Collectible Concepts Group Looks "Hot" for 2006 Championships

Collectible Concepts Group (CCNG)announced today that it will focus on hot merchandise for the January 8, 2007 football game in which the Florida Gators take on the Ohio State Buckeyes for the highly anticipated, nationally televised Tostitos BCS Championship Game. The Company's new products focused on this game are unique and truly one of a kind.

The Collectible Concepts Group 2006 Championship merchandise will consist of a championship-engraved football, a multi-purpose desk valet, bamboo cutting boards and a wooden drinking stein. The laser-engraved two-toned bamboo cutting boards are available in three sizes: small 8"x6", medium 13 1/2"x6", and a large bread board size measuring 16"x6".

The 2006 Championship canisters are available in a three-piece set. The large canister will also be available separately. The Company's 2006 Championship desk valet is a versatile item that can be an office accent or a jewelry box. The drinking stein is only available as an exclusive Championship item. All Championship products are laser-engraved with the winning team logo, and BCS Championship game logo. Production of these hot market items will start as soon as the winner of the game is determined.

Collectible Concepts Group will also add a new Super Bowl football and other Super Bowl Championship hot market products, such as the cutting boards, and desk valets at the conclusion of this year's professional football season, through a joint venture agreement (established April 30, 2006) with Gridworks, Inc. of Elgin, Iowa. Under the agreement, a new corporation called American Sports Ventures, Inc. was created to produce and market licensed high-quality wood sports collectibles.

Last year Collectible Concepts Group had tremendous, hot market success, as there were over two thousand Super Bowl XL footballs sold and the Company is expanding the hot market product line based on its success last year.

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. Licenses include over 25 colleges and universities, including: The National Basketball Association (NBA), The National Hockey League (NHL), Arena Football, and others. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccgi.

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.

Contact:
Rick McCaffrey
Investor Relations for Collectible Concepts Group
OTC Financial Network
781-444-6100 x625