SOURCE: Artfest International, Inc.

September 16, 2008 10:59 ET

Artfest International, Inc. Launches Global Social Art Network Rivaling MySpace and YouTube

DALLAS, TX--(Marketwire - September 16, 2008) - Artfest International, Inc. (OTCBB: ARTI) announced today the launch of its proprietary global social network www.MyArtfest.com. In its ongoing effort to develop multiple avenues that bring artists and art enthusiasts together, Artfest has now launched the world's first web-based social network dedicated to art in all its forms. MyArtfest will allow independent artists from all over the world to directly present their creations to art enthusiasts. The art community now has a unique venue to both exchange ideas and to buy and sell works of art and associated services. Unlike other social networks, MyArtfest is focused solely on the global art community. Artfest International expects to generate revenues with MyArtfest through the sale of advertising and marketing space and the collection of fees on art sold through the site. The Company also maintains other lines of business including The ArtChannel and ArtChannel Galleries.

Artfest CEO Edward Vakser stated, "We are excited to launch our social network for artists and art lovers. Our platform is one of the most distinctive pieces of our business. It truly is a huge leap forward in our efforts to re-create the way people view, buy and sell art. MyArtfest is a truly global art community that not only provides links to information, but more importantly, links between people. All things creative will now be available worldwide through the MyArtfest community."

How to Get Started

MyArtfest is easy to use and membership is free. To get started, visit www.MyArtfest.com and create a profile. Next, simply invite friends and customers to join your network. The only cost to users is when a creation is sold. Similar to Ebay, a small seller's fee will be applied to all sales transactions.

MyArtfest: Robust and Scalable, Similar to MySpace, Facebook and YouTube

MyArtfest uses Web 2.0 technology and is built on the same "blue dragon" platform as other well-known social networks, such as MySpace, Facebook and YouTube. MyArtfest supports both still images and video and has been developed to scale easily to support global growth of the network.

More about Artfest International, Inc.

Artfest International was founded in 2002 and began publicly trading this year. The company was created as a venue for artists, art enthusiasts and investors to buy and sell all forms of art.

Mr. Vakser added, "The launching of MyArtfest.com should encourage everyone to take a closer look at our company. As we expand, we will continue to update our community with company developments."

To learn more about Artfest and to be added to the Company's email database to receive updates, please call 214-556-5915 or email artfest@redriveradvisors.com.

About Artfest International, Inc. (www.artfestinternational.com)

Artfest International, Inc. (OTCBB: ARTI) connects artists, investors, decorators, designers, private collectors and galleries and prints, markets, and sells limited edition, signed, and numbered fine art and collectibles. It also provides a range of multi-cultural programming, including artist documentaries, live paintings, artist collections, artist interviews, live concerts, and other art centric content. In addition, the company showcases new artists, special exhibits, and celebrity events in various markets in the United States and internationally. It serves various industries of arts, antiques, collectibles, and luxury goods. The company was founded in 2002 and is based in Addison, Texas. Artfest subsidiaries are ArtChannel, Inc. www.artchanneltv.com, and Art Channel Galleries, Inc. www.ArtChannelGalleries.com.

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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