Investment in Medcenter

Blue Star Capital plc
17 June 2005


For immediate release                                              17 June 2005



                              BLUE STAR CAPITAL PLC
                         ('Blue Star' or 'the Company')

                      Investment in Medcenter Holdings Inc.

Blue Star Capital plc (AIM: BLU), the company created to provide seed capital
for early stage companies, is pleased to announce it has taken a minority stake
in Medcenter Holdings Inc. ('Medcenter'), a leading provider of e-marketing
intelligence and relationship marketing solutions to the pharmaceutical
industry.

Medcenter's clients include a number of the world's top five pharmaceutical
companies, in addition to other well-known multi-national pharmaceutical groups.

Medcenter focuses on improving communication between the pharmaceutical industry
and the medical community with emphasis on increasing the knowledge of
physicians and clinicians about the use of pharmaceutical products and about
treatments and disease management.

Medcenter's solutions comprise programs that augment the marketing activities of
pharmaceutical companies by making intensive use of business intelligence,
allowing pharmaceutical companies to reach hundreds of thousands of physicians,
one at a time in a highly targeted manner.

Medcenter is chaired by Michael Fitzgerald who was co-founder and chairman of
Gemini Genomics plc, prior to its merger with Sequenom Inc.  Michael is also
co-founder and chairman of Block Shield Corporation plc.

Medcenter operates in more than 10 countries in Latin America, and has
subsidiaries in Brazil, Argentina, Mexico and Australia.

Blue Star is investing $462,000 in Medcenter, a private company, in return for a
minority stake.

                                      ENDS

For further information:

Blue Star Capital plc                                     Tel: [phone]
Nigel Robertson, Chairman
Haresh Kanabar, Chief Executive

Panmure Gordon & Co                                       Tel: [phone]
Jonathan Retter
Katherine Roe

Buchanan Communications                                   Tel: [phone]
Mark Court
Elly Williamson


Notes for editors

About Blue Star Capital plc

Blue Star Capital plc was formed in 2004 as a vehicle to provide initial seed
capital for the development of early stage companies. The Company joined the AIM
market of the London Stock Exchange, under the ticker symbol BLU, in October
2004 and has since made significant investments in four newly formed companies:
India Outsourcing Services plc, Black Raven Properties plc, Gordian plc and
Gasol plc. All of these companies have been admitted to the AIM market and
highlight the Company's strategy of making investments across a variety of
sectors.

Blue Star has a highly capable Board, led by Executive Chairman Nigel Robertson,
with significant experience of identifying, evaluating and securing business
opportunities and of forming, funding and floating companies.

Blue Star intends to achieve capital appreciation from a portfolio of quoted and
unquoted investments in businesses that offer strong growth prospects and a
defined timeframe to exit.




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