Competitive Technologies Urges Stockholders to Vote in Order to Attain Quorum for Annual Meeting of Stockholders.

FAIRFIELD, Conn. -- Competitive Technologies, Inc.-(AMEX: CTT), a full service technology transfer and licensing provider, today announced that it has adjourned its 2007 Annual Meeting of Stockholders that was scheduled for today because it could not be determined at the meeting that a quorum was attained. CTT's by-laws require that a quorum of a majority of the shares of stock outstanding and entitled to vote be present in order to conduct business. There was a motion to adjourn the Annual Meeting until February 2, 2007 at 1:00 p.m. Eastern Time at the American Stock Exchange, 86 Trinity Place, New York, NY. It is anticipated that the independent Inspectors of Election will have a report as to the whether a quorum was attained and whether the motion to adjourn was approved within the next few days. Once that report is received the Company will issue a further press release.

"We appreciate those stockholders who have submitted proxies in support of the re-election of the Company's Board of Directors and we urge all Competitive Technologies stockholders to vote their shares in support of the Company nominees as soon as possible," said D.J. Freed, Ph.D., President and Chief Executive Officer. "We urge CTT stockholders who have not yet voted to do so immediately so that we can put this expensive and distracting proxy contest behind us and dedicate our full attention to managing your company."

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Stockholders also may vote by attending the reconvened Annual Meeting in person. Any CTT stockholder of record as of the close of business on November 20, 2006, who has not yet returned a proxy card, or voted by Internet or by telephone is strongly encouraged to contact Morrow & Co., Inc., a proxy solicitation firm that is assisting us in the solicitation of proxies, at 1-800-267-0201. Any stockholder who held shares in "street name" through their broker, bank or other custodian as of the close of business on November 20, 2006, may also contact such broker, bank or other custodian to receive proxy materials and vote their shares. If any stockholder has any questions or needs assistance in voting its shares, they are advised to call Morrow & Co., Inc., at 1-800-267-0201. The Company has engaged an independent firm to verify the voting results.

About Competitive Technologies, Inc.

Competitive Technologies, established in 1968, is a full service technology transfer and licensing provider, focused on bringing the intellectual property assets of its clients to the marketplace. CTT specializes in identifying, developing and commercializing innovative technologies in a variety of areas, including life and physical sciences, electronics, and nanotechnologies. Through its global distribution platform, CTT maximizes the value of its clients' intellectual property assets. For more information, please visit: 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 "may," "will," "should," "anticipate," "believe," "appear," "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 our ability to obtain rights to market technologies, market acceptance of and competition for our licensed technologies, growth strategies and strategic plans, operating performance and financing of our operations, industry trends, and other risks and uncertainties inherent in our business, including those set forth in Item 1A under the caption "Risk Factors," in our most recent Annual Report on Form 10-K for the year ended July 31, 2006, filed with the Securities and Exchange Commission ("SEC") on October 30, 2006, 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.