Camelot Entertainment Group Eyes New Studio Site in Orange County
06 Octubre 2008 - 8:30AM
PR Newswire (US)
Camelot's Studio Group Division Planning Major Development ALISO
VIEJO, Calif., Oct. 6 /PRNewswire-FirstCall/ -- Camelot
Entertainment Group, Inc. (OTC:CMLT) (BULLETIN BOARD: CMLT)
("Camelot") announced today that it has launched efforts to secure
a new studio site in Orange County for its planned major studio
complex. The studio complex would include a minimum of twelve sound
stages, support facilities, retail, commercial and hospitality
while providing education and work force opportunities. Camelot
Studio Group, one of Camelot's three divisions, will oversee the
project. Camelot expects to finalize its site selection during the
fourth quarter of 2008. 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. CONTACT: Camelot Entertainment
Group Investor Relations: (949) 334-2950 DATASOURCE: Camelot
Entertainment Group, Inc. CONTACT: Investor Relations of Camelot
Entertainment Group, Inc., +1-949-334-2950,
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