Concord Camera Corp. Introduces the Concord Eye-Q 3040 AF, a Popularly Priced 3 Megapixel Digital Camera.Business Editors HOLLYWOOD, Fla.--(BUSINESS WIRE)--Sept. 9, 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 3040 AF, a sleek, highly featured 3-megapixel digital camera. Affordable, Innovative Technology The Concord Eye-Q 3040 AF is one of the first cameras in the market that combines the latest CMOS sensor See CMOS image sensor. technology with a high resolution, all glass auto focus lens for precise exposure control. This technology allows users to take sharp, clear pictures and to obtain quality prints and enlargements up to 11"x14". At a suggested retail price of less than $130, the Concord Eye-Q 3040 AF is a rare find for a true 3-megapixel digital camera. New Sleek Design The Concord Eye-Q 3040 AF has a compact body with a curved design that offers an attractive modern look. Many Features The Concord Eye-Q 3040 AF features a 3-megapixel CMOS sensor, 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. , a 1.6 inch color LCD, auto focus that allows for easy shooting at any range, 7 MB of internal memory, 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, video clip A short video presentation. capability and a macro setting for close up photography. In the review mode, still images can be enlarged at 2x and 4x magnification. Complete Accessories The Concord Eye-Q 3040AF comes in a gift-box. In addition to the camera and its User Guide and Quick Start Guide, each package contains 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, a TV cable, batteries, a camera pouch and a wrist strap. Compatibility The Concord Eye-Q 3040AF 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 3040AF is expected to be available at major retailers in early Fall, 2003 at a suggested retail price is $129.99. 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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