Camelot Ends EFM on Positive Note

Distribution Group Returns Home After Successful European Film Market


LOS ANGELES, Feb. 23, 2010 (GLOBE NEWSWIRE) -- Camelot Entertainment Group, Inc. (OTCBB:CMGR) ("Camelot") announced today that Camelot Distribution Group ("CDG") returned from the European Film Market ("EFM") with distribution contracts signed in several territories including Germany, Austria, Switzerland, Netherlands, Belgium, Luxembourg, Sweden, Denmark, Norway, and Sweden. With several deals still pending, CDG expects to provide updated results from the EFM in the near future.

"Our current slate continues to gain a lot of attention from our foreign distribution partners, and EFM was a great opportunity to maintain our relationships worldwide," stated Jamie Thompson, Camelot President of Distribution. "Samurai Avenger: The Blind Wolf is still a big hit among many territories. The grindhouse genre continues to sell."

About Camelot Entertainment Group, Inc.:

Camelot Entertainment Group, Inc. is a U.S. publicly traded company (OTCBB:CMGR) with three major divisions: Camelot Film Group, which includes Camelot Distribution Group and DarKnight Pictures, 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. Camelot is a member of the Independent Film & Television Alliance (IFTA). For information about Camelot Entertainment Group, Inc., please visit the Company's web site at www.camelotent.com.

The Camelot Entertainment Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7074

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.



            

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