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 email@example.com 310.526.8700
Stratus Media Group, Inc. Names Jerold Rubinstein, Former Co-Owner of United Artists Records, as Chairman of the Board and Chief
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