Published 10-08-01
Submitted by Concord C
Concord Camera Corp. ("Concord") (NASDAQ National Market: LENS) today promised $1 million to relief efforts for the families of the firefighters and policemen who gave their lives in the pursuit of saving the lives of others during the Attack on America. In addition, Concord will match up to $250,000 of contributions made by members of its Board of Directors, Executive Officers and Employees to organizations of their choice, that support the victims and their families of the Attack on America.
"There is no question that our lives and Country will never be the same. We need to focus our attention on those who are guilty, those who assisted and sheltered them, and bring to bear the severest penalty that can be imagined, so that it sends a long and hard message that acts of terrorism will not be tolerated by any individuals and/or countries, whether they are directly or indirectly involved.
"With the passage of time, the correct decisions of our leaders and the endearing support of all Americans, we will emerge as a stronger, better nation and society. We are and will always be -- "The Land of the Free and the Home of the Brave."
"The aftermath of the events have and will continue to result in additional stress in all of our lives, so we need to be tolerant of and patient with one another. All of our lives have changed forever. We must do all we can for the families of those who were lost. Our Company has made a commitment to do so.
"We sincerely hope and pray others will take similar actions, and God Bless America!"
About Concord Camera Corp.
Concord Camera Corp. is a global developer, designer, manufacturer and marketer of high quality, low cost, digital, instant, Advanced Photo System (APS), and 35mm format cameras and 35mm, APS, and instant format single-use cameras. Concord markets its cameras under the trade names CONCORD(R), KEYSTONE(R), CONCORD EYE Q(TM), LE CLIC(R), GOLDLINE(R), APEX(R), and ARGUS(R). Today, Concord is one of the world's leaders in the single-use camera category, one of the fastest growing segments of the camera market, and the largest producer of single-use cameras in the world in private label, corporate premium and original equipment manufacturer segments of the industry. 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 expansive, vertically integrated manufacturing facilities in the Peoples Republic of China, which includes a class 10,000 "clean room" digital technology manufacturing and assembly facility.