Contact Information: Contact: Rick McCaffrey Investor Relations for Collectible Concepts Group OTC Financial Network 781-444-6100 x625 Email Contact
Collectible Concepts Group, Inc. Adds More NBA Products
| Source: Collectible Concepts
DOYLESTOWN, PA -- (MARKET WIRE) -- March 5, 2007 -- Collectible Concepts Group, Inc. (OTCBB : CCNG ) announced today that it has expanded its license with NBA Properties
to include collectible-quality, laser engraved, wooden basketballs, each
complete with a display stand. Orders have started coming in and production
has begun. The basketballs are to be made at the GridWorks plant in Elgin,
Iowa.
CCNG also has a joint venture agreement with GridWorks to produce and
market wooden collectibles under other professional sports licenses. The
addition of this product adds greatly to CCNG's ability to market a broader
line of items to online, catalog, and retail stores.
About Collectible Concepts Group
Collectible Concepts Group, Inc. develops and markets unique licensed
sports and entertainment collectible merchandise for specialty, mass retail
and online distribution. Nationally recognized in direct response
marketing, replica design, mass-market distribution and e-commerce
marketing, Collectible Concepts and its products are renowned both for
quality and authenticity. Licenses include over 25 colleges and
universities, including: The National Basketball Association (NBA), The
National Hockey League (NHL), Arena Football, and others. For more
information, visit: www.collectibleconcepts.com or www.otcfn.com/ccng.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
and as such, may involve risks and uncertainties. Forward-looking
statements, which are based on certain assumptions and describe future
plans, strategies, and expectations, are generally identifiable by the use
of words such as "believe," "expect," "intend," "anticipate," "estimate,"
"project," or similar expressions. These forward-looking statements relate
to, among other things, expectations of the business environment in which
the Company operates, projections of future performance, potential future
performance, perceived opportunities in the market, and statements
regarding the Company's mission and vision. The Company's actual results,
performance, and achievements may differ materially from the results,
performance, and achievements expressed or implied in such forward-looking
statements.