SOURCE: Artfest International, Inc.

March 26, 2008 09:00 ET

Artfest Announces Annual Meeting of the Shareholders and "Creating Wealth Through Art" Seminar

DALLAS, TX--(Marketwire - March 26, 2008) - Artfest International, Inc., (OTCBB: ARTI) is pleased to announce its new Artfest International Trade Show, featuring Art Channel Galleries' "Creating Wealth Through Art" seminar (www.artchannelgalleries.com). This event is open to the public and will be held at Artfest's corporate headquarters located at the Madison Building at 15851 Dallas Parkway in Addison, Texas.

The weekend will kick off on Friday, March 28th at 2:00pm CST with the Annual Meeting of the Shareholders followed by a tour of the Company's facilities. This meeting of the shareholders is a closed meeting and will be open to those Artfest shareholders of record as of February 20, 2008.

The "Creating Wealth Through Art" seminar is open to the public and will feature Art Channel Galleries and Artfest Charities, which include such charities as International Gift of Hope, Clothe A Child, Community Council of Greater Dallas, and Resource Center of Dallas, to name a few. The event will also include personal appearances of some of Art Channel Galleries' featured celebrity artists.

"This first trade show will be the launching pad for Artfest's year long trade show presented each 3rd weekend of the month in Addison, TX," comments Shirley Casavant, Artfest's VP of Member Relations.

"These 'Creating Wealth Through Art' seminars will educate and empower people who want to become members of Art Channel Galleries and Art Resellers," explains Edward Vakser, CEO of Art Fest International.

All are invited to attend and participate in the trade show, which schedule of events is as follows:

Saturday, March 29, 2008

9am - 11am     Media Interviews with Artfest Artists and Charities

11am - 12pm    Preview Art Channel Galleries' Artists and Live Painting by
               Featured Artist, Ginger Cook, followed by a Meet and Greet
               Ginger Cook for her autograph session.

12pm - 1pm     Lunch is served

1pm - 2pm      Chairman/CEO Address and Featured Guest Speakers, including
               the following announcements:

               -- American Artist

               -- "Artfest Idol" Competition

               -- The Roman Collection MMVIII -- Art Meets Emeralds

               -- The Roman Emeralds Contest

               -- First Sell-Out Celebration featuring Renowned Artist,
                  Bob Munro

               -- Artfest Goes Hawaiian Promotion

               -- Other Artfest Announcements

2pm - 3pm      "Creating Wealth Through Art Seminar" with Art Channel
               Galleries.

3pm - 4pm      Artfest Charity Event and Auction benefiting International
               Gift of Hope, Clothe a Child, Community Council of Greater
               Dallas, Our Father's House Recovery, Area Agency on Aging,
               Lost Girls of Sudan, and Resource Center of Dallas

4pm - 4:30pm   Entertainment, Live Painting with Art Channel's Celebrity
               Artist Nenad Merkovich

4:30 - 7pm     Cocktail Reception Honoring Stockholders and Founding
               Members (All Members and Guests Invited) -- Guest Speakers,
               New Video Releases, "Creating Wealth Through Art" and Door
               Prizes

Art Channel Galleries is a very unique social direct sales network that features an incredible business opportunity for Members through art and collectibles, including sports memorabilia. The proprietary software system enables Members to set up their own fine art and collectibles business with minimal effort. Upon joining, Members have access to a personalized automated website, self-replicating galleries and a simplified authenticated delivery system so they can begin to buy, sell, and trade art. In addition, the software provides sales training and presentations for Members to familiarize themselves with sales techniques and processes.

About Artfest International Inc.

Artfest International, Inc is a publicly traded company under the symbol "ARTI". Artfest connects artists, investors, decorators, designers and private collectors and galleries. Artfest (www.artfestinternational.com) and www.MyArtfest.com, is the company's E-Commerce venue. Artfest owns the subsidiaries 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 the direct-sales industry (DSA).

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.

Contact Information

  • For More Information, Contact:
    Artfest International Inc.
    Jacob Cohen
    15851 Dallas Parkway, Suite 225
    Addison, TX 75001 USA
    Tel: 877.278.6672
    jcohen@artfestinternational.com