SOURCE: Camelot Entertainment Group, Inc.

Camelot Entertainment Group, Inc.

October 14, 2010 09:15 ET

Camelot Exits MIPCOM on High Note, Preps for AFM

Multiple Deals Closed With More Pending

UNIVERSAL CITY, CA--(Marketwire - October 14, 2010) -  Camelot Entertainment Group, Inc. (OTCBB: CMGR) ("Camelot") announced today that it closed multiple deals last week at MIPCOM, the World's Entertainment Content Market held in Cannes, France, with more sales still pending. Camelot now will turn its attention to the American Film Market ("AFM"), which begins November 3 in Santa Monica, California.

"Our Camelot library and DarKnight titles have been strong leaders at these markets and in sales lately," stated Camelot VP of Sales and Distribution Jeffrey Giles. "Overall, it was a great market experience, with more buyers recognizing our product as well as our name. All signs point to a solid AFM market for us this November."

In addition to overseeing Camelot's sales efforts at MIPCOM, Giles met with various international distributors and domestic and worldwide buyers to strategize on maximizing new and alternative revenue streams and partnerships for Camelot.

ABOUT CAMELOT ENTERTAINMENT

Camelot Entertainment Group, Inc. (www.camelotent.com) is a US publicly traded company (OTCBB: CMGR) with four divisions: Camelot Film Group, Camelot Distribution and DarKnight Pictures, Camelot Studio Group and Camelot Production Services Group. Camelot is building a different kind of motion picture studio infrastructure by redefining the development, financing, production, and distribution process. Camelot is a member of the Independent Film & Television Alliance (IFTA).

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings.

Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.

Contact Information

  • Contact:
    Jonathon Russo
    Camelot Entertainment
    Email Contact
    (772) 919-8747

    Media Contact:
    Jessica Kelly
    Camelot Distribution
    Email Contact
    (818) 308-8858