[2] KEY RSA Executive Joins CTT Client, NTRU.

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FAIRFIELD, CT--(BUSINESS WIRE)--Jan. 19, 2000

- Jim Kotanchik Joins NTRU as Vice President of Engineering

- NTRU Cryptography Operates 100 Times Faster Than RSA and Certicom

Competitive Technologies, Inc. (AMEX:CTT) today announced that NTRU Cryptosystems, Inc., (NTRU) a client of CTT,has appointed Jim Kotanchik as Vice President of Engineering. Prior to joining NTRU, Mr. Kotanchik was Vice President of Engineering at RSA Security (NASDAQ:RSAS), formerly Security Dynamics.

"Jim is a seasoned executive with a track record of building world-class engineering organizations in high-growth companies," said Jeffrey Hoffstein, Ph.D., NTRU President and Founder. "Jim brings a wealth of knowledge and capability to NTRU which will benefit the entire NTRU team, especially our customers and partners. We are very delighted to welcome him to NTRU."

In a release earlier today, NTRU confirms its cryptography delivers encryption, decryption, authentication and digital signature features at speeds over 100 times faster than alternative systems, including those from RSA and Certicom (Toronto:CIC), at equivalent security levels.

CTT has provided NTRU with a suite of custom incubation services to launch the company - including patent filings, support, interim business management, technology licensing, technical marketing and public relations. In return, CTT has an interest in NTRU revenues. CTT has also been instrumental in forging strategic relationships for NTRU in order to raise funding and secure tools and applications partnerships worldwide, including orchestrating a licensing and investment deal with SONY Corporation of America (NYSE:SNE) on behalf of NTRU.

"We are quite pleased to see NTRU expand its market positions" said Frank McPike, President, Competitive Technologies, Inc. "The addition of Jim Kotanchik will accelerate the process", he continued.

NTRU is ideally suited for applications where high performance, high security and low power consumption are required, such as wireless data communications, Internet music and video distribution, micropayments, e-commerce and embedded devices.

NTRU reports that unlike other technologies, NTRU resists parallel processing attacks. Likewise, its disposable-key technology allows frequent public key changes. Those properties dramatically reduce the risk of power analysis, timing attacks, and the danger of security breaches due to misplaced, lost, or intercepted keys. Perhaps most important of all, NTRU offers high levels of security without the performance sacrifices inherent in systems such as RSA and Elliptic Curve Cryptosystems (ECC), according to NTRU .

NTRU has reported its unprecedented performance advantages open up new options for security. Its superfast key generation allows the encryption of every transaction with a different public key. Disposable key use enables completely new paradigms in encryption - for example, encrypting every second of a music clip with a different key. That means, on a three-minute clip, the time and cost of breaking the encryption increase by a factor of 180. Disposable keys also allow every wireless data transaction to be encrypted with a different independent key. Unlike other systems that claim to generate multiple encryptions keys to protect media, NTRU disposable keys are completely independent of one another, dramatically enhancing security. Disposable keys will become increasingly necessary as insecure channels carry valuable data.

NTRU reports its key benefits over the competition include:

- Fast performance, even on low speed processors - Small memory footprint - Low cost to implement in hardware (fewer gates required) - Increased server performance (supports more users with fewer servers) - Reduced battery consumption

NTRU is currently participating in the RSA Conference 2000 in San Jose, CA.

About Competitive Technologies, Inc.

Competitive Technologies is a global leader in identifying, developing and commercializing innovative life sciences, physical sciences and digital technologies. Competitive Technologies' specialized expertise and experience make it a valuable partner for companies and universities of all sizes. CTT has been responsible for closing hundreds of licensing agreements. CTT clients include: SONY, Lucent Technologies, Matsushita Electric Industrial and Ribozyme Pharmaceuticals, Inc. Competitive Technologies, Inc. is based in Fairfield, Connecticut and has affiliates in Osaka, Japan and London, England.

Statements about the Company's future expectations, including development and regulatory plans, and all other statements in this document other than historical facts are "forward-looking statements" within the meaning of applicable Federal Securities Laws and are not guarantees of future performance. These statements involve risks and uncertainties related to market acceptance of and competition for the Company's licensed technologies and other risks and uncertainties inherent in CTT's business, including those set forth in Item 1 of the Company's Form 10-K for the year ended July 31, 1999 and other factors that may be described in CTT's filings with the SEC, and are subject to change at any time. The Company's actual results could differ materially from these forward-looking statements. The Company undertakes no obligation to update publicly any forward-looking statement.