HOUSTON, Jan. 27, 2005 (PRIMEZONE) -- Summit Entertainment Group Inc. (Pink Sheets:SETG) has released its 15c211 disclosure statement for the period ending January 27, 2005. This document can be found at http://www.pinksheets.com or on the company website located at http://www.The-bbc.net.
Summit Entertainment's President John D. Jarvis stated: "We are pleased in taking the next step toward trading on the Nasdaq OTC-BB, and revealing with some depth what track the company is on."
Jarvis concluded: "We are excited about our acquisition schedule for the next quarter and what that will mean to our shareholders and their investment in our company."
About Summit Entertainment Group Inc.
Headquartered in Houston, Texas, Summit Entertainment Group Inc. (Pink Sheets:SETG) aspires to be a leading diversified owner and operator of multiple entertainment properties, including developments located in Las Vegas and Reno, Nevada and Louisiana. Summit Entertainment Group's press releases are available at www.pinksheets.com or www.knobias.com
Additional news and information on Summit can be obtained by contacting the company at (281) 255-9424.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.