CMGR Clubhouse Media Group Inc (PK)

Camelot Entertainment Group, Inc. (OTCBB: CMGR) ("Camelot") announced today that Camelot Distribution Group has signed a domestic deal for all-media rights with Grindstone Entertainment Group ("Grindstone") for its action movie "Fink!", to be released through Lionsgate Home Entertainment in 2011.

"Releasing 'Fink' through Grindstone makes perfect sense," stated Jeffrey Giles, Camelot VP of Sales and Distribution. "Look at our respective libraries, and you will see that we are like-minded. In addition, they have a rock-solid track record of acquiring product the retailers love and the public responds to."

Following the adventures of four fiercely outlandish hit men, three seasoned slackers, two idealist computer hackers and an undercover cop whose paths all ironically cross when one of them double-crosses crime lord Terence Fink, the action/comedy stars Sam Worthington ("Avatar", "Clash of the Titans") and Steve Bastoni ("The Matrix Reloaded").

ABOUT GRINDSTONE

Grindstone Entertainment Group operates in partnership with Lionsgate and releases up to 30 films a year in media platforms. Grindstone provides turnkey solutions for all aspects of acquisitions, production and marketing for domestic releases. They have been partnered with Lionsgate since 2007.

ABOUT CAMELOT ENTERTAINMENT

Camelot Entertainment Group, Inc. (www.camelotent.com) is a US publicly traded company (OTCBB: 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.

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Contact: Jonathon Russo Camelot Entertainment Email Contact (772) 919-8747 Media Contact: Jessica Kelly Camelot Distribution Email Contact (818) 308-8858