CCNG(.0003)Collectible Concepts Group to Sell to Japan
Apr 10, 2007 8:00:00 AM
Copyright Business Wire 2007
DOYLESTOWN, Pa.--(BUSINESS WIRE)--
Collectible Concepts Group, Inc. ("CCGI") (OTCBB:CCNG), manufacturers of nationally branded and licensed sports memorabilia and entertainment related merchandise, announced today that it has entered into an agreement with the National Basketball Association ("NBA") to broaden its NBA license to include sales to Japan through the existing Japanese distribution channel. Interest overseas in Collectible Concept's NBA growth charts led to this expansion of its NBA license.
The NBA Growth Chart is a vibrant chart over seven and a half feet tall with a photo of popular NBA basketball players at actual height and printed on poly-vinyl material. The growth charts hang on the wall and make great gifts for sports enthusiasts or their kids. There are currently growth charts for 11 of the most popular basketball players.
President Paul Lipschutz said, "This is just the first of many opportunities Collectible Concepts has identified to expand sales of our products in new and exciting ways. We are delighted to include, Japan, the world's second largest economy as a destination for our unique licensed sports products. This transaction establishes access to additional revenue streams from an established sports fan base that we did not have access to before."
Collectible Concepts will also continue to distribute products through its established nationwide network of supermarkets, convenience stores, stadiums, catalogs and other retail outlets.
About Collectible Concepts, Inc.
Collectible Concepts Inc., in business since 1999, manufactures and markets specialty sports and entertainment products under license agreements with major sports teams and entertainment personalities. The company presently has license agreements with the National Hockey League (NHL) and the National Basketball Association (NBA).
Collectible Concepts Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "CCGI". For information contact Investor Relations at 215-491-1075.
This Press Release contains or incorporates by reference "forward-looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Collectible Concepts' operations that could differ materially from those indicated by such forward looking statements.
Source: Collectible Concepts Group, Inc.
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Collectible Concepts Group
Inc.
Doylestown
Investor Contact: Paul Lipschutz
215-491-1075
www.collectibleconcepts.com
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