Collectible Concepts Group Begins Airing Television Commercials

Monday July 31, 9:00 AM EDT

Collectible Concepts Group, Inc. (CCGI) announced today that its new television commercials will start today in the metro NY area on ESPN, MSG and other stations. CCGI's media marketing partner produced this series of three network quality television commercials to promote Collectible Concepts' new Sports Memories In Wood licensed product line, and drive consumers to the www.sportsmemoriesinwood.com website.

The series of television commercials were created and produced by the acclaimed, Maximum Impact Television Group of Carlsbad, California.

Paul S. Lipschutz, President of Collectible Concepts Group, stated, "We are very pleased with our new commercials as they show the rare quality and true beauty of the Sports Memories In Wood collectibles. We believe they will prove to be a major league hit with sports fans in the New York metro area. Maximum Impact Television Group did a fantastic job for us!"

About Collectible Concepts
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