SOURCE: Artfest International, Inc.

June 18, 2009 08:33 ET

Artfest International, Inc. Has Secured the Licensing Rights to Rhupert, a Character Created by the Internationally Acclaimed Artist D. Arthur Wilson

DALLAS, TX--(Marketwire - June 18, 2009) - Artfest International, Inc. (OTCBB: ARTI) is pleased to announce that the Company has secured the licensing rights to the ostrich character, Rhupert, created by D. Arthur Wilson. Rhupert was just approved to be the official logo and D. Arthur Wilson, the official artist, for World Peace Project (www.worldpeaceproject.org). Art Channel Galleries™ (www.artchannelgalleries.com), owned by Artfest International, will fund and produce four, 30 minute, pilot episodes of Rhupert.

The official release of the children's book titled: "Little Red Rhupert," which was written and illustrated by D. Arthur Wilson, will occur at Artfest's second "Sizzling Summer Saturday" art extravaganza at the Company's 52,000 square foot Expo Center in Dallas, Texas. The event will take place on June 20th, 2009 from 11 am to 7 pm CDT.

The Artist will be present and will participate in a "live drawing" session at noon. At 2:00 pm CDT, Mr. Wilson will give a talk about the "Evolution of Rhupert" and at 3 pm the artist will have a book signing, followed at 4:00 pm with another "live drawing" session. There will be a number of other nationally known artists participating in the day's events. To see a complete listing of artists and events, please visit the Company's Web site.

"I believe that Rhupert has the potential to be the next Barney the Dinosaur phenomenon. The character Barney and his ancillary products were generating royalties of $250 million per year in the early 1990s," stated Edward Vakser, Artfest International, Inc. CEO.

Artfest International, Inc. will be hosting a nationwide teleconference June 23, 2009. There is expected to be a high demand for the call-in lines for this Nationwide Teleconference and space will be limited. Please call 1-407-389-5900 to reserve your place and receive the information that will enable you to participate in the conference. In addition, Artfest invites you to email a question to info@artfestinternational.com; a select number of submitted questions will be answered during the Nationwide Teleconference.

Attendance to the Grand Opening and "Sizzling Summer Saturday" expo on June 20, 2009 is Free and is open to the public, but you must register to be admitted. Please visit www.artfestinternational.com and go to "Events" to register online.

Artfest International, Inc. 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.

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