Camelot Entertainment Group Launches Camelot Film and Digital Media Group Subsidiary

Camelot Entertainment Group Launches Camelot Film and Digital Media Group Subsidiary

- Wholly Owned Subsidiary to Handle All Production and Distribution Activities -

IRVINE, Calif., April 25 /PRNewswire-FirstCall/ -- Camelot Entertainment Group, Inc. (BULLETIN BOARD: CMEG) announced today that it has launched Camelot Film and Digital Media Group as a wholly owned subsidiary. The film and digital media group will be comprised of three operating entities: Camelot Films, Camelot Features and Camelot Distribution. The new division will be managed initially by Camelot Chairman and Chief Executive Officer Robert P. Atwell.

Camelot Films will be responsible for implementing the Company's operating platform currently known as the "Camelot Studio Model" (CSM). The CSM calls for an initial slate of 36 feature films utilizing the proprietary creative, financial, production and distribution methods developed by the Company.

Camelot Features will handle all of the non CSM related productions undertaken by the Company, including larger budget features, co-productions, television and digital media.

Camelot Distribution will be responsible for all of the Company's distribution activities, both domestically and internationally, including acquisition and distribution of non-Camelot produced product, VOD, PPV, theatrical, direct to DVD, television, cable, syndication and all other forms of digital and non-digital media distribution.

About Camelot Entertainment Group, Inc.: By combining the efficiencies realized by studios of the early 1900's, when major studios produced and distributed numerous films every year profitably and effectively, with the artistic focus and diversity of today's independent productions, Camelot Entertainment Group, Inc. (BULLETIN BOARD: CMEG) plans to develop, produce, market and distribute original motion pictures, consistently producing films with the look, feel and artistic content of feature films for a fraction of the cost. Using this approach, the Company believes the risk-reward relationship facing the typical film project can be dramatically shifted. For general information about Camelot Entertainment Group, Inc., please visit the Company's web site at 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.

CONTACT: Investor Relations
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@pacbell.net

Camelot Entertainment Group
Michael B. Ellis, COO
949/777-1090

Source: Camelot Entertainment Group, Inc.

CONTACT: Investor Relations, Paul Knopick of E & E Communications,
+1-949-707-5365, pknopick@pacbell.net, for Camelot Entertainment Group, Inc.;
or Michael B. Ellis, COO of Camelot Entertainment Group, +1-949-777-1090

Web site:

http://www.camelotfilms.com/

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