To: akirasawa who wrote (35927 ) 12/1/1999 8:01:00 AM From: Rock_nj Respond to of 108040
Collectors Universe Named Top Collectibles E-Commerce Company by Inter@ctive Week Magazine NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Dec. 1, 1999--Inter@ctive Week, a weekly Internet trade magazine, listed Collectors Universe (Nasdaq:CLCT - news) as the highest-ranking Internet company in the ``collectibles' category of its Nov. 15, 1999 ``Internet 500' ranking of e-commerce companies. Collectors Universe offers grading and authentication and continuous auctions of rare coins and currency, sports collectibles, stamps, autographs and rare records through its Web site www.collectors.com. Collectors Universe also offers its grading and authentication services for coins, sportscards and autographs through its three co-branded sites with online auctioneer eBay. Collectors Universe was ranked the No. 102 e-commerce company by Inter@ctive Week, just behind other high profile e-commerce companies such as eToys (No. 81), Tickets.com (No. 85) and Preview Travel, (No. 101), and just ahead of iVillage.com (No. 118) and E-loan (No. 120). Earlier this year, Collectors Universe was named the ``top coin auction site' by PC Magazine and last month Yahoo!Life named Collectors Universe the web's top ``collector's' site. Collectors Universe Chairman, David Hall, commented on the company's progress for the year, ``It's flattering to get recognition for all the time, money and resources we've committed to collectibles e-commerce. The recognition has definitely increased traffic and helped sustain our substantial revenue growth. ``We've had nine consecutive quarters of revenue growth and our current comparable year quarter growth exceeds 100%. Our ranking by Inter@ctive Week underscores our success in becoming the premier collectibles company.' About Collectors Universe: Collectors Universe is the leading provider of value-added services to collectors and dealers of coins, sportscards, sports memorabilia, rare currency and rare records. Since 1986, the company has authenticated and graded more than 7.1 million collectible coins, sportscards, stamps and autographs with a declared value of million $8.7 billion. Collectors Universe also conducts high-end collectibles auctions in a multi-venue format including Internet, telephone and in-person bidding. This news release contains forward-looking statements that involve risks and uncertainties, including, but not limited to: the company's limited operating history, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, grading submission rates for rare coins and sportscards, realized average grading fees, competition, a possible decline in the popularity of some high-end collectibles, current and projected losses in the company's auction business segment, inability to increase auction revenues, the limited availability of high-end collectibles and the risk that Internet-based e-commerce providers could make exclusive arrangements with the company's competitors or other service providers. Certain of these risks and uncertainties, in addition to other risks, are more fully described in the company's Prospectus dated Nov. 4, 1999, which was part of the company's Registration Statement on Form S-1 filed with the Securities and Exchange Commission. Contact: Collectors Universe, Newport Beach Gary N. Patten, 949/567-1233 Jennifer O'Kieffe, 949/567-1325