SOURCE: Artfest International, Inc.

March 13, 2008 10:58 ET

Artfest International Announces Company's First Limited Edition "SELL OUT"

DALLAS, TX--(Marketwire - March 13, 2008) - Artfest International, Inc. (OTCBB: ARTI) announced today its first limited edition sellout of "San Francisco Silent Oasis" by renowned artist Bob Munro.

"To have our first edition sell out is fantastic!" explains Harry Thompson, Artfest's Curator Advisory Board member. "This is great news for all of our artists because it demonstrates that our marketing awareness is working and members are participating. This first SELL OUT indeed proves that Artfest is changing the way people buy and collect Art!"

Shirley Casavant, Artfest's VP of Member Relations, explains, "Our members are extremely pleased with our program and the quality of our artists. Bob attended one of our seminars and the result is a great buying response from our members. Art Channel Galleries (www.artchannelgalleries.com) enjoys one of the best and fastest home based art sales businesses in the US!"

"Some of the buying came from members who enjoyed Bob Munro's 'Holy Land' video that is currently in rotation in over 25 million homes, and who in turn joined Artfest as a member in our Art Channel Galleries direct sales organization, further generating more interest and memberships," said Edward Vakser, Chairman and CEO of Artfest International, Inc. (www.artfestinternational.com).

About Bob Munro

Bob Munro is an internationally renowned Artist based in Dallas, Texas. Bob organizes travels and excursions all over the world. His fans follow him to exotic places and experience him creating his art.

In Bob Munro's travels, the lesson learned rests in the journey itself and not in the final sacred destination. His photography exemplifies the reverence and uplifting spirit sacred places around the world reveal. His work is collected internationally, some of which can be viewed at www.artchannelgalleries.com/art-bob-munro.aspx.

For more information about joining Artfest and Art Channel Galleries as a member and participating in the business opportunity, please visit www.ArtChannelGalleries.com or email customercare@artchannelgalleries.com.

About Artfest International, Inc.

Artfest International, Inc. is a publicly traded company (OTCBB: ARTI). Artfest connects artists, investors, decorators, designers, collectors and galleries together through a global interactive art portal. Visit Artfest www.artfestinternational.com and www.MyArtfest.com , 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.

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

  • Corporate Contact:
    Artfest International, Inc.
    Jacob Cohen
    Controller
    15851 Dallas Parkway, Suite 600
    Addison, TX 75001 USA
    Tel: 877.278.6672
    jcohen@artfestinternational.com