HOLLYWOOD, Calif., Dec. 22, 2011 /PRNewswire/ -- Sycamore
Entertainment Group Inc. (Pink Sheets: SEGI), is pleased to
announce it has signed the investment banking firm Gleacher &
Company to act as its exclusive financial advisor and placement
agent in connection to executing its corporate business plan for
the fiscal year 2012-2013.
Under the terms of the agreement, Gleacher will bring
independent insight and advice regarding debt and equity capital
raising solutions. Gleacher will leverage the full resources of its
advisory professionals, proprietary research and extensive
institutional sales and trading teams in debt, equity and
asset-backed securities to execute transactions on optimal terms
for Sycamore Entertainment Group
Inc.
"Our business model is clear, concise and executable. Going into
2012, working with an investment bank of Gleacher &
Co.'s calibre and ability as our placement agent, levels the
playing field and allows Sycamore to aggressively compete with some
of the larger more established film distributors," says Edward
Sylvan CEO of Sycamore.
Gleacher & Co.'s investment banking advisory group, is led
by Eric Gleacher, former head of
Worldwide Mergers and Acquisitions at Morgan Stanley and founder of
the Mergers and Acquisitions Department at Lehman Brothers.
"Sycamore Entertainment has an exciting release slate for 2012,"
says Ed. "We are ready to reveal our plan to the entertainment
industry."
Investors can also follow Sycamore on Linkedin: Sycamore
Entertainment Group and Twitter:FilmFind
Contact: info@sycamoreentertainment.com
About Sycamore Entertainment Group. (SEGI):
Sycamore Entertainment is a publicly traded, diversified
entertainment company that specializes in the acquisition,
marketing and worldwide distribution of quality finished
feature-length motion pictures. Sycamores' management team has more
than 50 years' experience in the entertainment industry and
utilizes its long standing relationships to provide market specific
publicity, promotion, media buying, theatrical placement and
Print and & Advertising financing for theatrical
domestic release.
Visit: www.sycamoreentertainment.com
Forward-Looking Safe Harbour Statement This press release
contains forward-looking statements that are made pursuant to the
safe harbour provisions of the Section 27A of the Securities Act
and Section 21E of the Securities Exchange Act. Click To see
full Forward-Looking Safe Harbour Statement
SOURCE Sycamore Entertainment Group Inc.