Competitive Technologies Selected to Globally Commercialize RFID Tracking Technology

Competitive Technologies Selected to Globally Commercialize RFID Tracking Technology

FAIRFIELD, Conn., Jan. 11 /PRNewswire-FirstCall/ -- Competitive Technologies, Inc. (AMEX:CTT) announced today that it has signed an agreement with USM Systems, Ltd. (USMS) to exclusively license and commercialize worldwide USMS's patented "event-driven" information technology. Designed to capture "event driven" data through Radio Frequency Identification (RFID) as well as other methods, USMS's technology allows the movement of individuals or assets to be tracked, coordinated and managed in applications including medical patient information, homeland security, military and general business.

Specific system utilizations can include tracking of such diverse equipment as rail cars, moving at speeds up to 70 mph; coordinating medical facility assets, personnel and patients; hospital visitor and employee security; industrial employee and asset movement and authorization; manufacturing facility management and control; and transportation management and control. The system components can be configured to meet specific needs of clients to interface data collection and management, providing a single-source management tool with accumulated data adapted and distributed for use within all environments.

"CTT is proud to have been selected by USMS to globally commercialize this outstanding technology," said Dr. D. J. Freed, CTT's Executive Vice President and Chief Technology Officer. "This agreement gives CTT access to a system within the RFID technology market that is currently experiencing double-digit growth. We are already in discussion with several potential customers for this dynamic technology."

Chet Przygoda, Jr., USMS President, said, "Our company has been working for several years to develop a patented platform suite of tools that allows our strategic partners to implement single source solutions to a wide variety of problems faced by everyone today. By not limiting the methodology in acquiring "event driven" transactions, our technology allows our partners extremely wide latitude, under our current and pending patents, to provide solution across a wide spectrum of applications and users."

"This is an exciting new approach to technology which we believe will further increase our recurring revenue stream," said John B. Nano, CTT's President and CEO. "We are in a licensing marketplace with customers that demand technologies like the RFID tracking system, and our MPEG-4 visual technologies, our homocysteine assay and other technologies in our portfolio. CTT continues to leverage near-term opportunities while executing our longer- term strategies for sustained growth."

About USM Systems, Ltd.

USM Systems, Ltd. is a Michigan based corporation formed in June of 1995. USMS has developed a comprehensive set of products and systems, based within a single platform suite of tools that provide for a simple solution for those who require real time access to "Event Driven" data. "Event Driven" data might include, but is not limited to, the movement -- including tracking, finding, and management -- of various definable assets and personnel as they exist within any defined environment. USMS enjoys product and process protection under the following patents: Programmable Monitoring System and Method: Patent #5,438,607; Event Driven Information System: Patent #6,373,389; Event Driven Information System: Patent # 6,717,517. Visit USMS's website: http://www.usmsys.com/

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, electronic, nano, and physical sciences developed by universities, companies and inventors. The global market for technology transfer services is estimated at $150 billion annually. CTT maximizes the value of intellectual assets for the benefit of its customers, clients and shareholders. Visit CTT's website: http://www.competitivetech.net/

Statements about our 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 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 SEC on October 29, 2004, 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.

Direct inquiries to:
Johnnie D. Johnson, Strategic IR, Inc. E-mail: jdjohnson@strategic-ir.com
Tel. (212) 754-6565; Fax (212) 754-4333 E-mail: ctt@competitivetech.net


Source: Competitive Technologies, Inc.

CONTACT: Johnnie D. Johnson, Strategic IR, Inc., +1-212-754-6565, or
Fax, +1-212-754-4333, jdjohnson@strategic-ir.com, for Competitive
Technologies, Inc., ctt@competitivetech.net

Web site: http://www.competitivetech.net/
http://www.usmsys.com/


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