Artfest Creating new Jobs and revenue for Members

Artfest International, Inc. Announces January Revenue Results and First Quarter Revenue Projections
Mon. February 09, 2009; Posted: 10:54 AM

addthis_pub = 'tradingmarkets';




New! Day TradingDALLAS, TX, Feb 09, 2009 (MARKET WIRE via COMTEX) -- ARTIE Quote Chart News PowerRating -- Artfest International Inc. (OTCBB: ARTI Quote Chart News PowerRating) announces January revenues exceeded $125,000 as Artfest International, Inc. has begun the launch of its artistic content that is being distributed by Art Channel Galleries, the marketing arm and wholly owned subsidiary of Artfest International, Inc. During the First Quarter 2009 Artfest International, Inc. has developed numerous promotions and specials purchase packages to introduce a select number of acclaimed artists to our members at substantially reduced prices for our members during these difficult economic times. In addition to revenues from art content sales the company's wholly owned subsidiary, Art Channel, Inc. has signed several contracts to produce new programming content for our clients.

_version=11;

of Artfest International, Inc. is projecting revenues to exceed $450,000 for the First Quarter 2009 based upon artistic content sales through our members' virtual art galleries and programming contracts signed and contracts currently in negotiations to be completed during the First Quarter by our production subsidiary Art Channel, Inc.
"We believe that the addition of world renowned artists, special promotions and curator art specials that we are promoting this Quarter that Artfest will succeed in expanding and enhancing our current product offerings which will expand our current audience," stated Artfest CEO, Edward Vakser. "Furthermore we believe the foundation has been put in place to prepare Artfest for a successful and profitable 2009 which will result in increased value to our shareholders and members worldwide."
About Artfest International, Inc.
Artfest International, Inc. is a publicly traded Company under the stock symbol "ARTI." Artfest 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.
Corporate Contact: Artfest International Inc. Member Relations: Shirley A. Casavant Tel: 877-278-6672 Investor Relations: Steve Rash 15851 Dallas Parkway, Suite 225, Addison, TX 75001 USA, marketing@artfestinternational.com
SOURCE: Artfest International, Inc.
mailto:marketing@artfestinternational.com
For full details for ARTI click here.
Spring Trading with Larry Connors

_version=11;