Tuesday, July 14, 2009

Stratus Media Group Announces Brent Kimball joins as Vice President Stratus Rewards

LOS ANGELES--(BUSINESS WIRE)--Stratus Media Group, Inc. (“SMDI”), a leading live entertainment company, today announced the appointment of Brent Kimball as Vice President Stratus Rewards Visa White Card, based in Santa Barbara, CA.

“I am very pleased to have Mr. Kimball as part of the SMDI executive team and to spearhead the company’s efforts with the development of Stratus Rewards Visa White Card,” stated Paul Feller, President and CEO of Stratus Media Group, Inc. "We expect that the Stratus Rewards program strategically implemented with Stratus Media Group’s marketing and entertainment skills will allow the combined companies to create astounding entertainment and lifestyle experiences. These combined resources greatly strengthen our position in the world of luxury entertainment by way of our current partner relationships, and luxury brand image. Mr. Kimball brings the perfect balance of strategic leadership, banking and finance knowledge and live entertainment awareness to our company. We believe that he is the ideal person for this role and I look forward to working with him.”

“I chose to join SMDI because of its great vision in transforming worldwide live entertainment using a very strategic cross platform business model,” stated Brent Kimball. “I believe that my knowledge and experience blends well with SMDI’s plans for a successful and rapid international expansion.”

Most recently, Mr. Kimball served as senior banking leader for Wachovia Bank where he was consistently recognized for top sales, production, and training development with senior management for the development of retail and wholesale sales and customers service programs. While at Wachovia and previously at World Savings Bank, Mr. Kimball was instrumental in the creation of financial products used by the high net worth clientele.

Mr. Kimball received a bachelor's degree in Business Entrepreneurship from the Marshall School of Business from the University of Southern California.

About Stratus Rewards:

Stratus Rewards is a lifestyle entertainment club rewards system created expressly to support and enhance the affluent lifestyle. Launching in April 2004, Stratus Rewards will offer the first lifestyle entertainment reward program. Stratus Rewards forges new territory by packaging the benefits of some of the world's best lifestyle venues into one program. Developed by a group of entrepreneurs seeking meaningful rewards above and beyond those offered by existing loyalty programs, Stratus Rewards catapults rewards systems to new heights. www.StratusRewards.com.

About Stratus Media Group, Inc.

Incorporated in November of 1998, Los Angeles-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. www.StratusMediaGroup.com

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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