Concord Camera Corp. Wins 'Editor's Choice' Award & Receives 2 Tech TV Best of CES 2004 Nominations.Business Editors/High-Tech Writers HOLLYWOOD, Fla.--(BUSINESS WIRE)--Jan. 29, 2004 Concord Eye-Q Go Wireless Bluetooth(TM) Digital Camera is Only Digital Camera Chosen for Prestigious Popular Mechanics "Editor's Choice" Award 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) announced today that Popular Mechanics Magazine has awarded it the prestigious "Editor's Choice" Award for the Concord Eye-Q Go Wireless, the first 2 Megapixel Bluetooth(TM) enabled digital camera. The award was presented at Popular Mechanics' annual event at the 2004 Consumer Electronics Show (CES). The Concord Eye-Q Go Wireless was one of only 18 products selected out of the hundreds of new products shown at CES, and the only camera to receive an "Editor's Choice" award. In addition to the Popular Mechanics award, the Concord Eye-Q Go Wireless and the Concord Eye-Q 4360z received nominations for Tech TV's Best of CES 2004 award for "The Coolest Gear," which was voted on by the editors of Maxim Magazine, PC World and Penthouse. The Concord Eye-Q Go Wireless has received additional accolades in the press with glowing articles in The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times, New York Magazine and Gannett News Service. Designed for instant and reliable image transmission, the Concord Eye-Q Go Wireless beams images to Bluetooth(TM) compatible devices, such as mobile phones, PDAs, and laptops as well as USB-compatible computers (with the included Bluetooth(TM) adaptor). Reasonably priced at $149.99, the camera transmits photos from as far away as 30 feet. It can detect up to seven Bluetooth(TM) devices at a time, allowing the user to select the device to which to transmit. Popular Mechanics commented that the Concord Eye-Q Go Wireless is "A Bluetooth-enabled, 2-megapixel point-and-shoot camera A film or digital camera in which the focus and exposure is entirely automatic. You aim and press the button; the camera does the rest. Point-and-shoot cameras can range from cheap throw-aways to pocket-sized digitals. with a cool industrial design and the easiest way to transfer photos over Bluetooth we've seen." "We are honored to be selected as the only digital camera to receive this auspicious award from Popular Mechanics," said Urs W. Stampfli, Senior Vice President and Director of Global Sales and Marketing at Concord Camera Corp. "With this award, Popular Mechanics is recognizing the importance of transmitting images wirelessly." Targeted at cost-conscious consumers who want a high quality, high resolution digital camera at an affordable price, the Concord Eye-Q 4360z delivers exceptional price/performance with a suggested retail price of $199.99. The camera features a 4 Megapixel CCD sensor See CCD. , advanced optics, a 3x optical zoom Changing the focal length of a camera by adjusting the physical zoom lens. All zoom lenses in film cameras and digital single lens reflex (DSLR) cameras are optical zoom. Digital point-and-shoot cameras as well as consumer and prosumer video camcorders have optical zoom, but they also and 6x 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. (18x total zoom), exposure control and 30 frames per second 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. video. Concord digital cameras are widely available and can be found in a variety of channels such as mass merchandise, consumer electronics, specialty, drug and office/PC superstores. Best Buy.Com, CompUSA, Meijer, Office Max, Rite-Aid, Ritz, Target, Walgreens and Wal-Mart are just a few of the fine retailers who carry Concord digital cameras. For more information, see the Concord Camera Corp. web site at: www.concord-camera.com. 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 CONCORD, 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 trademark is owned by Polaroid Corporation and is used by Concord under license from Polaroid. 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 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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