Collectible Concepts Enters into License Agreement with IMS Properties and Titan Motorcycle Company of America.Business Editors DOYLESTOWN, Pa.--(BUSINESS WIRE)--May 23, 2000 Licensing Program to Benefit from Awareness of Internationally Known Sporting Event 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 ) has acquired a license to manufacture and distribute a replica of the Indy 500(R) Titan Motorcycle, a limited edition motorcycle, manufactured by Titan Motorcycle Company of America (Nasdaq: TMOT TMOT Trust Me On This TMOT Test Management Oversight Team TMoT Tiny Masters of Today (band) TMOT The Magic of Television (band) TMOT True Motion ) based in Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. , that will be sold in connection with the upcoming motorcar race. Collectible Concepts chairman and chief executive officer Paul Lipschutz said the agreement offers the company several attractive features. "First, Titan will continue to manufacture other collectible motorcycles, and these new bikes represent attractive licensing opportunities for us. Second, Titan's network of more than 80 domestic and international dealers, which will carry our Titan 500 replica, offer a viable source of immediate distribution. And finally, we believe that we will enjoy the support of the many retail outlets which already do a substantial business in Indy 500(R) licensed products." Collectible Concepts national sales manager Peter Brown said he felt the running of the 84th Indianapolis 500 race on May 28 - one of the most widely recognized and watched sporting events of the year - will increase consumer interest in the Titan 500 replica. "We believe that the Indy 500(R) race will deliver the kind of consumer awareness that money cannot buy." In addition to traditional retail outlets, the Titan 500 will be marketed on the website www.collectmotorcycles.com which was developed and will be maintained by Collectible Concepts Group. More About Collectible Concepts Group, Inc. Headquartered in Doylestown, Bucks County, Pennsylvania Bucks County is a county located in the U.S. state of Pennsylvania. As of 2000, the population was 597,635. A 2004 U.S. Census estimate placed the population at 621,342, making it the fourth most populous county in Pennsylvania, after Philadelphia, Allegheny, and Montgomery , Collectible Concepts Group, Inc., develops and markets licensed collectible merchandise in the entertainment and sports industries. CCGR is also an official licensee of New Line Productions, Inc. and produces replicas of props from Austin Powers: International Man of Mystery and the sequel, Austin Powers: The Spy Who Shagged shag 1 n. 1. A tangle or mass, especially of rough matted hair. 2. a. A coarse long nap, as on a woolen cloth. b. Cloth having such a nap. 3. A rug with a thick rough pile. Me as well as the creation and management of The Official Austin Powers Collector's Club website at www.powersclub.com. CCGR recently acquired the Mini-V.com website, featuring Austin Powers' star Verne J. Troyer. Along with the Mini-V.com project, CCGR is developing the X-MEN Collector's Club, and a variety of X-Men products under license from Marvel Comics. More About Titan Motorcycle Company Founded in 1994, Titan Motorcycle Co. of America is a premier designer, manufacturer and distributor of high-end, American-made, V-twin engine motorcycles marketed under various Titan trademarks. Titan's unique, hand-built configurations, including the Gecko gecko (gĕk`ō), small or medium-sized lizard of the family Gekkonidae. The more than 300 species are distributed throughout the warm regions of the world, mostly in the Old World. Despite folklore to the contrary, their bite is not poisonous. (TM), Roadrunner roadrunner or chaparral cock Either of two species of terrestrial cuckoo, especially Geococcyx californianus (family Cuculidae), of Mexican and southwestern U.S. deserts. About 22 in. (TM), Sidewinder sidewinder, common name for a rattlesnake, Crotalus cerastes, found in the deserts of the SW United States. This 2-ft (60-cm), pale yellow and pink snake is named for its curious method of locomotion. (TM) and Phoenix(TM), represent the finest available in custom-designed, volume-produced, performance motorcycles. Manufactured at the Company's corporate headquarters and manufacturing facility, and available with a variety of customized options and designs, Titan large displacement motorcycles are sold through a network of over 80 domestic and international dealers. Statements about the company's future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are "forward looking statements" 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. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion