Stratus Media Group, Inc. Names Jerold Rubinstein, Former Co-Owner of United Artists Records, as Chairman of the Board and Chief

  Stratus Media Group, Inc. Names Jerold Rubinstein, Former Co-Owner of United
  Artists Records, as Chairman of the Board and Chief Executive Officer

 Renowned Entertainment Executive Brings Proven Record of Business Leadership
                                  to Stratus

Business Wire

SANTA BARBARA, Calif. -- June 29, 2012

Stratus Media Group, Inc. (OTCQB: SMDI) announced today that Jerold Rubinstein
has been appointed CEO and Chairman of the Board of Stratus Media Group, Inc.
and its subsidiary ProElite, Inc. (OTC Pink: PELE). Mr. Rubinstein replaces
Paul Feller, who will remain a consultant to the company.

Mr.  Rubinstein has been a member of the board of directors of Stratus since
March 2011 and has been chairman of the audit committee since that time. He is
a member of the board of directors and the chairman of the audit committee of
CKE Restaurants, the parent company of Carl’s Jr. Restaurants and Hardee’s
Restaurants, which had $1.3 billion in revenues in 2011. He also serves as the
non-executive chairman of U.S. Global Investors Inc., a mutual fund advisory
company which had $42 million of revenues in 2011 and $2.6 billion of assets
under management. Mr. Rubinstein has created and sold numerous companies
during his career, including Bel Air Savings and Loan and DMX, a cable and
satellite music distribution company. Mr. Rubinstein started and sold XTRA
Music Ltd., a satellite and cable music distribution company in Europe. Most
recently Mr. Rubinstein consults with, and serves on, 3 early stage
development companies. Mr. Rubinstein is both a CPA and attorney.

Details and updates for all Stratus Media Group events are available at
www.stratusmediagroup.com.

ABOUT STRATUS

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 White, a new
standard in personal lifestyle and card services for the global affluent.
Available by invitation only, Stratus White is a discreet, elite member &
partner community providing exclusive and unparalleled service and access
across the luxury product & travel, social, sporting, cultural and
philanthropic areas of life, including events and experiences.

www.stratusmediagroup.com
www.stratuswhite.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.
Billy Kelly
Chief Operating Officer
pr@stratusmediagroup.com
310.526.8700
 
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