Collectible Concepts Group Signs Licensing Agreement With Publishers of Chicken Soup For The Soul Book Series.Business Editors DOYLESTOWN, Pa.--(BUSINESS WIRE)--June 19, 2000 CCGR CCGR Center for Computer Games Research CCGR Concentric Conductor with Ground Removed to Market Collectibles Based On the Best-selling 'Chicken Soup' Series, With 55 Million Books Sold Worldwide Under 30 Related Titles Many More Set for Release Collectible Concepts Group, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CCGR) has signed a multi-year licensing agreement with Chicken Soup chicken soup Chicken broth Folk medicine Jewish penicillin A fowl broth with a long tradition as a home remedy for URIs, which may be a nasal decongestant, inhibit growth of pneumococci in vitro, and stimulate immune responsiveness in WBCs Mainstream medicine A for the Soul Enterprises, Inc. to market collectibles related to the inspirational Chicken Soup For The Soul books, the runaway best-selling series that has been one of the most successful publishing stories of the last decade. Under the licensing agreement, CCGR will oversee the development of more than two dozen collectibles to be sold in bookstores and other retail chains. The collectibles will include penholders, nightlights and sports-related items such as tennis racket covers, all carrying an inspirational phrase from a Chicken Soup book. The series has been a publishing phenomenon since the mid-1990s when Chicken Soup for the Soul: 101 Stories to Open the Heart and Rekindle re·kin·dle tr.v. re·kin·dled, re·kin·dling, re·kin·dles 1. To relight (a fire). 2. To revive or renew: rekindled an old interest in the sciences. the Spirit became a No. 1 best seller. That book was followed by a number of related sequels, including, Chicken Soup for the Mother's Soul, for the Pet Lover's Soul, for the Teenage Soul, and for the Soul at Work. Chicken Soup books have been on The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times Best Seller list continually since 1994, and there have been many periods with several Chicken Soup books on various The New York Times best-seller lists simultaneously. The authors are Jack Canfield can·field n. Games A form of solitaire. [After Richard Albert Canfield (1855-1914), American gambler.] Noun 1. and Mark Victor Mark Victor is a screenwriter. He co-wrote Poltergeist (1982), (1986), and Cool World (1992). Hansen. "Signing the Chicken Soup series marks a significant expansion into a new product category that allows us to leverage a high visibility product with our development and marketing assets," notes Collectible Concepts chairman and chief executive officer Paul Lipschutz. "This agreement also will expand Collectible Concepts' distribution chain into bookstores with a property poised for ongoing sales through the release of some 30 new titles in the years ahead." Lois N. Sloane, president of SloaneVision Unlimited, Inc., the company that handles licensing for Chicken Soup Enterprises Inc., said, "We chose Collectible Concepts because they understand the collectible market so well, maintain high product standards and can quickly scale up volumes. We are now very excited about the initial product designs." The Chicken Soup collection also has been made into a one-hour television anthology series An anthology series is a radio or television series that has a different story and a different set of characters in every episode. Typically, the only constant is the host, who introduces and concludes each program. on PAX TV shown Tuesday's at 8:00 p.m. The series includes feature film and television actors as guest stars in interpretations of inspirational stories drawn from the books. Other notable achievements of the Chicken Soup series include the following: -- Chicken Soup for the Kid's Soul was chosen as the "Favorite Book" in the 1999 Nickelodeon's Kid's Choice Awards; -- Chicken Soup for the Teenage Soul was voted No. 1 book in Seventeen Magazine's 10th Annual Readers' Poll. CCGR will exploit the books' success with four categories of collectibles as follows: (1) desktop collectibles such as paperweights, pen and paperclip holders; (2) jewelry, including earrings and pendants; (3) gifts, such as socks, recipe journals and breakfast trays; and (4) sports-related items, including water bottles and sports bags. Lipschutz said he expects the first products to be distributed beginning in January 2001. Those first products will be flowerpots, engraved en·grave tr.v. en·graved, en·grav·ing, en·graves 1. To carve, cut, or etch into a material: engraved the champion's name on the trophy. 2. with inspirational sayings, to accompany Chicken Soup for the Gardener's Soul, scheduled for release in February 2001. 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 an official licensee of New Line Productions, Inc., and produces replicas of props for 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 is also creating collectible merchandise for the Terminator and Terminator 2 motion pictures and is currently building the Official Terminator Collector's Club at www.terminatorclub.com. CCGR recently acquired the Mini-V website at www.mini-v.com, which features Austin Powers' star Verne J. Troyer. Currently, CCGR is developing the X-Men Collector's Club, www.xmenclub.com, and a variety of X-Men products under license from Marvel Comics. For baseball fans and collectors, CCGR recently launched www.collectbaseball.com, which features authentic baseball memorabilia. CCGR plans to market Music Arts products to retailers as well as on its own forthcoming website, www.collectmusicart.com. Stock quotes for CCGR are available at www.bloomberg.com. 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 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. 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. |
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