SOURCE: Artfest International, Inc.

July 09, 2008 09:00 ET

Artfest International and Romanho Company Bring Art From the East

Announcing Moscow at the Palomar

DALLAS, TX--(Marketwire - July 9, 2008) - Artfest International, Inc. (OTCBB: ARTI) -- Artfest is bringing to the USA art community a once in a lifetime exclusive opportunity to appreciate international Russian art that has never been shown in exhibition this side of the iron curtain. The world class Hotel Palomar Dallas will be the venue for the Russian Masters auction with eleven internationally acclaimed artistic talents unveiling their works through Artfest for the first time in the United States.

Romanho Company in partnership with Hotel Palomar is hosting an exclusive one night showing and auction, "Moscow at the Palomar," on July 31st, 2008 from 6 PM to 9 PM. Go to www.romanho.us to RSVP. Artfest International and Hotel Palomar are sponsoring the event, which will benefit several charities, including DIFFA. Moscow meets Dallas with the unveiling of Dmitry Sandjiev and ten other celebrated Russian Masters for the first time in the United States.

For information to attend the exhibition and auction contact 1-877-278-6672. RSVP to the organizers of the event by calling the number above. Or you can email your information and interest to: marketing@artfestinternational.com, attn: Russian Masters. Viewing and other Artfest International works available on the 31st of July on the Gala Evening. If you wish to see the entire collection visit www.romanho.us.

In addition, preview parties are scheduled five days in advance of the "Moscow at the Palomar" which will be held at the gallery next to the entrance of the Hotel Palomar. Each evening will feature and benefit a different charity starting Saturday, July the 26th - the 31st at the Hotel Palomar, 5300 East Mockingbird Lane, Dallas, TX 75206. See you any evening or the 31st at the Gala and auction in the Hotel Palomar.

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 (www.ArtChannelGalleries.com), offering the most exciting product and rewards program in the history of the direct-sales industry (DSA).

©2007 - 2008 Artfest International, Inc. All rights reserved. Stock Symbol: ARTI

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.

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