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Thursday, December 03, 2009
Stratus Media Group, Inc.
STRATUS MEDIA GROUP LAUNCHES NEW INTERNATIONAL FILM FESTIVAL IN PERUGIA, ITALY
--Combining Provincial Charm with Modern Technology for the Film Industry--
SANTA BARBARA, CA (December 3, 2009) - Stratus Media Group, Inc. (OTCBB: SMDI), a live entertainment company, announced today as part of its global expansion strategy, Stratus has received authorization from government officials in Perugia, Italy to organize, manage, launch and own the new International Perugia Film Festival in Perugia in the Umbria region of Italy, which is a noted center for the arts and culture.
The Perugia International Film Festival which will be directed by Emanuele Rossi, Vice President of International Business Development, Stratus Media Group - Europe, is intended to be a premiere international film festival focusing on the industry of film and technology. Current plans are to showcase its preliminary launch in 2010 and to have its full-scale festival in 2011. Already in place are regional and international corporate sponsor support, premier venues provided by the city and the support of the city and regional governments of Perugia and Umbria.
“It is exciting to work with local and international businesses, and government officials who share our vision and are eager to carefully construct a world-class event that focuses not just on the films, but on the film-making industry and its future technology,” said Paul Feller, President of Stratus Media Group. “Perugia is a unique setting and an undiscovered gem that we believe will be the ideal location to establish a premier film festival with a worldwide reputation.”
The National Geographic magazine has labeled Perugia as “The sexiest small city in the world.” Engulfed in beautiful old world architecture, Perugia establishes a unique blend of a sensual atmosphere mixed with historic charm. The various theatres in which the films will premiere are exquisite and unlike any others in the world. The city is filled with unparalleled five star hotels located within beautifully restored castles as well as palate satiating food and rare specialty stores.
About Stratus Media Group, Inc.
Incorporated in November of 1998, Santa Barbara based-Stratus Media Group is an owner, operator and marketer of live entertainment and sporting events. The company is primarily focused on internal growth and acquisitions within the live entertainment-related market -- including action sports, automotive shows, college sports, food events, motor sports, music concerts and festivals, running events, diversified media marketing, trade shows and expositions, and talent management. In addition, the company intends to expand its consumer rewards marketing and redemption activities through its Stratus Rewards Visa White Card -- providing exclusive redemption benefits to its cardholders in the form of VIP event access, luxury trips, private jet travel, luxury automobiles, high-end merchandise and other rewards for specified levels of use.
About Perugia, Italy
Perugia, capital of the Umbria region, lies at the geographic center of Italy and is one of Italy’s best kept secrets with its beautiful city and landscape. Home to Italy's best-known chocolate, Perugino, the city of Perugia is one of Italy’s best-preserved medieval cities and is known as the city of art and culture with its numerous museums, castles, cathedrals, art and artists. The area’s importance to the arts was solidified with High Renaissance painter Pietro Perugino and Resaissance master Raphael activity in Perugia that featured many famous Frescos, including the Oddi Altar, which was painted in 1502-1504. Perugia is also home to Europe’s largest Jazz Festival, the Umbria Jazz and Sagra Musicale Umbra.
Forward Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors which include but are not limited to risk factors inherent in doing business. Although the company's management believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
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