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PRESS RELEASE: Concord Camera Corp. announces the Concord Eye-Q 3341z 3 megapixel digital camera with zoom
Easy - Low Cost
16MB Internal Memory, 3X Optical Zoom, Simple Preset Exposure Settings at a Suggested Retail Price of Only $179
Las Vegas, NV - January 8, 2004 - Concord Camera Corp. ("Concord") (NASDAQ: LENS), a leading manufacturer of digital cameras, 35mm cameras, and single-use cameras, announced today at CES in Las Vegas the CONCORD EYE-Q 3341z, featuring a 3.1 Megapixel CCD sensor, 3X optical/4X digital zoom (total 12x zoom), 16MB internal memory and AVI video clips at a suggested retail price of only $179. With the Concord Eye-Q 3341z, Concord is leading the drive towards lower cost, easier to use cameras for new digital camera buyers.
The Concord Eye-Q 3341z is especially attractive to less experienced users because of its economical cost and ease of use. With only a few buttons and a lay-out design easily accessible with a thumb, the camera takes only minutes to learn how to use. 16MB of internal memory are already loaded in the camera, so users can start shooting right when they get the camera -- even if they forget to bring memory cards, don't want to use memory cards, or the card is full. The camera's SD memory card slot also allows for unlimited photo taking with an SD card and the preset exposure settings: Party/Indoor, Beach/Snow, Night Landscape, Sunset, Fireworks, and Night Portrait makes photo taking easy.
Two rechargeable NiMH AA batteries and a four battery charger are included with the camera to make it a more economical purchase, since there is no need to buy batteries. Consumers don't have to worry when to replace a battery with Concord's power meter continuously displaying battery-life on the LCD screen.
Video is a popular feature for Concord's users. High quality AVI video clips can be captured at 320x240 resolution at 30 frames per second. Many popular cameras offer video capture at only 16 frames per second. The length of video capture is only limited by the memory card size. Playback can be viewed either on the camera's 1.5" TFT LCD or a TV Monitor with the included TV cable. The Continuous Shooting Mode captures a maximum of 7 images at approximately 3 images per second for sporting events and action shots when there's no time to repeatedly press the shutter button.
The Concord Eye-Q 3341z is low cost but extremely powerful. It incorporates Concord-developed optics and advanced technology to produce larger, more refined photo enlargements while still retaining excellent resolution. A macro focus range of approximately 10 cm allows details to be seen in close up shots of the smallest items like insects, plants, and other miniature objects.
The Concord Eye-Q 3341z is now available at a suggested retail price of $179. It includes rechargeable NiMH AA batteries, a battery charger, ArcSoft Photo Impression 2000, DirectX 9.0, Adobe Acrobat Reader 5.1, a Multi-User's Guide, a Mini-USB cable, a TV cable, a wrist strap, and a pouch. The camera is compatible with Microsoft Windows 98SE, 2000, ME, XP and Mac OS 9.0 and higher. For more information, see www.concord-camera.com.
About Concord Camera Corp.
Concord Camera Corp. is a global developer, designer, manufacturer and marketer of high quality, popularly priced, digital, instant, Advanced Photo System (APS) and 35mm cameras. Concord markets its cameras under the trademarks POLAROID and CONCORD EYE-Q. Concord sells and markets its camera products worldwide through direct sales offices in the United States, Canada, Germany, Hong Kong, the United Kingdom and France and through independent sales agents. Concord manufactures its products in its vertically integrated manufacturing facilities in the People's Republic of China.
CONCORD EYE-Q is a trademark and/or registered trademark of Concord Camera Corp. in the United States and/or other countries. The POLAROID trademark is owned by Polaroid Corporation and is used by Concord under license from Polaroid. Windows is either a registered trademark or trademark of Microsoft Corporation in the United States and/or other countries. Mac is a registered trademark or trademark of Apple Computer, Inc. in the U.S. and other countries. All other brands and product names are either registered trademarks or trademarks of their respective owners.
Except for the historical matters contained herein, statements in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements, including the statements regarding anticipated or expected results and the future introduction of new products, involve risks and uncertainties which may affect the Company's business and prospects, including the risks discussed under "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended June 28, 2003 and subsequently filed reports. Any forward-looking statements contained in this press release represent our estimates only as of the date hereof, or as of such earlier dates as are indicated, and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change.
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(First posted on Friday, January 9, 2004 at 15:36 EST)