SOURCE: Artfest International, Inc.

April 24, 2009 11:31 ET

Artfest International, Inc. Announces Debut of the Preeminent "Artfest Expo Center"

DALLAS, TX--(Marketwire - April 24, 2009) - Artfest International, Inc. (OTCBB: ARTI) announces new corporate office and residence in the Expo Center, located in the prestigious North Dallas design district. In collaboration with the center's proprietor and the City of Dallas, the building will be renamed the "Artfest Expo Center."

"The Artfest Expo Center will host gallery events, artistic shows, and a gathering center for retail in the central Texas region," explained Edward Vakser, CEO. "The inspiration in this center is to provide a prominent setting for designers and collectors of fine art and memorabilia. Our goal is to bring our projects and artists together with consumers."

Statistics confirm the Expo Center to be situated in one of the most preeminent retail and design demographic areas. The Expo Center generated an average of $700 per square foot as a Gabbert's furniture showplace, amassing over 100,000 square feet of potential. "In the retail industry, traffic is a vital study, as the idea is to locate where masses of potential consumers reside," elaborates Angie Tassan, CMO. "Revenue per square footage is a calculation used to determine the profitability and prospect of a particular area of interest."

The Artfest Expo Center's grand opening will take place on May 2nd, 2009, integrating three consecutive "Creating Wealth Through Art" seminars at 1 p.m., 2 p.m., and 3 p.m., respectively. After hours entertainment will feature Dallas's hottest new musical and visual artists. The 6 p.m. to 8 p.m. show will be coordinated by Sir Earl Toon, Artfest's new musical director. RSVP at 877-278-6672.

Joining the Artfest Expo Center will be Charity Sports Distributor, Inc. (CSD), who will feature its memorabilia and sports collectibles. A virtual tour of the facility will be available on Artfest's corporate website shortly:

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 Artfest's subsidiaries are Art Channel, Inc., and Art Channel Galleries, Inc., 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.

Contact Information

  • Corporate Contact:
    Artfest International Inc.
    Member Relations:
    Shirley A. Casavant
    Tel: 877-278-6672

    Investor Relations:
    Steven B. Rash
    13342 Midway Road, Suite 250
    Farmers Branch, Texas 75244