San Diego Next Site for Camelot Studio Development
03 Noviembre 2008 - 8:30AM
PR Newswire (US)
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, +1-949-334-2950, Web Site:
http://www.camelotfilms.com/
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