) as the exclusive insurer for VGV Inc.'s affinity program, the VGV(TM) Program. VGV Inc. introduced its innovative affinity program to the North American timeshare industry in April 2004. As one of its many benefits, the VGV(TM) Program includes a buy-back option which allows timeshare owners to re-sell their timeshare interest to VGV Inc. at the end of 10, 15 or 20 years for up to 95% of the initial purchase price. As the exclusive underwriter for the VGV(TM) Program, Strategy Insurance Limited estimates that it will generate $50 Million in premium income in the 2006 calendar year. Commenting on the announcement, Stephen Stonhill, Chairman of Strategy International Insurance Group, Inc. stated, "Strategy Insurance Limited is exceptionally pleased to underwrite the VGV(TM) Program, which has already been very successful with major timeshare developers, and is confident that this momentum will continue in the coming year." About Strategy International Insurance Group, Inc. Strategy Insurance Limited ("Strategy"), a Barbados-formed and licensed provider of specialty lines of insurance, reinsurance and structured risk underwriting, focusing on credit risk and credit enhancement, is a wholly-owned subsidiary of Strategy Holding Company Limited, a Barbados company which is itself a wholly-owned subsidiary of Strategy International Insurance Group, Inc. (OTCBB:SGYI). Strategy conducts its insurance and reinsurance operations principally through its subsidiary incorporated in Barbados, West Indies. Strategy has offices in Barbados, London and Toronto. As of January 31, 2005, Strategy international had approximately $158 million of assets on its balance sheet which gives the company the ability to write gross premiums in excess of $300 million while maintaining a conservative writings to assets ratio. About Value Guaranteed Vacations Inc. Value Guaranteed Vacations Inc. (VGV Inc.), a wholly-owned subsidiary of RS Group of Companies, Inc. (OTCBB:RSGC) offers an affinity program that provides, as one of its benefits, a put option which gives timeshare owners who become VGV(TM) Program members the right to sell their timeshare interest, excluding VGV(TM) Program membership fees and applicable taxes. This non-transferable timeshare interest put option provides a ready-buyer should a timeshare owner wish to sell his or her timeshare interest. VGV Inc.'s purchase obligations are backed by, among other things, insurance, which may be provided by affiliates of VGV Inc. The VGV(TM) Program also offers timeshare owners who become members other benefits, such as a no-fee credit card and travel related discounts. This membership program is in the process of being marketed to large timeshare developers and promoters who will, in turn, offer the program to existing and prospective timeshare owners. Forward-Looking Statement Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "Forward Looking Statements" for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward Looking Statements may be identified by words including "anticipate", "await", envision", "foresee", "aim at", "believe", "intends", estimates" including without limitation, those relating to the company's future business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. Strategy International Insurance Group, Inc. (OTC Bulletin Board:SGYI)