Camelot Entertainment Group, South Orange County Community College District to End Exclusive Right to Negotiate Agreement on Pro

ALISO VIEJO, Calif., Sept. 18  /PRNewswire-FirstCall/ -- Camelot Entertainment Group, Inc. (OTC:CMLT) (BULLETIN BOARD: CMLT)  (Camelot) and the South Orange County Community College District (SOCCCD) announced today that they have mutually terminated the Exclusive Right to Negotiate Agreement (ERNA) in reference to the development of the Advanced Technology and Education Park (ATEP) campus in Tustin, California.

Camelot, through its Camelot Studio Group division, will continue to pursue other studio development opportunities in Orange County in addition to other sites outside of California currently under consideration. The SOCCCD will continue to develop its long range plans for the ATEP campus, located on the former Marine Corps Air Station base in Tustin, California.

About Camelot Entertainment Group, Inc.: Camelot Entertainment Group, Inc. is a US publicly traded company (symbol CMLT) with three major divisions: Camelot Film Group, 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. Creating a world where filmmaking dreams come true, Camelot integrates early studio models, education, new technologies and fiscal responsibility to acquire, develop, finance, produce, market and distribute high quality commercial motion pictures, television and digital media. For general information about Camelot Entertainment Group, please visit the company's web site at http://www.camelotfilms.com/.

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. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made. 

DATASOURCE: Camelot Entertainment Group, Inc.



CONTACT:  Investor Relations of Camelot Entertainment Group, Inc.,

[phone], ; or South Orange County Community

College District Public Affairs, [phone], 



Web site http://www.camelotfilms.com/ 

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