SOURCE: Camelot Entertainment Group, Inc.

Camelot Entertainment Group, Inc.

March 17, 2011 09:15 ET

Camelot Scopes Out South By Southwest

Distribution Looking at Potential Acquisitions for Upcoming Markets

UNIVERSAL CITY, CA--(Marketwire - March 17, 2011) -  Camelot Entertainment Group, Inc. (OTCBB: CMGR) ("Camelot") announced today that Camelot Distribution Group's VP of Sales and Acquisitions, Michael Kananack, will be in attendance at the 18th annual South By Southwest ("SXSW") Film Festival in Austin, TX from March 17th to March 20th. He will be looking at possible acquisitions for the upcoming MIPTV and Cannes markets. Camelot has its eye on selected documentaries screening at the festival as it expands its library.

"I am excited to discover what SXSW has to offer," stated Kananack. "I look forward to presenting entertaining indie films from the festival to our international buyers this spring."

The internationally acclaimed SXSW festival began in 1987 as a music festival adding the film and interactive sections in 1994. The nine-day film festival and conference host participants from around the world and now draw 17,000 registered participants to Austin each March.

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