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International Entertainment News

Tuesday, November 25, 2008

Camelot Looking to Louisiana for Third Studio Site

Camelot Looking to Louisiana for Third Studio Site

Discussions Underway for Potential Location in the New Orleans Area

ALISO VIEJO, Calif., Nov. 25 /PRNewswire-FirstCall/ -- Camelot Entertainment Group, Inc. (BULLETIN BOARD: CMLTE) ("Camelot") announced today that it has begun discussions for its third studio project to be located in the greater New Orleans, Louisiana area. With a steady increase in production days and crew availability, combined with the unique locations and opportunities that are unique to the region, Louisiana has become a major production center in the southern part of the country.

Camelot Studio Group, the Company's division responsible for the development of the planned studio projects, has been working on identifying several potential sites in Louisiana over the past two years. The New Orleans studio would be the third studio site for the company along with locations planned in Orange County and San Diego, California.

About Camelot Entertainment Group, Inc.: Camelot Entertainment Group, Inc. is a US publicly traded company (symbol "CMLTE" (until its delayed quarterly report is filed, which is expected within days)) 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.


Source: Camelot Entertainment Group, Inc.

CONTACT: Camelot Entertainment Group Investor Relations, +1-949-334-2950,
Investors@camelotfilms.com

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


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