Competitive Technologies to Release Fourth Quarter Results and Host Conference Call.

FAIRFIELD, Conn. -- Competitive Technologies, Inc. (AMEX: CTT) announced today that it will release financial results for the fourth quarter and year ended July 31, 2006, on October 23, 2006, prior to the opening of the market. A conference call to discuss the results will be held on Tuesday, October 24th, at 11:00 a.m. ET. Dr. D. J. Freed, CTT's President and CEO, and senior management will host the call. Investors and others are invited to listen to the broadcast live and ask questions by dialing in at 866-831-6247 (U.S./Canada) or 617-213-8856 (International). The passcode is: 32712616.

The call will be web cast live over the Internet by going to the Investor Relations section on the Company's website at http://www.competitivetech.net. A replay will also be available on the Company's website.

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," "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 7 under the caption "Risk Factors," in our most recent Annual Report on Form 10-K for the year ended July 31, 2005, 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.