Concord Camera Corp. Announces Distribution Agreement with Ingram Micro; Ingram Micro to distribute Concord's range of digital cameras from VGA to 5 MP.

Business Editors

HOLLYWOOD, Fla.--(BUSINESS WIRE)--April 14, 2004

Concord Camera Corp. ("Concord" or "Company") (NASDAQ: LENS) the award-winning leader in high-quality low-priced digital cameras, today announced it has signed an agreement with Ingram Micro Inc. (NYSE: IM), a leading technology sales, marketing and logistics company, to distribute Concord's digital cameras in the United States.

Targeted at cost-conscious consumers who want high quality digital cameras at an affordable price, Concord's line of digital cameras delivers exceptional price performance. The line ranges from easy-to-use VGA up to advanced featured 5 Megapixel cameras and includes the award winning Concord Eye-Q Go Wireless Bluetooth camera.

"Concord's relationship with Ingram Micro is an essential factor in executing our strategy of aligning with top distributors to increase our market share and penetration of digital cameras," commented Rod King, vice president and director of sales for the Americas. "We understand the value of strong distribution partners such as Ingram Micro and are ready to leverage Ingram Micro's experience and infrastructure to reach new customers."

"Concord's mid-range camera line answers the demand in retail for high quality digital cameras with a reasonable price," said Jim Harr, vice president, product management, Ingram Micro North America. "This new relationship allows Concord to expand its reach immediately through access to Ingram Micro resellers across the United States, and provides our resellers with a competitive product that is well-suited to the small- to mid-sized market."

About Ingram Micro Inc.

Ingram Micro Inc. is the world's largest technology distributor. As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services and product aggregation and distribution. The company serves 100 countries and is the only global IT distributor with operations in Asia. Ranked 81 on the Fortune 500, Ingram Micro generated $22.6 billion in revenues for fiscal year 2003. Visit www.ingrammicro.com/corp.

About Concord Camera Corp.

Concord Camera Corp. is a global developer, designer, manufacturer and marketer of high quality, popularly priced, digital, instant, Advanced Photo System (APS), and 35mm cameras. Concord markets its cameras under the trademarks CONCORD, POLAROID AND CONCORD EYE-Q. Concord sells and markets its camera products worldwide through direct sales offices in the United States, Canada, Germany, Hong Kong, the United Kingdom and France and through independent sales agents. Concord manufactures its products in its vertically integrated manufacturing facilities in the People's Republic of China. Visit www.concord-camera.com for more information.

CONCORD and CONCORD EYE-Q are trademarks and/or registered trademarks of Concord Camera Corp. in the United States and/or other countries. The POLAROID trademark is owned by Polaroid Corporation and is used by Concord under license from Polaroid. All other brands and product names are either registered trademarks or trademarks of their respective owners.

Except for the historical matters contained herein, statements in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements, including the statements regarding anticipated or expected results and the future introduction of new products, involve risks and uncertainties which may affect the Company's business and prospects, including the risks discussed under "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended June 28, 2003 and subsequently filed reports. Any forward-looking statements contained in this press release represent our estimates only as of the date hereof, or as of such earlier dates as are indicated, and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change.