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Collectible Concepts Group Announces Name Change and Initial Shipment of Austin Powers Merchandise.


DOYLESTOWN, Pa.--(BUSINESS WIRE)--July 6, 1999--

Collectible Concepts Group Inc. (CCGR CCGR Center for Computer Games Research
CCGR Concentric Conductor with Ground Removed
) (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:CCGR), an innovator and leader in the sports and entertainment collectibles industry -- has changed its stock symbol to CCGR (was OTC BB:USAS USAS United Students Against Sweatshops
USAS Uniform Statewide Accounting System
USAS USA Shooting
USAS Uniform School Accounting System
USAS Undergraduate Student Academic Services (Ohio State University) 
) to reflect the company's new direction.

In addition, the company has begun shipping Austin Powers merchandise, produced under license from New Line Productions Inc.

The following stores -- comprising nearly 2,000 retail locations -- have received initial shipments of the Male Symbol Charm Necklace and Female Symbol Charm Necklace: Spencer Gifts, We're Entertainment, Claire's Boutiques, New Line Cinema's online store and BigE's online store.

CCGR anticipates new orders from other major retail chains in the near future, which will include an additional 2,500 retail locations.

Based in Doylestown, Collectible Concepts Group Inc. develops and markets licensed collectible merchandise in the entertainment and sports markets. The principals of CCGR have been trend-setters in the collectibles industry since 1982, and are nationally recognized in direct response marketing, replica design and mass market distribution. CCGR is a publicly owned Publicly owned can refer to:
  • Public company, a company which is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange
  • Public ownership, of government-owned corporations
 company that trades under the stock symbol, CCGR (OTC-BB).

Statements about the company's future expectations, including future revenues and earnings, 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. The company intends that such forward-looking statements be subject to the safe harbors Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 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.

For more information, contact Collectible Concepts Group Inc., 1600 Lower State Road, Doylestown, Pa. 18901, Phone 215/491-1075, Fax 215/491-1079, e-mail: info@collectibleconcepts.com, or visit the company's Web site at www.collectibleconcepts.com.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 6, 1999
Words:295
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