Stratus Rewards White Card Announces Plans to Expand into European Market Letter of Intent Signed with European Bank to Launch Invitation Only Membership Club

Stratus Media Group, Inc. (OTCBB:SMDI), a lifestyle and entertainment company, today announced that it has entered into a Letter of Intent with a European bank to sponsor the Company's Stratus Rewards White Card VISA Program within the European Market. Stratus Rewards, LLC is a by-invitation-only affluent lifestyle membership club combined with an ultra-premium credit card rewards program on the Visa platform.

"I am very excited to expand the Stratus Rewards Program into Europe," said Paul Feller, Chairman and CEO of Stratus Media Group. "I feel confident that after reviewing opportunities with many potential bank partners, Stratus has entered into a LOI with the right partner who shares our vision of providing our clients with the best that money can buy."

"Europeans have always appreciated affluent lifestyle opportunities," said Brent Kimball, Vice President of Stratus Rewards. "Stratus Rewards brings it all together in one high quality and exclusive offering with the convenience of a globally accepted credit card."

Known as the "Stratus Rewards Visa White Card," Stratus Rewards® is a by-invitation-only affluent lifestyle membership club combined with an ultra-premium credit card rewards program, 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. Stratus Rewards members will pay an annual membership and may also elect to join the Stratus Rewards Club 360 program, which rewards members with premium access to exclusive events. The Stratus Rewards Lifestyle Council will provide product, vacation and life style services to its members who enjoy cutting edge luxury.

While membership is only open by private invitation or nomination, additional information about Stratus Rewards is available online, at www.stratusrewards.com.

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, musicconcerts 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. For more information on Stratus Media Group, Inc., go to www.stratusmediagroup.com.

About Stratus Rewards(TM)

Stratus Rewards(TM) is a division of Stratus Media Group, Inc. and is a by-invitation-only lifestyle club and credit card rewards system created expressly to support and enhance the affluent lifestyle. Stratus Rewards forges new territory by packaging the benefits of some of the world's finest lifestyle clubs into one program and provides exclusive redemptions 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. More information on Stratus Rewards is available at www.stratusrewards.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.