Exhibit 99.1


                                 [CONCORD LOGO]






CONTACT:
CONCORD CAMERA CORP.
BLAINE ROBINSON
VICE PRESIDENT FINANCE AND TREASURER
(954) 331-4238

                    CONCORD CAMERA CORP. REGAINS COMPLIANCE
                   WITH NASDAQ MINIMUM BID LISTING REQUIREMENT


HOLLYWOOD, FLORIDA - December 6, 2006 - Concord Camera Corp. ("Concord" or
"Company") (NASDAQ:LENSD) today announced that it received a letter from The
Nasdaq Stock Market today advising the Company that it has regained compliance
with the NASDAQ Global Market minimum bid requirement by maintaining a closing
bid price of $1.00 per share or greater for at least 10 consecutive business
days.

On June 26, 2006, Concord received a deficiency notice from the NASDAQ staff
indicating that the Company was not in compliance with NASDAQ Marketplace Rule
4450(a)(5) because the closing bid price per share for its common stock had been
trading below $1.00 for 30 consecutive business days. The Company was provided
180 days, or until December 26, 2006, in which to regain compliance.

ABOUT CONCORD CAMERA CORP.

Concord Camera Corp., through its subsidiaries, is a global provider of
popularly priced, single-use and 35mm traditional film cameras. Concord markets
and sells its cameras under the trademarks POLAROID, CONCORD and JENOPTIK
through in-house sales and marketing personnel and independent sales
representatives. The POLAROID trademark is owned by Polaroid Corporation and is
used by Concord under license from Polaroid. CONCORD is a trademark and/or
registered trademark of Concord Camera Corp. in the United States and/or other
countries. The JENOPTIK trademark is owned by Jenoptik AG and is used by Concord
under license from Jenoptik AG. Learn more about Concord Camera Corp. at
www.concord-camera.com.

Except for the historical information 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 involve risks and uncertainties that may affect
the Company's business and prospects, including the risks discussed under "Risk
Factors" and disclosures in the Company's Annual Report on Form 10-K for the
fiscal year ended July 1, 2006 and subsequently filed reports. Such
forward-looking statements include, without limitation, statements regarding
expected cost reductions; anticipated or expected results of the implementation
of the Company's restructuring initiatives, cost-reduction initiatives and new
business initiatives; the development of its business; anticipated revenues or
capital expenditures; and its ability to improve gross margin percentages on the
sale of its products and projected profits or losses. 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 in the future, we disclaim any
intent or obligation to do so, even if our estimates change.

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