Collectible Concepts Group Sets Mall Program Into Action

DOYLESTOWN, PA -- (MARKET WIRE) -- March 8, 2007 -- Collectible Concepts Group, Inc. (OTCBB: CCNG) announced today that it was setting into place its expanded Mall Program for 2007.

Paul S. Lipschutz, president of Collectible Concepts Group, stated, "In 2006, we partnered or sold to 16 mall kiosk locations for the Holiday season. This year, we hope to expand to more than 50 locations with some of them operating as year-round locations."

CCNG manufactures or distributes licensed products of professional sports logos and military mascot logos on a wide variety of products including laser etched wooden items.

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.

Contact Information: Contact: Rick McCaffrey Investor Relations for Collectible Concepts Group OTC Financial Network 781-444-6100 x625 Email Contact