Stratus Media Group Announces Karen Arikian as Director of the Perugia International Film Festival

Stratus Media Group, Inc. (OTCBB:SMDI), a global live entertainment company and owner of the Perugia International Film Festival (PIFF), announces Karen Arikian, currently serving as the Hamptons International Film Festival’s Executive Director, will take on the additional role as Director of the Perugia International Film Festival.

"We are thrilled to have Karen spearhead the operation and production of our Perugia del Cinema,” said Paul Feller, CEO of Stratus Media Group, Inc. "Karen has the knowledge and imagination to make the experience breathtaking for those who attend, as well as enlightening and rewarding for those who partner, support and present. With her at the helm, this festival will be a world-renowned annual event.”

In addition to her ongoing duties as Executive Director of the Hamptons International Film Festival, Karen is a permanent consultant for European Film Promotion (EFP) on its U.S. initiatives. She is also a member of the Competition Selection Committee and the U.S. Delegate representing the East Coast for the Berlin International Film Festival. She will retain these roles and duties as she heads up the team at the Perugia International Film Festival.

Emanuele Rossi, President of Stratus' European Film Festival Division and Vice President of International Business Development, states: "I am very pleased to have the involvement of Karen Arikian as Director of the Perugia International Film Festival. Her many years of experience and associations with the Film Festival industry, combined with its prime relations and ideas, will give a unique strength and dimension to our film festival.”

The Perugia International Film Festival will take place from March 22 – 25, 2012. In addition to presenting quality international films, the Festival will create a forum for exploring the art and science of filmmaking.

"I am honored and thrilled to be part of this new and exciting endeavor,” said Karen Arikian. "It’s a wonderful opportunity to showcase international cinema and Italian film, while at the same time, building relations with the University of Perugia. With over 40,000 students living in this stunning medieval town, with its rich historical background and artistic heritage, the possibilities for creating a dynamic and youthful festival and cultural forum are enormous.”

STRATUS MEDIA GROUP, INC.

Headquartered in Santa Barbara, CA, with offices in Los Angeles, Geneva, Switzerland, and Perugia, Italy, Stratus Media Group, Inc. (SMDI) is an owner, operator and marketer of live entertainment events. In addition, the company owns Stratus Rewards Visa White Card, an ultra-exclusive consumer rewards marketing and redemption program, providing premium redemption benefits to members in the form of VIP event access, luxury trips, private jet travel, luxury automobiles, high-end merchandise and other rewards. www.stratusmediagroup.com

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