Artevo Corporation Announces New CFO

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Artevo Corporation ("Artevo" or the "Corporation") (TSX VENTURE:AEV) announced
today that, effective March 3, 2009, it has appointed Mr. Mitchell Stewart to
the position of Chief Financial Officer. Mr. Stewart will assume the role from
Mr. Brian Callaghan who has been the Chief Financial Officer of Artevo and its
predecessor company, Power Play Art Ltd., since October 2007.


Mr. Stewart has spent his career working in the entertainment and media
industry. Before joining Artevo, he worked as an audit manager with
PricewaterhouseCoopers LLP both in Calgary, AB and in London, UK. He holds a
Bachelor of Commerce (Accountancy) and Master of Professional Accountancy from
the University of Saskatchewan and is a Chartered Accountant registered with the
Province of Alberta.


"We are pleased to have found Mitchell, with his industry and significant
international experience to fill the position of Chief Financial Officer, and
are confident he will help guide the company through its next phase," said
Christopher Talbot, Chief Executive Officer of Artevo.


Artevo also announced that it has filed with Canadian securities regulators its
interim financial statements and management discussion and analysis for the
first quarter ended December 31, 2008 (the "Interim Financial Statements and
MD&A"). The Interim Financial Statements and MD&A are available on the SEDAR
website at www.sedar.com.


Artevo Corporation is a technology driven company focused on the production,
marketing and distribution of collectable fine art products.


The company is headquartered in Calgary, Alberta.