|
Ex-NBA player, former Owner of Los Angeles Lakers, and Prominent Sports Medicine Doctor to Support Expansion of Artfest's Sports Business DALLAS, TX - (01/13/10) - Artfest International, Inc. (OTC.BB:ARTS - News), a leading edge arts distribution company, announced today that Dr. Ernest Vandeweghe has joined its Board of Advisors. Dr. Vandeweghe played for the NBA's New York Knicks while also studying to become a physician at Columbia University College of Physicians and Surgeons. He went on to serve in the United States Air Force.
As a business person, he is a former majority owner of the world renowned Los Angeles Lakers. Dr. Vandaweghe is currently on the board of the NBA Legends. As a sports physician, Dr. Vandeweghe served as Chairman of the President's Council for Physical Fitness and Sports as well as serving on the Olympic Sports Commission under President Gerald Ford. Dr. Vandeweghe's passion for sports carried on to his children. His son Kiki Vandeweghe is a former NBA All Star and played for the Denver Nuggets, Portland Trail Blazers, New York Knicks and the Los Angeles Clippers. Kiki Vandeweghe went on to become General Manager of the Denver Nuggets and is currently General Manager of the New Jersey Nets. Dr. Vandeweghe's daughter, Tauna was an Olympic swimmer and son Bruk medaled in beach volleyball at the Goodwill Games. Dr. Vandeweghe commented on joining Artfest, "What Artfest is doing for sports through its Charity Sports Distributors subsidiary is good for athletes and fans alike. The promotion of sports and fitness, particularly in today's world, is helpful to society and in line with my life's work in bringing health and athletics to wider audiences. I am pleased to advise and play a role in bringing key NBA and other sports contacts to Artfest." "We are honored that someone of Dr. Vandeweghe's stature believes in and supports our efforts in the sports education and memorabilia business. We welcome his support of our company," added Artfest CEO Edward Vakser. About Artfest International, Inc. Artfest International, Inc. is a publicly traded Company under the stock symbol "ARTS." 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, and Charity Sports Distributor Inc., www.csdsportsframing.com offering the most exciting Art and Memorabilia products 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. Contact:
Investor Relations Contact:
Artfest International, Inc.
Corporate Profile
646-810-0608
|
