Silver Star Foods, Inc. Contracts Douglas Sales Associates, Inc., as Lead Merchandising Food Broker, of Its Frozen Pasta Products, for the New York Metropolitan Area.

Business Editors

LINDEN, N.J.--(BUSINESS WIRE)--Dec. 3, 2002

Silver Star Foods, Inc. (OTCBB:SSTF) is proud to announce it has entered into a broker agreement with Douglas Sales Associates, Inc. of Piscataway, N.J.

Douglas Sales Associates, Inc., a merchandising food broker with over 40 years of successfully serving the tri-state area, has been selected and contracted as the lead New York Metropolitan Area broker for Silver Star frozen food products. Michael Trotta, CEO of Silver Star Foods, Inc., congratulates Douglas Sales Associates on their recently awarded "Blue Penguin Award" from the EFFA (Eastern Frozen Food Association), for their creativity in marketing of a very popular food product. Mr. Trotta further commented, "This is a significant event for Silver Star Foods, Inc. Their firm will give our products the recognition and respect in the market place, our quality products deserve."

Currently, Silver Star frozen pasta products are available at Key Food Stores in the tri-state area.

About SSTF:

The Silver Star name is one of the New York area's oldest and most renowned brand names in the frozen pasta industry. Silver Star Foods, Inc., is a distributor and wholesaler of stuffed and other frozen pasta products. The Company is currently focused on expanding its business horizons and has formed Silver Star Media Group, Inc. to pursue business ventures involved in the media industry. The Company is also aggressively seeking additional business opportunities across a wide spectrum of possibilities.

Safe Harbor Disclosure:

This release contains certain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Those statements can be identified by the use of terminology such as "may," "will," "should," "could," "expects," "plans," and "intends." The Company's actual results may differ materially from those projected in these statements, and factors that could cause such differences include: downturns in economies; changes in consumer purchasing habits; changes in consumer eating habits; changes in consumer reading, purchasing or television viewing; unanticipated increases in paper, postage or printing costs; technology differences affecting methods of distribution such as the Internet; and operational problems at any of our contractual business partners. Additional future events and the future performance of the Company involve risks and uncertainties that could cause actual results to differ materially. These risks are described in further detail in the Company's reports filed with the Securities and Exchange Commission, accessible through their website at www.sec.gov. The Company is under no obligation to update any forward-looking statements after the date of this release.