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Francesca Romana Degl'Innocenti new Artistic Advisor of the Perugia International Film Festival

Francesca Romana Degl'Innocenti has been appointed the new Artistic Advisor of the Perugia International Film Festival and to oversee new offices in Perugia, Italy.

Mar 31, 2010 Stratus Media Group, Inc. (OTCBB:SMDI), a live entertainment company and owner of the Perugia International Film Festival, announced today the appointment of Francesca Romana Degl'Innocenti as Artistic Advisor of the Perugia International Film Festival and liaison for Stratus Media Group's new offices in Perugia, Italy.

Ms. Degl'Innocenti, originally from Rome, Italy, is well-known in the Italian film and theater community as a successful director, academic, actor and agent. After graduating from the University of Rome School of Law, she combined her passion of film and law in which she directed and managed the business affairs of many successful films and theater productions. Ms. Degl'Innocenti, who is fluent in English, French and Italian, is now bringing the same industry knowledge and passion to Stratus Media Group and the Perugia International Film Festival to liaison between corporate relations, government officials, film industry relations while developing the companies new offices in Perugia, Italy.

"I am delighted to announce the appointment of Francesca Romana Degl'Innocenti as Artistic Advisor," stated Emanuele Rossi, Vice President of International Business Development, Stratus Media Group. "With the overall responsibility for the corporate affairs, international communications and film industry development, Ms. Degl'Innocenti will be supported by an experienced domestic and international management team."

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. For more information on Stratus Media Group, Inc., go to http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.stratusmediagroup.com&esheet=6234117&lan=en_US&anchor=www.stratusmediagroup.com&index=1&md5=ceb03fdf6919068663fc4e18d842c1f1

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 Renaissance master Raphael activity in Perugia that featured many famous Frescos, including the Oddi Altar, which was painted in 1502-1504. Perugia is also home the 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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