Concord Camera Corp. Announces New ``Impulse Buy'' Line of 3 & 4 Megapixel Digital Cameras for under $100.ORLANDO, Fla. -- Concord Camera Corp. ("Concord") (Nasdaq:LENSE), a leader in award-winning, high-quality, affordably-priced cameras, announced today a new line of digital cameras positioned as "Impulse Buys" at the Photo Marketing Association Trade Show (PMA PMA (papillary-marginal-attached), n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation. PMA Progressive muscular atrophy ). Designed to be the ideal camera for first time digital camera users as an excellent gift, Concord's 3047 and 4042 take great pictures and are priced to sell at $79 and $99 respectively. 3 Megapixel Concord 3047 Super Slim Body Priced at only $79.99, the 3 Megapixel Concord 3047 offers consumers unprecedented style and value -- with features only available in much more expensive cameras, including an all-metal housing, white balance and exposure settings, 4x digital zoom Simulating a longer focal length in a digital camera via software. The digital zoom is accomplished via image enhancement software within the camera itself rather than the inherent mechanics of the physical zoom lens. For more details, see optical zoom. , AVI (Audio Video Interleaved) A Windows multimedia video format from Microsoft. It interleaves standard waveform audio and digital video frames (bitmaps) to provide reduced animation at 15 fps at 160x120x8 resolution. Audio is 11,025Hz, 8-bit samples. movie, burst mode, 1.5" color TFT LCD (Thin Film Transistor LCD) See LCD. , and built-in 16MB of memory. With dimensions of .94" (width) x 2.3" (height) x 3.5" (length), the super slim Concord 3047 is ideal for on-the-go consumers. For added convenience, the Concord 3047 functions as a PC camera as well. The Concord 3047 is similar to the Concord 3043 (previously announced at Photokina 2004), but with a larger 1.8" LCD and more color choices and is available in Metallic Silver. 4 Megapixel Concord 4042 with Easy Power-Up Priced at $99, the compact Concord 4042 4 Megapixel digital camera features a unique "quick click" sliding power-up button strategically located on the front of the camera that enables users to quickly turn the camera on, so that they never miss a great photo opportunity. The Concord 4042 combines a 4x digital zoom and a 1.5" color LCD with pre-set exposure and shutter (1) An opaque window that is moved in one direction to let light in and in another to close off the light. In fixed-lens cameras, one shutter often suffices for aperture and speed. settings for mistake-free photo lighting. The camera's voice recording feature enables users to record voice memos on still images while shooting so they always remember who is in every shot. The Concord 4042 also takes MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). movies with sound up to 15 frames per second that can easily be emailed to family and friends, comes with 16MB of internal memory, and is expected to be available in March 2005. For more information, see the web site: http://www.concord-camera.com. About Concord Camera Corp. Concord Camera Corp., through its subsidiaries, is a global producer of popularly priced, digital, 35mm traditional and single use cameras. Concord markets its cameras under the trademarks POLAROID, CONCORD, CONCORD EYE Q and JENOPTIK. Concord sells and markets its camera products worldwide through direct sales offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Germany, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , the Peoples Republic of China, the United Kingdom, Japan and France and through independent sales agents. The Polaroid trademark is owned by Polaroid Corporation and is used by Concord under license from Polaroid. CONCORD and CONCORD EYE Q are trademarks and/or registered trademarks of Concord Camera Corp. in the United States and/or other countries. The JENOPTIK trademark is owned by Jenoptik AG and is used by Concord under license from Jenoptik AG. Learn more about Concord Camera Corp. at http://www.concord-camera.com. Except for the historical matters contained herein, statements in this press release are forward-looking and are made pursuant to the safe harbor 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. provisions 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. Investors are cautioned that 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. , including the statements regarding expected cost savings, our ability to meet customer demands and fulfill customer service obligations and anticipated or expected results and the future implementation of our strategic plan, in particular, the restructuring plan, cost-reductions initiatives and anticipated financial benefits of significantly reducing our reliance on internally designed and manufactured digital cameras and increasing the design and co-development of digital cameras with contract manufacturers, 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended July 3, 2004 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. Note to Editors: For photo of the 3047, click: http://www.thomas-pr.com/136/photos/concord3047.html For photo of the 4042, click: http://www.thomas-pr.com/136/photos/concord4042.html For photo of 3043, click: http://www.thomas-pr.com/136/photos/concord3043new.html |
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