Stratus Media Group Announces Kick-Off Date for Tour d’Elegance
LOS ANGELES-(Business Wire)-January 29, 2009 - Stratus Media Group, Inc. (OTCBB:SMDI) today announced its National Tour d’Elegance series will commence on Father’s Day weekend in Beverly Hills, with a kick-off event planned for Friday evening, June 19, 2009, at a soon-to-be-announced celebrity venue.
The premier event series will showcase a dazzling array of unique, one-of-a-kind vintage automobiles — including European classics such as Aston Martin, Bentley, Jaguar, Mercedes and Rolls Royce. In addition, the events will also feature American classics such as Packard, Auburn, Cadillac and Corvette.
“Past events of the Tour have been well-attended and we fully expect the 2009 series to be equally successful. These prestigious automotive weekend festivals, showcasing automobiles, motorcycles, fashion and art, will be held at the most premier resorts and destinations — offering guests an exquisite array of food, fine wines and dancing,” said Paul Feller, president and chief executive officer of Stratus Media Group, Inc.
Feller noted other planned locations for the National Tour d’Elegance series will include Miami, Dallas, Monterey/Carmel, Napa, Santa Barbara, Las Vegas and Phoenix/Scottsdale.
He added that the series will also feature fashion shows and other exclusive events – including top international designers, with silent and live auctions offering opportunities to bid on premium travel packages, sports memorabilia and other unique items. “A portion of proceeds from the auctions will benefit local and national charities,” Feller said.
Stratus is actively seeking sponsors and strategic partners to join Stratus Rewards in the participation of the National Tour d’ Elegance, with expected average attendance of 52,000 in each market.
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 recently acquired 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.
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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