SMC Entertainment, Inc. (SMCE) Announces Appointment of New President and CEO

San Francisco, June 23, 2016 (GLOBE NEWSWIRE) -- The appointment will be effective July 1, 2016. Mr. Whitcomb will join the Company immediately and work closely with Mr. Tashjian, the current President and CEO in order to effect a seamless transition. The Company will begin to implement Mr. Whitcomb’s strategies immediately in order to be in full motion when he officially takes the position.

Mr. Whitcomb is a Certified Public Accountant in the state of California, and holds three Bachelor’s Degrees, Accountancy, Corporate Finance, and Business Management with a focus in Real Estate. He has been involved in many different business ventures with a strong focus in business development and finance.

“I feel that Chris is a great fit for SMC and can really add value to the Company,” stated Tashjian, “his diverse background and experience across many fields will allow SMC to take full advantage of the opportunities ahead. The Company can confidently take on new projects, and continue to grow our current businesses.”

“I am very excited to be joining the Company and to have the opportunity to take it to the next level through streamlining operations, improving the capital structure, and making strategic acquisitions and partnerships. I have big plans for the Company and want to move quickly,” Whitcomb said. “SMC has a great position in the industry and I plan to take full advantage of that.”

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Safe Harbor Statement:

This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of SMCE, members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

SMC Entertainment, Inc.

2443 Fillmore Street

San Francisco, CA 94115

Telephone: (415) 603-0858

Source:SMC Entertainment Inc.