ProElite Announces Signing of Two Heavyweight Fighters

  ProElite Announces Signing of Two Heavyweight Fighters

         Arlovski and Ellis Prepare For August 27 Fights in Honolulu

Business Wire

LOS ANGELES -- July 14, 2011

ProElite, Inc. (Pink Sheets:PELE), a subsidiary of Stratus Media Group Inc.
(OTCBB:SMDI), today announcesthe signing of former UFC Champion, Andrei “the
Pitbull” Arlovski, and 2009 NCAA Division 1 Heavyweight Wrestling Champion,
Mark “Blue Chip” Ellis.

Paul Feller, Chairman and CEO of Stratus and Chairman of ProElite, said, “We
share the excitement for Arlovski and Ellis with MMA fight fans around the
world. The signing of these world renowned MMA athletes underscores ProElite’s
commitment to the development of world class live entertainment for our action
sports MMA growth.”

"Andre and Mark are a promoter’s dream,” said T.Jay Thompson, VP, ProElite
Fight Operations.“Five orsix fights down the line we could see these two in
the cage at the same time."

Andrei Arlovski, one of the most popular MMA athletes of all time, most
recently competed under the Strikeforce banner.The former UFC Heavyweight
Champion is the first marquee MMA fighter signed by ProElite this year.

"Andrei is a world class athlete and still has a ton of heart left in him to
fight his way back to a championship,"added Thompson.

Mark Ellis, standing at 6'5”, 255lb, and 2009 NCAA Division 1 Heavyweight
Champion at the University of Missouri, is a highly sought after rookie
fighter. Recently, Ellis began training alongside UFC Champion Cain Valesquez
at famed AKA Gym in San Jose, California.

“Mark has all the makings of a World Champion,” said Bob Cook, AKA Head
Trainer. “He is an MMA newcomer and is already competing head to head with our
other athletes like Cain and Olympian Daniel Cormier. Mark has the capacity to
compete and beat the best in the business.”

Arlovski and Ellis will make their 2011 ProElite debut at the recently
announced August 27 fight at Neal S. Blaisdell Arena in Honolulu, HI.

ABOUT PROELITE

Based in Los Angeles, California, ProElite is a major stakeholder in Spirit MC
in South Korea and owns the U.K. based Cage Rage MMA Organization. Founded in
2006, ProElite still holds the record for highest ratings for a major network
telecast of an MMA event and showcases live international MMA fight events
where leading and promising up-and-coming MMA Fighters compete in the cage.

ABOUT STRATUS MEDIA GROUP

Headquartered in Santa Barbara, CA, with offices in Los Angeles, California;
New York City, NY; Geneva, Switzerland; and Perugia, Italy, Stratus Media
Group, Inc. (SMDI) is an owner, operator, developer, producer, and marketer of
live entertainment events. In addition, the company owns Stratus Rewards Visa
White Card, an ultra-exclusive consumer rewards marketing and redemption
program, providing premium redemption benefits to members in the form of VIP
event access, luxury trips, private jet travel, luxury automobiles, high-end
merchandise and other rewards.

www.stratusmediagroup.com
www.stratusmotorsports.com
www.stratusrewards.com

Forward-Looking Statements

Statements in this press release relating to plans, strategies, projections of
results, 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 and the Securities Acts of 1933 and 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. Although the company's management believes that
the expectations reflected in the forward-looking statements are reasonable,
it cannot guarantee future results, performance or achievements. The company
has no obligation to update these forward-looking statements.

Contact:

Stratus Media Group, Inc.
Eric Ficksman, 310-526-8700
or
Jamie Schaible, 805-884-9977
jamies@stratusmediagroup.com
www.stratusmediagroup.com
 
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