ProElite to Announce Honolulu Fight Card Friday, July 29th

Stratus Media Group, Inc. (OTCBB:SMDI), today announces a press conference scheduled for Friday, July 29^th in Honolulu to reveal the matchups on the upcoming August fight card.

"It’s exciting to have the MMA community on the edge of their seats awaiting the next ProElite news,” stated Paul Feller, President and CEO of Stratus. "I am confident that MMA fans will not be disappointed with the matchups, which will be announced later this week.”

The August 27^th fight marks the third time ProElite has staged an MMA event in Hawaii.

T.Jay Thompson, head of Fight Operations said, "This is just the start of ProElite’s return to a dominant player in the industry. We look forward to regaining the support of the MMA global audience.”

Tickets can now be purchased at the Blaisdell Arena box office, or online at ticketmaster.com. Reserved seats are $28, $40, $65, and $90; Cage side seats are priced at $150 and $200.

ABOUT PROELITE

Founded in 2006, ProElite has been a major global force in the world of mixed martial arts (MMA), holding the record for the highest televised broadcast rating of a major network live MMA event. ProElite, based in Los Angeles, California, continues its legacy to hold key domestic and international live MMA events and owns U.K. based MMA brand Cage Rage and is a significant stakeholder in Spirit MC in South Korea.
www.proelite.com

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.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.