Concord Camera Corp. Names Thomas P. Browne Vice President, Business Development for the Americas.

Business Editors

HOLLYWOOD, Fla.--(BUSINESS WIRE)--Dec. 8, 2003

Concord Camera Corp. ("Concord" or "Company") (NASDAQ: LENS) today announced the appointment of Thomas P. Browne as Vice President, Business Development for the Americas, effective November 10, 2003.

Mr. Browne brings to Concord extensive cross-functional, global experience building Fortune 100 brands and businesses. This includes serving from 2001-2002 as a Regional Director for Latin America for Eastman Kodak Company. While at Eastman Kodak, Mr. Browne was responsible for over 180 employees and a network of more than 4,000 stores in the region. He assessed and aligned the commercial organizations and operations in major markets and launched a distributor management model that was rolled out throughout the region.

In his new role at Concord, Mr. Browne will be directly responsible for Latin America as well as non-traditional markets in the Americas. These markets include, but are not limited to, premium/incentive, convenience stores, government, corporate/ad specialty, theme parks and TV home shopping.

Rod King, Concord's Vice President and Director of Sales for the Americas, stated, "Tom has extensive cross-functional, global experience in building brand equity and profitability with some the world's most well-respected consumer product companies, including Eastman Kodak, DIAGEO, Gillette and Pepsico Foods. We believe that the markets that Tom and his team will be addressing offer significant sales and marketing opportunities for our digital, traditional and single use cameras, and offer a strong complement to Concord's already well-established mass market retail presence."

From 1996-2001, Mr. Browne served in various positions of increasing responsibility at DIAGEO, the leading global adult beverage company culminating as Vice President and Market Director, Caribbean Region. In addition to the Caribbean, Mr. Browne was, at various times, responsible for the Latin American, Mexican and Brazilian markets. Throughout his tenure at DIAGEO, Mr. Browne increased sales and profits by aligning the commercial organizations, decreasing costs and developing global accounts such as Wal-Mart and Carrefour.

From 1984-1989 and 1992-1996, he worked for The Gillette Company serving the Central American, Caribbean, U.S. Virgin Islands and Puerto Rican markets in various sales, marketing and management roles. From 1990-1991, Mr. Browne worked in the Pepsico Foods' Frito-Lay snack food business developing new markets and channels in Puerto Rico and the U.S. Virgin Islands.

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, 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. The Polaroid trademark is owned by Polaroid Corporation and is used by Concord under license from Polaroid. CONCORD EYE Q is a trademark and/or registered trademark of Concord Camera Corp. in the United States and/or other countries.

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.