Collectible Concepts Group Inc. Hits a Home Run

Business Wire, Feb 13, 2007

DOYLESTOWN, Pa. -- Collectible Concepts Group, Inc. (OTCBB:CCNG), manufacturers and distributors of nationally branded and licensed sports memorabilia and entertainment related merchandise announced today that it has received an order for over 5,000 baseballs to be manufactured carrying the logos of five major league baseball teams. The baseballs are slated to be sold by LTD Commodities, a major catalogue and Business to Business supplier located in Chicago.

Paul Lipschutz, President said that this opening order, valued at over $40,000, is important to the company opening the door to several repeat orders for baseballs and other licensed products. Mr. Lipschutz said, "With newly arranged financing, the employment of a National Sales Manager, and newly acquired national sports licenses, our company is positioned for rapid growth. Recently we added Meijer, a major mid-western regional retail chain to our growing retail account list.

"There is a growing consumer interest in sports novelty and fan related items and we have expanded the company to take advantage of the increased business."

About Collectible Concepts, Inc.

Collectible Concepts Inc., in business since 1991, 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 "CCNGI." 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 Collectible Concepts Group 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 Concept operations that could differ materially from those indicated by such forward looking statements.