Business Services Industry

Collectible Concepts Group, Inc. Looks to Acquire Sports Related Companies

Business Wire, July 13, 2007

DOYLESTOWN, Pa. -- Collectible Concepts Group, Inc. (OTCBB:CCNG) has 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.

About Collectible Concepts Group

Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and e-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccng.> Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe", "expect", "intend", "anticipate", "estimate", "project", or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.