Artfest International, Inc (fka ARTS)

[chris_in_ny]

ARTFEST INTERNATIONAL UNVEILS WEBSITE REDESIGN! - 06/04/2009

http://www.artfestinternational.com/

Take a look folks, the entire site has been redesigned. Very Very attractive now - this looks like a company now positioning themselves to significantly increase the scope of their business...

Edward to me this in his last email...

"Thank you, we are about to announce a few new updates. I do appreciate your support, and on a personal level, I really DO Know that you WILL NOT be disappointed."

Looks like things are moving along quite nicely behind the scenes... The CSD deal should be closed and PR'd any day now, we should receive an update via PR on the success of the covention ARTI attended (which ends today) as early as tomorrow or next week, and now we're seeing rumors about a possible deal with HGTV? This looks VERY good to me now!

From the NEW website:

Letter from the CEO
Posted on:
http://www.artfestinternational.com/index.php/about-artfest

ARTFEST INTERNATIONAL, INC.
Artfest Expo Center
13342 Midway Road, Suite 250
Dallas, TX 75244
Phone: [phone] ~ Fax: [phone]
[e-mail] This e-mail address is being protected from spambots. You need JavaScript enabled to view it


Dear Friends and Shareholders,

Artfest is quickly becoming a substantial art, memorabilia and collectables company.

Today’s technology and economic climate has created a great opportunity for Artfest to achieve its Global objective: To change the way people buy and collect art and memorabilia.” This objective will be achieved through a host of strategic acquisitions, as well as proprietary technology development.

I am frequently being asked as to what kind of a company Artfest is. The answer may surprise many: We are a technology and media company. Our product is really intellectual property that encompasses our software, artists’ Contracts, athletes’ and professional sports teams’ licensing rights. Our technology is the core of our product management, authentication and distribution. In a world where everything is becoming wireless and electronic, it is only a natural process for Artfest to have its own, very unique, wireless radio frequency identification (RFID) chip technology and management software.

Many may not realize the impact of what Artfest has created. Much like what Microsoft did for the software world, Artfest has created a NEW standard and protocol for art and memorabilia tracking and authentication. Many cell phones already have the ability to “read” an RFID chip. Our technology will allow anyone to scan a painting or a collectable product with their personal digital assistant (PDA) or a cell phone and immediately know the history and provenance of the item. In a world where as many as 70% of collectables are counterfeit (according to FBI), Artfest will protect both the consumer, who is buying the product, as well as the creator.

The impact on the market will be tremendous. Artfest is already in negotiations with insurance companies, underwriters and retailers. This technology is not only a great inventory control tool, but also a great market maker. Where else can you track and see the progression of buy and sell prices for art and memorabilia? So indeed, Artfest is creating a verifiable and quantifiable trading platform.

Artfest recently opened its first Expo center. This will serve as both an events center and a retail location for all of Artfest’s products. We are open seven days per week and host meetings for our members and charity events. Any one interested in visiting us, can call and arrange a tour of our facility with our member relations team, headed by Shirley Casavant at 877-278-6672. Artfest is planning to open two more centers this year, one on the Country’s East Coast and one on the West Coast.

Artfest is now a revenue generating company; we are achieving our goals and revenue targets (Our Q1 2009 Financials can be viewed on our Website and Yahoo Finance). We have negotiated with most of our Note holders to exchange our debt for common stock at an average price of $0.10 to $0.15 cents per share.

Artfest is currently in a merger and acquisition mode. We have identified several companies and expect to complete the first transaction this Quarter. Finally, the great faith we have always had in our Company is coming to fruition.

If you have further questions concerning our accomplishments or future plans, please feel free to contact us.

Sincerely,


Edward Vakser
Chairman and CEO
Artfest International, Inc.

News Releases:
NEW ONE HERE-----> Income Statement
Posted on:
http://finance.yahoo.com/q/is?s=arti.ob

Television Distribution and Art Channel Affiliates
Posted On:
http://www.artfestinternational.com/index.php/tv-distribution

The new television show "Artfest Presents" reaches 20 million potential homes with one of the fastest growing broadcast networks in the industry, delivering the show to viewers through Art Channel's affiliated broadcast stations and cable stations. "Artfest Presents" features the Art Channel artists and programming that is useful, informative, entertaining, and distinctive. Check the distribution list link to find Artfest programming in your local area. You won't want to miss the shows!