Concord Camera Corp. Introduces the Concord Eye-Q 2040, a Newly Designed and Affordable 2 Megapixel Digital Camera.Business Editors HOLLYWOOD, Fla.--(BUSINESS WIRE)--Sept. 8, 2003 Concord Camera Corp. ("Concord") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :LENS) announces the introduction of the Concord Eye-Q 2040, an affordable 2-megapixel digital camera specifically designed for consumers seeking a feature rich, easy to use digital camera at a suggested retail price under $100. New Stylish Design The Concord Eye-Q 2040 has a slim-line body with a distinctive chrome-silver trim and a rubberized finish making the camera attractive and easy and comfortable to hold. Many Features The Concord Eye-Q 2040 features a 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. and a 1.5 inch color LCD display. In review mode, still images can be enlarged at 2x and 4x magnification. The camera is equipped with 7 MB of internal memory and an SD/MMC card slot A socket for inserting a printed circuit board or a PC Card (CardBus card). See PC Card. that allows for virtually unlimited storage. It also offers the capability of capturing and reviewing video clips. The 2-megapixel CMOS sensor See CMOS image sensor. allows pictures to be printed in full detail up to 8"x10" enlargements. Everything in the Package Everything you need to enjoy quality digital photography is included. In addition to the camera and its User Guide and Quick Start Guide, the convenient self-service clam-shell package contains a wide range of accessories including batteries, a CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). with photo-editing software, a USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. cable for computer connectivity, a TV cable, a camera pouch and a wrist strap. Compatibility The Concord Eye-Q 2040 is compatible with Microsoft (R) Windows (R) 98SE, 2000, ME, XP and Mac (R) OS 9.0 and higher. Pricing and Availability The Concord Eye-Q 2040 is expected to be available at major retailers in late summer, 2003 at a suggested retail price of $99.99. Concord, making technology affordable. 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 format cameras and 35mm, APS, and instant format single-use cameras. Concord markets its cameras under the trademarks POLAROID(R), CONCORD(R), KEYSTONE(R), CONCORD EYE-Q(R), LE CLIC CLIC Centre Local d'Information et de Coordination (French) CLiC Climate and Cryosphere (World Climate Research Programme project, Norway) CLIC Compact Linear Collider CLIC Connecticut Licensing Information Center (R), GOLDLINE(R), APEX(R) and ARGUS Argus (är`gəs) or Argos (är`gŏs, –gəs), in Greek mythology. 1 Many-eyed monster, also called Panoptes. He guarded Io after she had been changed into a heifer. (R). Today, Concord is one of the world's leaders in the single-use camera category, one of the fastest growing segments of the camera market, and the largest producer of single-use cameras in the world in the private label, corporate premium and original equipment manufacturer segments of the industry. 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, KEYSTONE, CONCORD EYE-Q, the CONCORD EYE-Q Logo, LE CLIC, GOLDLINE, APEX and ARGUS 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. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. Mac is a registered trademark or trademark of Apple Computer, Inc. in the U.S. and other countries. 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 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 statements regarding the future availability of new camera models, involve risks and uncertainties which may affect the Company's business and prospects, including the risks discussed under "Risk Factors" in the Company's 2002 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. and its other filings with the Securities and Exchange Commission. 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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