SOURCE: Camelot Entertainment Group, Inc

Camelot Entertainment Group, Inc

January 25, 2011 09:15 ET

Camelot Names NeoClassics' VP Michael Kananack as Its Head of Worldwide Sales and Distribution

Industry Veteran Joins Expanding Distribution Team

UNIVERSAL CITY, CA--(Marketwire - January 25, 2011) - Camelot Entertainment Group, Inc. (OTCBB: CMGR) ("Camelot") announced today that Camelot Distribution Group has hired industry veteran Michael Kananak as its new Vice President of Worldwide Distribution. Kananack, who has been working in sales and distribution for over 20 years, most recently with NeoClassics Films, will head up the Camelot global sales team. Kananack joined Camelot on Monday, January 24th, 2011 and will be accompanying Jamie Thompson, the President of Distribution, to Berlin for EFM.

Current Vice President of Worldwide Distribution Jeffrey Giles is transitioning to Camelot Film Group, where he will have a first look production deal.

"Michael has a wealth of knowledge and tremendous relationships with both distribution partners and producers," stated Thompson. "We are excited to have him on board and know that he will be a great addition to the Camelot family. We are also looking forward to working with Jeffrey as he makes the move to production."

Kananack joins Camelot after serving as VP of Sales and Acquisitions at NeoClassics, which distributes and licenses theatrical releases worldwide. Prior to NeoClassics Films, Kananack handled Membership for the Independent Film and Television Alliance ("IFTA"), recruiting over 80 companies to join the trade association. From 1992 to 2003, Kananack established himself in the international film marketplace, working for international film sales companies AKA Movies, Keystone International, and Fries Film Group. Kananack is an alumni of NYU Film School and has worked on over 25 features, including Godfather III and Scent of a Woman.

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:
    Melissa Foran
    Camelot Distribution
    Email Contact
    (818) 308-8858