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Non-Tech : COLLECTIBLE CONCEPTS - CCGR

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To: Tazman who wrote (32)8/23/1999 11:27:00 AM
From: Joe Copia  Read Replies (3) of 301
 
CCGR news. please note highlights:

Monday August 23, 9:30 am Eastern Time

Company Press Release

Collectible Concepts Group ``Shhh!ips' Austin Powers' ``BAG
OF SHHH!'

CCGR Debuts Newest Austin Powers Product

DOYLESTOWN, Pa.--(BUSINESS WIRE)--Aug. 23, 1999--Collectible Concepts Group Inc. (OTC BB:CCGR) innovator and industry leader in the entertainment and sports collectibles
industry has begun shipping orders of AUSTIN POWERS' ``Dr. Evil's BAG OF SHHH!'

SPENCER GIFTS (National retail), BIG E (on the Internet) and WE'RE ENTERTAINMENT (retail and Internet), will have shelves stocked this week. Initially, over 1,000 retail locations nationwide will feature the much anticipated ``BAG OF SHHH!' and over 4,000 locations are expected in the near future.

This Shagadelic product is offered individually or boxed in a groovy display case of 12, measuring 9`` x 11 1/2`` x 2 1/4``. The suggested retail price is $9.95. The bag is silver, matching Dr. Evil's clothing.

Headquartered in historic Doylestown, Bucks County, Pa., Collectible Concepts Group Inc. develops and markets licensed collectible merchandise in the entertainment and sports industries.

CCGR is an official licensee of NEW LINE PRODUCTIONS, Inc., and produces replicas of props from AUSTIN POWERS: INTERNATIONAL MAN OF MYSTERY, the sequel, AUSTIN POWERS: THE SPY WHO SHAGGED ME and is currently in pre-production and
planning of the newest license acquisition of licensed product, Terminator and Terminator 2.


``Dr. Evil's BAG OF SHHH!', created by Collectible Concepts Group's Creative Director, Lyn Lonker, is a cotton filled bag with a sound chip that - when squeezed - says `SHHH!'...ala Dr. Evil.

Statements about the company's future expectations, including future revenue and earnings, and all
other statements in this press release other than historical facts are ``forward-looking statements'
within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends
that such forward-looking statements be subject to the safe harbors created thereby. Since these
statements involve risks and uncertainties and are subject to change at any time, the company's
actual results could differ materially from expected results.

Contact:

Collectible Concepts Group Inc., Doylestown
Steven Benson, 215/491-1075

STRONG news with more coming :)

Joe PTG&LI !!!
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