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FOR IMMEDIATE RELEASE News Release

Festival Media Clears 500 SponsorFest® Event Subscribers

After just 15 months SponsorFest has 500 registered event producers using service

Seattle, WA December 3rd 2006 -- Festival Media Corporation (www.festmedia.com), an event sponsorship automation company, announced that their service SponsorFest now serves over 500 event producing subscribers nationwide. In one year, SponsorFest has grown from 90 to 500 subscribers and is projecting triple growth to 1500 subscribers by the end of 2007. SponsorFest was launched in September of 2005.
        “The rapid growth and popularity of SponsorFest demonstrates the need and value in the corporate event marketplace for a global search and event database,” said Jim Shanklin, VP Executive.

About SponsorFest

SponsorFest is a revolutionary service developed by Festival Media Corporation that helps sponsor corporations, and their agencies plan, purchase and measure their sponsorship investments in community festivals, fairs and special events through an easy to use, state of the art Internet platform. On the other side of the system, SponsorFest gives event producers a space to register their events for free promotion, free searching for suppliers and performers, and optional representation by Festival Media Corporation for national sponsorship dollars through SponsorFest.

The service delivers a new level of structure for planning, purchasing, measuring, and optimizing event sponsorship.

About Festival Media Corporation

Festival Media Corporation (FMC) automates sponsorship rights purchasing in the fragmented festival and events industry. FMC has operated the industry’s top consumer website (Festivals.com) since 1995. Festivals.com has delivered nearly 100 million impressions, sits atop the leading search engines (keyword “festivals”) and provides information to SBC SMARTpages City Guides, The Food TV Network and other leading content websites.

FMC’s Backstage ASP platform was launched in 1995 with Festivals.com and automates the collection of festival and event information from producers. Since its inception Backstage has registered and promoted more than 45,000 events that have attracted 387 million attendees. FMC has developed relationships with thousands of these events who have benefited from FMC’s promotion services to consumers.

FMC’s new ASP products use the Festivals.com, Backstage and the Internet environment to offer both to sponsors and to event producers’ new value in promotion, business development, marketing and measurement.

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