Artfest International, Inc (fka ARTS)

[chris_in_ny]

ARTI up 19.35% on today's PR! Very good PR - setting us up for our CSD announcement in the next 7 trading days VERY NICELY

http://www.marketwire.com/press-release/Artfest-International-Inc-1007117.html

Jun 22, 2009 09:21 ETArtfest International, Inc. Launches Art Channel Television to Host Nationwide Teleconference and Open House for Financial CommunityHighlighted Links


MacReport Media Publishing


Artfest International, Inc.DALLAS, TX--(Marketwire - June 22, 2009) - Artfest International, Inc. (OTCBB: ARTI) is pleased to announce that the Company launched its Television Network, Art Channel Television. Artfest will be hosting an open house event for the financial community at their 52,000-square-foot Expo Center in Dallas, Texas on June 23, 2009 from 11 am EDT to 4 pm EDT. The Open House will give both shareholders and investors a chance to tour Artfest's facilities and meet some of the artists currently under contract by the Company. Artfest will also be holding informative seminars every hour on the hour, where executives from Artfest can discuss the Company's business philosophy and demonstrate its technologies that have the potential to change the art industry as a whole. The Artfest Expo Center is located at 13342 Midway Road, Suite 250, Dallas, TX 75244.

"Art Channel Television is a strategic acquisition that Artfest made in 2008. The focus is made on producing Film and Videos for Artfest Artists and Clients. The distribution and promotion is designed to educate the consumer about Artfest Artists and develop Intellectual properties around the Artists' Branding, their Designs and Products," stated Angie Tassan, Artfest CMO and original Founder of Art Channel Television. www.artchannel.tv

"Every artist and celebrity under an Artfest contract will be promoted via worldwide Television distribution. Our first major branding and product launch will feature Rhupert, an ostrich designed by the legendary artist D. Arthur. The 'Red Rhupert book' as well as the animated weekly programming will be followed by toys, games and interactive products to support Rhupert as a brand," stated Scott Tassan, Artfest Producer and also a founder of Art channel television.

"We are extremely happy with the development of our television division of the company. Owning a television component will enhance Artfest in market awareness for the company and will drive traffic to our other revenue producing subsidiaries. However, the fact that Art Channel is already producing revenues and gaining sponsors, is very encouraging, as it will add to our financial growth and profitability," stated Edward Vakser, CEO for Artfest.

Artfest International is also pleased to announce that the Company will also be hosting a nationwide teleconference, June 23, 2009 at 4:15 pm EDT, to update shareholders and the financial community on recent developments. During the nationwide teleconference, the Company will be discussing its plans to implement its RFID technology into the art and collectibles sector, the signing of new artists, the relationship with Delaney Equity Group, and the status of potential acquisition candidates, as well as its subsidiaries, Art Channel, Inc. and Art Channel Galleries, Inc.

The nationwide teleconference will be hosted and moderated by Marc Jablon, the CEO of Big Apple Consulting USA, Inc. The featured speakers will be Edward Vakser, CEO of Artfest International, and Angie Tassan, Chief Marketing Officer of Artfest International, Inc.

"The Open House and subsequent nationwide teleconference tomorrow is a great opportunity for Artfest International to show the financial community first hand the developments that the Company has achieved over the last few months," stated Edward Vakser, CEO of Artfest International, Inc.

There is expected to be a high demand for the call-in lines for this Nationwide Teleconference and space will be limited for both events. Please call [phone] today to receive further information about the open house as well as to reserve your space for the nationwide teleconference.

About Artfest International, Inc.

Artfest International, Inc. is a publicly traded Company under the stock symbol "ARTI." Artfest brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International's corporate site is www.artfestinternational.com. Artfest's subsidiaries are Art Channel, Inc. www.artchannel.tv, and Art Channel Galleries, Inc. www.ArtChannelGalleries.com, offering the most exciting product and rewards program in the history of direct sales marketing.

Safe Harbor Statement -- This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ARTI does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.