Camelot Seals the Deal at Cannes UNIVERS

Camelot Seals the Deal at Cannes

UNIVERSAL CITY, Calif. , July 3, 2012 /PRNewswire/ -- Camelot Entertainment Group, Inc. (OTC: CMGR) ("Camelot") announced today that Camelot Distribution Group ("CDG") closed multiple deals on their titles at Cannes ' Marche du Film, the world's most prestigious film market in Cannes, France .

CDG kicked off Cannes with a sale to Splendid, a German Distributor, who acquired the sci-fi adventure SCAVENGERS , starring Sean Patrick Flanery ( Boondock Saints, Saw 3D: The Final Chapter ). CDG also closed deals with AT Entertainment in Japan for its sultry drama WEBDULTRY and the horror comedy YOU CAN'T KILL STEPHEN KING. Klockworx, also from Japan , picked up PRIVACY , a cyber thriller. In addition, deals were signed for A WARRIOR'S HEART in Spain , WEBDULTRY and PRIVACY in Australia and multiple agreements are expected to close for many of the titles in UK, Germany , U.S, France , Israel , and Russia .

" Cannes was great this year," said President of Distribution Jessica Kelly .  "Distributors are buying, and we have great product to sell.  The screenings were filled, the response from buyers was encouraging and the sales atmosphere was very robust."

During the market, Camelot screened the NY Times Critics' Pick THE DISH AND THE SPOON, starring Greta Gerwig ( Greenburg, Arthur ), who, betrayed by her husband, strikes up a magical friendship with a teenage drifter; PRIVACY , a college student who hacks into a mobile phone leading him down a path of murder; National Lampoon's SNIPPED , starring Andrew McCarthy and Jonathan Silverman (The Weekend at Bernie's duo), about a guy who goes under the knife and wakes up anything but a man; THE UNDERSTUDY , a story about an unsuccessful actress who lands an understudy role that allows her talent to outshine the star; and YOU CAN'T KILL STEPHEN KING , a horror comedy based on killings straight out of Stephen King novels.

ABOUT CAMELOT ENTERTAINMENT

Camelot Entertainment Group, Inc. ( www.camelotent.com ) is a US publicly traded company (OTC: CMGR) with four divisions: Camelot Film Group, Camelot Distribution 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).

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.

Contact:

Jonathon Russo   

Camelot Entertainment

stockholders@camelotfilms.com

(772) 919-8747

Media Contact:

Lauren Traino         

Camelot Distribution

lauren@camelotfilms.com

(818) 308-8858

SOURCE Camelot Entertainment Group, Inc.