Sycamore Ventures Acquires Ownership Control of Papa Bello Enterprises, Inc.

SAN DIEGO, July 12, 2011 /PRNewswire/ -- Sycamore Ventures (Pink Sheets: SYVN) announced today that the company has acquired ownership control of Papa Bello Enterprises, Inc. (Pink Sheets: PAPA) Under the terms of the acquisition, Papa Bello Enterprises has become a majority owned subsidiary of Sycamore Ventures.  For additional information regarding Papa Bello Enterprises, please visit www.papabelloenterprises.com

Tony Khodadad, CEO of Sycamore Ventures stated, "Papa Bello has built a diverse and exciting collection of restaurant concepts that provide exciting food choices at a great value.  We hope to prudently grow their business model through extensive site research and smart capital deployment."

About Sycamore Ventures

Located in Los Angeles, California, Sycamore Ventures was formed with the intent to develop into a broadly diversified holding company. For additional information on Sycamore Ventures, please visit www.syvn.net.

Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.

SOURCE Sycamore Ventures