DGAP-News: Competitive Technologies Announces Sale of 12 Calmare(R) Pain Therapy Medical Devices to U.S. Military
ID: 464202
18.08.2011 17:31
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FAIRFIELD, Conn., 2011-08-18 17:31 CEST (GLOBE NEWSWIRE) --
Competitive Technologies, Inc. (OTCQX:CTTC) today announced that it has
received an order to ship 12 Calmare(r) devices valued at over $600,000 to nine
separate U.S. military medical facilities in the U.S. and overseas. The devices
will be shipped within the next 30 days.
About Competitive Technologies, Inc.
Competitive Technologies is a global leader in developing and commercializing
innovative products and technologies. CTTC is multifaceted, providing
distribution, patent and technology transfer, sales and licensing services.
CTTC's staff is focused on the needs of customers and matching those
requirements with commercially viable products or technology solutions.
CTTC is the licensed worldwide distributor of the non-invasive Calmare(r) pain
therapy medical device, which incorporates the biophysical 'Scrambler Therapy(tm)'
technology developed in Italy by CTTC's client, Professor Giuseppe Marineo to
treat neuropathic pain, including cancer pain. The Calmare(r) device is currently
being manufactured for sale by CTTC's partner, GEOMC Co., Ltd. of Seoul, Korea.
For more information on the device, visit www.calmarett.com. Visit CTTC's
website: www.competitivetech.net.
Statements made about our future expectations are forward-looking statements
and subject to risks and uncertainties as described in our most recent Annual
Report on Form 10-K for the year ended July 31, 2010, filed with the SEC on
October 27, 2010, and 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.
CONTACT: Direct inquiries to: Jean Wilczynski, IR Services, LLC
860.434.2465 / info@corpirservices.com
News Source: NASDAQ OMX
18.08.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Competitive Technologies, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US2045121074
WKN:
End of Announcement DGAP News-Service
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Datum: 18.08.2011 - 17:31 Uhr
Sprache: Deutsch
News-ID 464202
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