Artfest International, Inc. Signs Distribution Agreement With Second Largest Cable Operator in the Country

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Tue Apr 6, 2010 7:15am EDT

  DALLAS, TX, Apr 06 (MARKET WIRE) -- 
Artfest International, Inc. (OTCBB: ARTS) 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.

    Time Warner Cable owns and manages cable systems connected to
approximately 26 million homes in 33 states. The Company has 14.7 million
customers for its video, high-speed data and residential telephone
services. This includes 13.3 million basic video subscribers and more
than 7 million customers who purchase at least two of the Company's
primary services. Time Warner Cable operates some of the most
technologically advanced and best-clustered cable systems in the country,
with nearly 85 percent of the Company's customers located in five
geographic regions: New York, Texas, Ohio, the Carolinas and southern
California. It is the largest cable provider in the nation's two largest
cities, Los Angeles and New York, and the second largest cable operator
in the country. 

    "We are excited to launch our Art Channel on the second largest cable
operator in the country," stated Edward Vakser, CEO of Artfest
International, Inc. "After the successful launch of our Art Channel in
Texas, we plan to expand our Art Channel nationwide by the end of 2010.
We are pleased to have formed this relationship as we continue to
increase our sales revenues and shareholder value."

    Artfest International recently filed its notification of late filling for
the Company's 10-K with the SEC for period ending December 31, 2009. The
notification was due to the growth the Company has experienced over the
past year which included the acquisitions of Charity Sports Distributor
as well as various 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. The Company
expects its 10-K to be filed within the next 10 days. 

    About Artfest International, Inc.

    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. ARTS
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:
Investor Relations
Management Solutions International
1 407-389-5900 

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