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The Committee to Restore Stockholder Value
Committee to Restore Stockholder Value Urges Shareholders to Continue to Vote Against Competitive Technologies, Inc. Until Meeting on February 2, 2007
AUGUSTA, Ga., Jan. 26, 2007 (PRIME NEWSWIRE) -- The Committee to Restore Stockholder Value reminds shareholders that the Annual Meeting for the election of directors for Competitive Technologies, Inc. (AMEX:CTT) will be reconvened at the American Stock Exchange on February 2, 2007 at 1:00 PM ET. As no vote for directors was held at the Annual Meeting of Stockholders on January 16, 2007, the slate of directors of the Committee was not elected. Although the Committee believes additional votes were submitted, the Committee does not have knowledge of specific actions or conduct of the Company at the meeting which would have resulted in an inaccurate vote count or otherwise intended to defraud shareholders. Consequently, the Committee strongly urges shareholders to continue to vote their BLUE proxy card for the Committee's nominees if they have not done so already. Votes, of course, are subject to change and newly submitted proxy cards will revoke previously voted cards. Consequently, the Committee strongly requests CTT shareholders that previously voted a White proxy to send in a new BLUE proxy to support the Committee's nominees.