Competitive Technologies Adds to Commercialization Team.

FAIRFIELD, Conn. -- Competitive Technologies, Inc. (AMEX: CTT) today announced the appointment of Ted Kutrumbos to its commercialization team as a Business Development Executive.

Mr. Kutrumbos brings to CTT over 20 years of global sales and management experience with various companies. Most recently, he was a consultant with clients that included Sandella's, Deltaglide, Nova Cruz, Universal, Graphite Tech., Zike Bike and Empower Inc. Prior to consulting he served as Vice President of Sales and Marketing at start up Spinergy Inc., which grew to become one of the largest producers of high performance bicycle wheels in the world. Mr. Kutrumbos began his career at Cannondale Corporation, eventually serving as its president.

"We are excited to add Ted Kutrumbos to our team. He brings broad business skills and a proven track record as a dealmaker to our business development group," said Mike Kiley, Ph.D., Executive Vice President and Chief Technology Officer at Competitive Technologies, Inc.

Mr. Kutrumbos has a Bachelor of Science from Monmouth University.

About Competitive Technologies, Inc.

Competitive Technologies, established in 1968, is a full service technology transfer and licensing provider focused on the technology needs of its customers and transforming those requirements into commercially viable solutions. CTT is a global leader in identifying, developing and commercializing innovative technologies in life and physical sciences, electronics, and nanotechnologies developed by universities, companies and inventors. CTT maximizes the value of intellectual assets for the benefit of its customers, clients and shareholders. Visit our website at: www.competitivetech.net.

Statements about our future expectations, including development and regulatory plans, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of applicable Federal Securities Laws, and are not guarantees of future performance. If and when used herein, the words "anticipate," "believe," "intend," "plan," "expect," "estimate," "approximate," and similar expressions, as they relate to us or our business or management, are intended to identify such forward-looking statements. These statements involve risks and uncertainties related to market acceptance of and competition for our licensed technologies, growth strategies, operating performance, industry trends, and other risks inherent in our business, including those set forth in Item 7 under the caption "Risk Factors," in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on October 13, 2005, and other factors that may be described in our other filings with the SEC, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.