Collectible Concepts Group Appoints Chief Financial Officer

Business Wire, May 11, 1999

CHALFONT, Pa.--(BUSINESS WIRE)--May 11, 1999--

Collectible Concepts Group Inc. (formerly USA Sports Group Inc.) (OTC BB:USAS) announced that it has appointed Jeffrey Andrews, CPA, as chief financial officer.

Andrews joins CCG from the Judge Group where he served as CFO and V.P. Strategic Planning. Andrews has extensive financial and accounting experience in the private and public sectors. He has worked for several public companies and was directly involved in the roll-up of a publicly traded subsidiary into an IPO. Andrews also worked for Ernst & Young in the area of corporate finance.

"Mr. Andrews adds new and important expertise to our expanding management organization. His hands-on financial experience in managing small public companies will be invaluable as we begin to experience the rapid business growth that we have projected," said Paul S. Lipschutz, president of CCG. CCG develops and markets licensed collectible merchandise in the entertainment and sports markets. Recently it announced that it is about to sign a collectibles merchandise license with Time Warner's, New Line Cinema Division. The license will cover the original Austin Powers film and a sequel, The Spy Who Shagged Me, which is scheduled to open in theaters on June 11, 1999.

Statements about the company's future expectations, including future revenues and earnings, and all other statements in the 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.