Full Press Release Details
INTERNATIONAL ADOPTS NEW CORPORATE NAME
New Trading Symbol Issued --
ANGELES, CA - July 14, 2008 - Feris
International, Inc. (OTC: SMDI.PK), which completed a reverse merger and
exchanger in March with Pro Sports & Entertainment, today announced the
adoption of Stratus Media Group, Inc. as its new corporate name and the
commencement of trading under a new symbol. It previously traded under the
symbol (OTC:FSIT.PK).
corporate name is more representative of the company's evolution and its
strategic focus on vertically expanding businesses within the live
entertainment, media and marketing-related sectors," said Paul Feller, chairman
and chief executive officer of Stratus Media Group.
Stratus Media Group, Inc.
in November of 1998 as Pro Sports & Entertainment, Inc., 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,
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
event access, luxury trips, private jet travel, luxury automobiles, high-end
merchandise and other rewards for specified levels of use.
in this press release relating to plans, strategies, economic performance
trends, projections of results of specific activities or investments, and
statements that are not descriptions of historical facts may be forward-looking
statements within the meaning of the Private Securities Litigation Reform
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
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.