SGYI Strategy International Insurance Group Inc (CE)

Strategy International Insurance Group, Inc. (OTCBB:SGYI), which through a wholly-owned subsidiary, is a provider of specialty lines of insurance, reinsurance and structured risk underwriting focusing on credit risk and credit enhancement, announced today that the company has signed a binding letter of intent with Nexxus One Holding, Ltd. who will provide $100 million in new capital for Strategy by January 31, 2006. Under the terms of the letter, in exchange for 103,000,000 million of Strategy's common stock, Nexxus One will increase the underwriting capacity of Strategy by delivering $100 million in the form of an investment grade NAIC equity admissible bond. The asset securing this offer is a five year 5.5% Global Note of a diversified portfolio of AA/AAA rated municipal bonds. Strategy and Nexxus agree to use their best efforts to complete the transaction in a timely manner. Brokering this transaction is RS Group of Companies, Inc. (OTCBB:RSGC), a provider of pass-through risk specialty insurance and reinsurance products, which has recently announced it would merge into Strategy. "At Nexxus, we look to invest in companies with strong growth potential and market presence. We believe in Strategy's capacity to grow in the insurance industry, and we anticipate that this transaction will augment that ability in the coming year," said A. Hartmann, Director of Capital Markets & Treasury Solutions of Nexxus One Holding, Ltd. "We are pleased to have been able to work with Nexxus to negotiate an infusion of new capital to Strategy. Today's announcement will provide Strategy with additional underwriting capital necessary for the Company to pursue its business plan for 2006," said Stephen Stonhill, President and CEO of Strategy International Insurance Group, Inc. "As a soon to be merged company with Strategy, we are pleased to participate in brokering this transaction. We believe a finalization of this deal can only benefit the newly merged companies," said John Hamilton, Chairman and CEO of RS Group of Companies, Inc. About Strategy International Insurance Group, Inc. Strategy International Insurance Group, Inc., (http://www.sgyi.com) a Texas corporation is a publicly traded holding company for a group of financial service companies that are located throughout the world. Strategy Holding Company Limited, a wholly-owned subsidiary is the parent company for a group of insurance related organizations whose operating subsidiaries include Strategy Insurance Limited of Barbados, Strategy Insurance (Canada) Limited and Strategy Underwriting Agency Limited. Strategy Holding Company Limited owns all of the insurance operations of which the key operating insurance company is Strategy Insurance Limited. Strategy Insurance Limited was incorporated in Barbados on December 23, 2003 and was granted a license under the Barbados Exempt Insurance Act on March 25, 2004. Strategy Insurance Limited is Strategy International Insurance Group, Inc.'s key operating insurance company. About RS Group of Companies, Inc. RS Group of Companies, Inc. (http://www.rsgc.com) has developed and is implementing a strategy to design, structure and sell a broad series of pass-through risk specialty insurance and reinsurance platforms throughout North America. The company is structured as a holding company for an integrated group of businesses that operates in four distinct operating segments: residential rental services, timeshare affinity program, financial guarantee, and specialty insurance brokerage. Current offerings include RentShield(R) (http://www.rentshield.com), a Residential Rental Services Program being offered to North America's $300 billion residential real estate rental market, and Value Guaranteed Vacations, Inc.'s timeshare affinity program, VGV(TM) Program (http://www.vgvinc.com). About Nexxus One Capital Trust Nexxus One Capital Trust of Switzerland, A.G. is a global financial services firm specializing in the capitalization of public companies worldwide through direct equity investments using innovative structures normally available only to large multi-nationals. Nexxus One aggressively seeks new investment opportunities and invites interested public companies to visit its website, www.nexxusone.com, or contact, A. Hartmann, Director of Capital Markets & Treasury Solutions of Nexxus One Holding, Ltd. through their North American offices at 1-702-562-4020. Forward-Looking Statement Statements in this press release which are not historical in nature are intended to be forward-looking statements made in reliance on the "safe harbor" of the Securities Exchange Act of 1934. The Company cautions that forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such statements. When used in this press release, words including "anticipate", "believe", "estimate", "expect", "intend", "will", "could", "may" and similar expressions, as they relate to the Company or the Company's management identify forward- looking statements. Such forward-looking statements are based on the beliefs of, as well as assumptions made by and information currently available to, the Company. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, domestic and international business, economic and political conditions and developments, competitive factors, pricing pressures, capacity and factors affecting the insurance industry. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake any obligation to update or revise any forward-looking statement. RS Group of Companies, Inc. (OTC Bulletin Board:RSGC) Strategy International Insurance Group, Inc. (OTC Bulletin Board:SGYI)