Collectible Concepts Group, Inc. announced that it intends to initiate
a search for the acquisition of companies in the sports marketing or
licensed products industries.

“By locating and acquiring complementary businesses we can quickly
introduce new products, enhance our distribution, improve efficiencies
and increase our sales. Our goal is to locate businesses that will
instantly increase CCNG's revenues to over $5 million in annual sales,”
says CCNG President, Paul Lipschutz.

With over 15 years experience in the marketing, sales and distribution
of licensed products, CCNG intends to use its expertise in the
marketplace to locate appropriate businesses where sales of both
companies will be significantly enhanced by a friendly union of the
two. In addition to increased revenues, the costs of sales, marketing,
licensing and other expenditures can be reduced thus improving the
bottom line.

Collectible Concepts Group, Inc. develops and markets unique licensed
sports and entertainment collectible merchandise for specialty, mass
retail and online distribution.