Collectible Concepts Enters into LogoLite Joint Venture.Business Editors DOYLESTOWN, Penn.--(BUSINESS WIRE)--Feb. 3, 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 innovator in the collectibles and pop-culture industry, announced today that it has entered into a Joint Venture with Jade Accessories, Inc. of Willow Grove, Pennsylvania Willow Grove is a census-designated place (CDP) in Montgomery County, Pennsylvania, about 10 miles north of Philadelphia. The population was 16,234 at the 2000 census. It is the home of the Naval Air Station Willow Grove. . The joint venture will provide and market the innovative, new line of LogoLite(TM) flashing mobile phone batteries to retailers around the world. "The LogoLite(TM) battery is an exciting new product concept," said Paul Lipschutz, CCGI president. "We expect to produce the LogoLite(TM) with popular licensed images that will have a broad market appeal including logos for universities, sports teams and images of pop-culture characters," Lipschutz said. "The licensed logos and images will provide a certain brand equity value to LogoLite(TM) batteries, greatly enhancing their appeal in the general marketplace." When a mobile phone powered by a long life, LogoLite(TM) battery is activated either by receiving or making a call, the battery begins flashing in a prescribed pre·scribe v. pre·scribed, pre·scrib·ing, pre·scribes v.tr. 1. To set down as a rule or guide; enjoin. See Synonyms at dictate. 2. To order the use of (a medicine or other treatment). pattern displaying the image or logo that was quality, laser-cut into the battery cover. The LogoLite(TM) flashing battery line is made up of high quality replacement batteries for most popular mobile telephones. "The LogoLite(TM) battery doesn't simply flash in random colors and patterns," said Lipschutz, "it is manufactured with specific images such as company, team or school logos, quality laser-cut into the battery case. In fact, any image and a variety of flashing patterns may be utilized in this innovative new product." In addition to standard offerings, LogoLite(TM) batteries may be special ordered for use by specific organizations or institutions to display their logo or other image including the selection of colors not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color and flashing patterns. 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 The original code name for Microsoft Network. 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. : National Financial Network, Rick McCaffrey, rick@otcfn.com, 781-444-6100, ext. 621 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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