Collectible Concepts Awarded Approved Vendor Status From Keystone Pharmacy Alliance.Business Editors and Health/Medical Writers DOYLESTOWN, Pa.--(BUSINESS WIRE)--Feb. 13, 2003 Collectible Concepts Group, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CCGI CCGI Coventree Consulting Group International ), a leading provider of sports and pop-culture collectibles, announced today that it has been awarded status as an approved vendor for the Keystone Pharmacy Purchasing Alliance, Inc. a Pennsylvania based buying syndicate with a membership of 325 independent pharmacies An independent pharmacy is a retail pharmacy that is not directly affiliated with any chain pharmacy, such as CVS/pharmacy, Walgreens or Eckerd. However, owners of independent pharmacies will often form alliances with other independents and use their power in numbers to bargain for operating in Pennsylvania. By combining the purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. of the consolidated membership under the Keystone Alliance, independent drug stores are now able to compete with the larger chains more effectively. The Alliance gives its members entree to a range of products that they might not otherwise have access to. In addition to new products, the Alliance gives the independent pharmacy owner the opportunity to purchase at lower prices than they would be able to obtain on their own. "This is an exciting opportunity for us" said Paul Lipschutz, CCGI president. "Through this single point of contact, we are now presenting our products to over 300 retail pharmacy locations in Pennsylvania. Our line of silk posters featuring pop-culture and comic book comic book Bound collection of comic strips, usually in chronological sequence, typically telling a single story or a series of different stories. The first true comic books were marketed in 1933 as giveaway advertising premiums. characters, is displayed in stand-alone point of purchase displays and the accompanying line of collectible character pins is sold from counter top racks, both of which are particularly well suited for this type of retail environment" said Lipschutz. Following its success with the Keystone Pharmacy Purchasing Alliance, the company plans to pursue the more than 12,000 independent pharmacies nationwide that are represented by 23 separate buying consortiums. About Collectible Concepts Group Headquartered in Doylestown, Pa., Collectible Concepts Group, Inc. develops and markets unique licensed entertainment, sports, and music collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and E-commerce marketing, the company's products are renowned both for quality and authenticity. Licenses include Three Stooges Three Stooges U.S. comedy team. It was originally formed as a vaudeville team in 1923 by brothers Moe and Shemp Howard (1897–1975, 1900–55), who performed with “Ted Healy and His Stooges. and Marvel Universe Characters among many others. See Collectible Concept Group's corporate website for more information: www.collectibleconcepts.com or www.otcfn.com/ccgi. For more information, contact: Collectible Concepts Group: 215-491-1075, ext. 17 or visit www.collectibleconcepts.com. Investor Relations Investor relations The process by which the corporation communicates with its investors. : OTC Financial Network, Geoff Eiten, geiten@otcfn.com, 781-444-6100 or 888-439-2787, ext. 613 or visit www.otcfn.com/ccgi. Statements about the company's future expectations, including future revenues and earnings, and the ability of management to respond to comments from regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities 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. |
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