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CCGR Contracts Gateway With eConnect.


Business Editors

DOYLESTOWN, Pa.--(BUSINESS WIRE)--Sept. 6, 2001

Collectible Concepts Group, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:CCGR CCGR Center for Computer Games Research
CCGR Concentric Conductor with Ground Removed
) Ted Patton, Assistant to the Chairman of the Board, today announced that they have contracted to become the Collectibles Gateway for eConnect (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ECNC ECNC European Centre for Nature Conservation ).

Under the terms of the one year agreement, CCGR will promote the eCashPad on their web sites, for its own customers, and to offer the eCashPad in the collectibles industry. Additionally, CCGR will actively promote the eCashPad Bank Eyes Only Eyes only may refer to:
  • Eyes only Dark Angel TV series character
  • Classified information
 system to Internet collectible companies.

eConnect will pay Collectible Concepts 5% of eConnect's transaction fees that are generated when any web merchant in the collectible business is paid by an eCashPad.

An eCashPad is a $59.95 home and office terminal device which enables consumers and businesses to pay web merchants by either card present credit card payments and same as cash ATM card An ATM card (also known as a bank card, client card, or cash card) is an ISO 7810 card issued by a bank, credit union or building society.

Its primary uses are:
 or debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account.  with PIN payments.

Ted Patton adds: "...this is the perfect solution for secure payments. We are very excited about the opportunity to be on the front-line of this new technology."

Once the Internet merchants have installed the eConnect Merchant Integration Kit, eCashPad owners will be able to make payments at the merchant's site by either an ATM card with PIN cash transaction or by a card swiped card present credit card payment.

Headquartered in Doylestown, Pa., Collectible Concepts Group, Inc. develops and markets unique licensed entertainment, sports, and music collectible merchandise for mass retail and online distribution. See Collectible Concept Group's corporate website for more information: http://www.collectibleconcepts.com

Read CCGR's Forward Looking Statement:

Statements about the company's future expectations, including future revenues and earnings, and the ability of management to respond to comments from regulatory authorities and all other statements in this press release other than historical facts are "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995.

These statements can be identified by introductory words such as "expects", "plans", "will", "estimates", "forecasts", "projects" or words of similar meaning and by the fact they do not relate strictly to historical or current facts. Forward-looking statements frequently are used in discussing new products and their potential.

Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known, such general economic conditions, consumer product acceptance and competitive products, and others of which are not.

No forward-looking statements are a guarantee of future results or events, and one should avoid placing undue reliance on such statements. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 6, 2001
Words:447
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