Artfest Newsflash

August 24, 2010: Artfest International, Inc. Increases Revenues by 748% for the Six Months Ended June 30, 2010 as Compared to the Same Period in 2009

Company Files Its 10Q With the SEC for the Second Quarter

DALLAS, TX - (08/24/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company has generated $1,424,412 in operating revenue in the six months ended June 30, 2010 as compared to $167,885 in operating revenue for the six months ended June 30, 2009, which is an increase of 748%. Artfest International, Inc. also reported a gross profit of $834,124 for the six months ended June 30, 2010 versus $166,885 for the same period in 2009. 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, 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.

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August 5, 2010: Artfest International, Inc. to Launch Artchannel Open House and New Season Release Party

Company Encourages All Shareholders to Attend

DALLAS, TX - (08/05/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company will host an open house to launch its Artchannel subsidiary's new season. The open house will be held on Saturday Aug 21st, 2010. Artchannel will introduce its new Marketing PR Firm and An Advertising Agency, Artfest Television commercials and Infomercials and will announce the new and expanded TV distribution as well as its new Fall Schedule.

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July 2, 2010: Artfest International, Inc. to Register Shares in Artfest Direct, Inc.

The Company to File an S-1 Registration With the SEC

DALLAS, TX - (07/02/10) - Artfest International, Inc., (OTC.BB:ARTS - News) is pleased to announce that the Company has instructed its SEC Attorney to file an S-1 Registration with the SEC. The registration will include the shares that were recently given as a dividend to shareholders of Artfest International.

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Artfest International, Inc.

Stock Symbol: ARTI - Discover the Joy!

 

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April 6, 2010: Artfest International, Inc. Signs Distribution Agreement With Second Largest Cable Operator in the Country PDF Print E-mail
Tuesday, 06 April 2010 08:42

Time Warner Cable to Distribute Artfest International's New Artfest Direct Program

DALLAS, TX - (04/06/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that Time Warner Cable will be the distribution outlet of Artfest International's "Artfest Direct" program to 550,000 Time Warner Cable customers. 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 next month, 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.

Read more: April 6, 2010: Artfest International, Inc. Signs Distribution Agreement With Second Largest Cable Operator in the Country
 
March 25, 2010: Artfest International, Inc. Increases Revenue for the 4th Quarter Ending December 31, 2009 by 5,400 Percent as Compared to the Same Period Prior Year PDF Print E-mail
Friday, 26 March 2010 15:24

Company Generates Revenues of $1.1 Million in the Fourth Quarter 2009

DALLAS, TX - (03/25/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company increased its revenue for the fourth quarter ending December 31, 2009 by 5,400 percent as compared to the same period in the prior year. Artfest International generated revenue of $1.1 Million for the fourth quarter ending December 31, 2009 as compared to revenue of $20,000 for the fourth quarter ending December 31, 2008. One of the reasons for the increase in revenue is due to the increased in sales of art and sports memorabilia through Charity Sports Distributor, which the Company acquired in July 2009. Artfest International also increased its net income for the fourth quarter ending December 31, 2009 by $406,457 as compared to the same period prior year, reporting net income of $116,300 for the fourth quarter December 31, 2009 as compared to a net loss of $290,157 for the December 31, 2008.

Read more: March 25, 2010: Artfest International, Inc. Increases Revenue for the 4th Quarter Ending December 31, 2009 by 5,400 Percent as Compared to the Same Period Prior Year
 
March 18, 2010: Artfest International, Inc. to Resell the Work of Legendary Hollywood Photographer Frank Worth on Artfest Direct PDF Print E-mail
Thursday, 18 March 2010 09:19

Company Expects to Generate $3 Million in Revenue per Year Through Agreement With Emaging International, Inc.

DALLAS, TX - (03/18/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company has signed a distribution agreement with Emaging International, Inc., which will enable Artfest International's wholly owned subsidiary, Artfest Direct to resell over 1200 images from some of the world's most accomplished photographers such as Frank Worth. Artfest Direct expects to generate $3 Million per year in sales from the collection through its new e-commerce website, www.artfestdirect.com. Artfest Direct members will be able to purchase images from Hollywood's "golden years," which includes legendary stars such as Frank Sinatra, Sammy Davis Jr., James Dean, Marilyn Monroe, John Wayne, and Elizabeth Taylor, amongst others.

Read more: March 18, 2010: Artfest International, Inc. to Resell the Work of Legendary Hollywood Photographer Frank Worth on Artfest Direct
 
March 15, 2010: Artfest International Inc Receives 2009 Best of Business Award PDF Print E-mail
Monday, 15 March 2010 10:41

Small Business Commerce Association’s Award Honors the Achievement

SAN FRANCISCO, March 15, 2009, Artfest International Inc has been selected for the 2009 Best of Business Award in the Catalog and mail-order houses category by the Small Business Commerce Association (SBCA).

Read more: March 15, 2010: Artfest International Inc Receives 2009 Best of Business Award
 
March 15, 2010: Artfest International Shareholders of Record to Receive Artfest Direct Dividend Valued at $10 per Share PDF Print E-mail
Monday, 15 March 2010 08:15

All Shareholders of Record As of April 15 to Receive ArtFest Direct Dividend

DALLAS, TX - (03/15/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that all Artfest International Shareholders of Record as of April 15 will receive 1 share of Artfest Direct valued at $10 per share for every 1000 shares they own of Artfest International (ARTS) on the record date. The Company will be conducting an offering of Artfest Direct shares at $10.00 per share.

Read more: March 15, 2010: Artfest International Shareholders of Record to Receive Artfest Direct Dividend Valued at $10 per Share
 
March 8, 2010: Artfest International, Inc. Launches Its Artfest Direct E-Commerce Website Today PDF Print E-mail
Monday, 08 March 2010 07:26

The Company Will Target the $835 Million Virtual Sports Memorabilia and Social Gaming Market

DALLAS, TX - (03/08/10) - Artfest International, Inc. (OTC.BB:ARTS - News) is pleased to announce that the Company has launched its Artfest Direct (www.artfestdirect.com) e-commerce website today. For the first time, Artfest International's new website will enable consumers to purchase fine sports art as well as sports memorabilia and collectibles directly from their favorite teams, players, and athletes. According to a January 2010 report by the research firm, Inside Network, the U.S. market in 2010 for virtual goods is expected to reach $1.6 Billion, with $835 Million of which will be from social gaming and sports memorabilia.

Read more: March 8, 2010: Artfest International, Inc. Launches Its Artfest Direct E-Commerce Website Today
 
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