San Diego Next Site for Camelot Studio Development

Camelot's Studio Group Division Identifying Potential Locations for 2nd Studio Project 


ALISO VIEJO, Calif., Nov. 3  /PRNewswire-FirstCall/ -- Camelot Entertainment Group, Inc. (OTC:CMLT) (BULLETIN BOARD: CMLT)  ("Camelot") announced today that it has begun the process of identifying potential locations in San Diego, California for its second studio project in Southern California. Camelot Studio Group, the Company's division responsible for the development of the planned studio projects, has been working on identifying and selecting a site in Orange County, California to replace the original Tustin, California location for its first studio development.

The proximity of San Diego to Orange County and Los Angeles was a key factor in selecting the San Diego area for the Company's next studio project. Preliminary discussions have already begun for one potential location, and Camelot has received several inquiries regarding possible locations for the studio development.

Further details about the San Diego project are expected to be released once Camelot has selected an executive to lead the project team.

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, Inc., 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:  Investors, Camelot Entertainment Group Investor Relations,

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

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