Artfest International, Inc.

DALLAS, TX - (06/10/10) - Artfest International, Inc. (OTC.BB:ARTS - News) announced today that the Company signed an addendum to the agreement for the purchase of "Rendering of Francoise Gilot" Picasso Art Sculpture, which is independently valued between $50-$70 Million. According to the terms of the addendum, Artfest International has up to 180 days to complete the sale and purchase of the sculpture. The purchase price for the Picasso Art Piece is $2,500,000.00 in cash and 50 million warrants at $1.00 per share from Artfest International, Inc.

DALLAS, TX - (06/07/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company will start mailing out stock certificates of Artfest Direct today to shareholders of Artfest International, Inc. that held shares as of the Record Date of April 15th, 2010. The mail out will be for restricted shares to those 640 shareholders who held their shares in Artfest International, Inc. in certificate form. Shareholders, who held their shares in their broker account in "house name," should see the new shares deposited into their account within the next week to ten days.

DALLAS, TX - (06/07/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company's CEO, Edward Vakser, along with Artfest Curator and agents, will be attending the Licensing International Expo being held at the Mandalay Bay Convention Center in Las Vegas, Nevada. The Licensing Expo will run from June 8th through June 10th. The Company has setup several meetings with companies that are interested in licensing opportunities as well as Artfest Direct and their products. Artfest International will be offering the licensing for its newly developed character Rhupert and a 13 episode animated series scheduled for a premiere this fall season on Time Warner and several other Television Networks.

Time Warner Cable to Distribute Artchannel's First Major Football Game to Texas Customers

DALLAS, TX - (05/21/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that Time Warner Cable and The Texas Channel will be the distribution outlet of Artfest International's "Texas Showdown" program featuring a live broadcast of a International Women's Football League(IWFL) game between the Dallas Diamonds and the Kansas City Tribe on Saturday, May 22, 2010.

Company Files Its 10Q With the SEC for the First Quarter Ended March 31, 2010 

DALLAS, TX - (05/20/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company has generated $852,432 in operating revenue in the first quarter ended March 31, 2010 as compared to $469,000 in operating revenue for the first quarter ended March 31, 2008, which is an increase of 82%. The increase in operating revenue is due to the increased sales of art and sports memorabilia through the Company's wholly owned subsidiary, Charity Sports Distributor (CSD), as well as through events held at Artfest International's 52,000 square foot facility in Dallas, Texas, and direct sales activity through its Art Channel, Inc. and Art Channel Galleries, Inc. subsidiaries.

Time Warner Cable to Distribute Artchannel's First Major Football Game

DALLAS, TX - (05/18/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that Time Warner Cable and The Texas Channel will be the distribution outlet of Artfest International's "Texas Showdown" program to 550,000 Time Warner Cable customers. This live broadcast is the first of many productions lined up by Artchannel Inc., Artfest's wholly owned subsidiary. Artfest has an "On-Demand" distribution agreement with Time Warner, Inc., the second largest cable operator in the country, which will give Artfest International its base for the development of the Art Channel "On-Demand" program. Starting at 3pm CDT, May 22nd, 2010, with the live broadcast of the football game. The main sponsors will be Artfest International and Artfest Direct. Artfest will be showcasing its Art and Sports memorabilia, on its Time Warner Art Channel program slot. As part of the distribution agreement with Time Warner, Artfest is able to sell advertising/commercial space that is available on its Art Channel TV slot.

DALLAS, TX - (05/17/10) - Artfest International, Inc., (OTC.BB:ARTS - News), a leading-edge arts and sport memorabilia distribution company, announced today that on June 26th, 2010 the company will open a new exhibit titled "From Russia with Love and Art," featuring world renowned Natalia Vetrova and Vladimir V. Piskarev. In conjunction with the exhibit, Artfest will host the world premiere launch of the Television show on Time Warner Cable, The Art Channel, www.artchannel.tv, and several other major distributors. The exhibit will feature a new and previously acquired collection by Luxor Art and Artfest International.

Company to Launch Its Artfest Direct E-Commerce Site on May 1, 2010

DALLAS, TX - (04/30/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company has signed an exclusive agreement for the release of Limited Edition licensed commemorative sports coins through its subsidiary, Artfest Direct, Inc. The Limited Edition coins depict images of sports stars from teams in the NCAA, NBA, NFL, NHL and MLB. The coins will be minted in Silver, Gold, Platinum and Palladium. They are scheduled to include both current and past legends. In addition to the commemorative sports coins, the Company plans to release Limited Edition collector cards in both Silver and Gold. Artfest expects to have the product available in time for the official launch of the Artfest Direct website (www.artfestdirect.com) on May 1, 2010. To celebrate the launch of the Artfest Direct website, the Company will be hosting an event open to the general public this Saturday, May 1, 2010 from 1pm-10pm at its 52,000 square foot Artfest Expo Center in Dallas, Texas.

"Rendering Of Francoise Gilot" Sculpture Independently Valued Between $50 and $70 Million

DALLAS, TX - (04/30/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company has agreed to purchase an original Picasso Sculpture art piece directly from the artist's personal collection. The wooden sixty-by-twenty-seven Picasso sculpture was completed in 1949 and is titled "Rendering Of Francoise Gilot." The Picasso piece was appraised by Eritas Fine Art Appraising and Consulting, LLC in February 2010. The market value of this sculpture is estimated to be between fifty and seventy million dollars. This piece will significantly increase Artfest International's assets and add value to the Company's bottom line.