CPTC Gives Updated Information on Latest Patent Actions

Composite Technology Corporation has updated the viewing audience regarding its patent actions against Mercury Cable and Energy LLC (Mercury) and to correct further misrepresentations of the process recently made public by Mercury's November 23, 2009 press release.  Re-examination of Patent claims are still in progress, and CTC is certain that the legitimacy of its patent will be upheld with significant claims upon the USPTO's consideration of CTC's response.

CTC wishes to remind its shareholders, investors, partners and customers that it is acting completely within its rights developing and capitalizing on the patents and intellectual assets it rightfully owns.  CTC will persevere as it produces and markets its efficient ACCC conductor technology to the global transmission community through its CTC Cable subsidiary. Business will continue without impact.

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About CTC:

Composite Technology Corporation, based in Irvine, California, USA, develops, manufactures and sells innovative, high performance, energy efficient electrical transmission conductors through its subsidiary, CTC Cable Corporation. CTC Cable produces composite core rod for use in its patented high efficiency ACCC* conductors, which are used in electrical transmission and distribution grids. ACCC conductors perform with less line losses when compared to similar diameter conventional conductors and therefore enable power generators to reduce the amount of generation while still delivering the same power to customers. ACCC conductors also enable grid operators to reduce blackouts and brownouts by providing reserve electrical capacity, since they can be operated at higher temperatures without significant thermal line sag. The performance and longevity of CTC's ACCC conductor technology have been independently verified by certifying agencies, test centers and power grids around the world and have consistently demonstrated significant savings in upgrade capital costs and operating expenses when substituted for traditional conductors in reconductoring upgrades as well as new line construction. ACCC core, the key component of ACCC conductor, is produced by CTC Cable and delivered to licensed, qualified conductor manufacturers worldwide for ACCC conductor production and sale into local markets. Over 8000 kilometers of ACCC conductor have been installed on five continents.

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