Concord Camera Corp. Introduces Low Priced Power Zoom Film Camera; Concord Camera's Polaroid PZ1710 Offers 35-57mm Zoom Range for $19.99.Business Editors HOLLYWOOD, Fla.--(BUSINESS WIRE)--Jan. 5, 2004 Concord Camera Corp. ("Concord") (Nasdaq:LENS), a leader in high-quality low-priced digital, 35mm, and single-use cameras, announced today the Polaroid PZ1710 35mm zoom camera. This new power zoom camera combines a stylish silver metallic design, one-touch wide-angle & telephoto 35-57mm zoom, auto and fill-in flash, motorized mo·tor·ize tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es 1. To equip with a motor. 2. To supply with motor-driven vehicles. 3. To provide with automobiles. film load/advance/rewind and red-eye reduction - at an affordable suggested retail price of only $19.99. The Polaroid PZ1710's 35-57mm zoom provides consumers with the flexibility to capture special moments whenever and wherever they occur. Easy-to-reach buttons for wide-angle and telephoto make quick zoom selections possible when photos need to be framed quickly. The multiple flash modes for auto and fill-in flash enable the user to take pictures in any lighting condition with excellent photo results. The auto-flash works in low light conditions allowing for worry-free picture taking. With fill-in flash, photos come out perfectly lit, even if the subject is backlit An LCD screen that has its own light source from the back of the screen, making the background brighter and characters appear sharper. with bright sunshine or if there are strong shadows obscuring details on the main subject. To reduce the red-eye effect The red-eye effect in photography is the common appearance of red eyes on photographs taken with a photographic flash when the flash is too close to the lens (as with most compact cameras). which often happens when shooting portraits or at a night-time event, the camera is equipped with an automatic red-eye reduction device, which lights up and shines in the subject's eyes to contract the pupils and create more beautiful red-eye free photos. The camera is also completely motorized to automatically load, rewind and advance the film to take the worry out of loading film. "Concord Camera is always looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to make cameras more accessible to consumers," said Mr. Urs W. Stampfli, Senior Vice President and Director of Global Sales & Marketing, Concord Camera Corp. "The Polaroid PZ1710 is a major advance in this effort, with a full set of features - now at a convenient low price." Available immediately at $19.99 SRP SRP - A data link layer protocol. , the Polaroid PZ1710 may be purchased at Wal-Mart and other retail locations. See www.concord-camera.com for more information. 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 POLAROID and CONCORD EYE-Q. 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 United Kingdom and France and through independent sales agents. Concord manufactures its products in its vertically integrated manufacturing facilities in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. 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 PZ1710 is distributed, manufactured and/or sold by Concord Camera Corp. Polaroid, the Polaroid logo trademarks and the Polaroid trade dress are owned by Polaroid Corporation and are used in connection with the PZ1710 under license from Polaroid. Polaroid does not manufacture this product or provide product warranty or support. 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, 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 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 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. |
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