Compress Technologies Receives $500K Fee

Compress Technologies Receives $500K Fee

SARASOTA, Fla., April 17 /PRNewswire-FirstCall/ -- Compress Technologies, Inc. , is a technology-based company with patented and protected applications that improve bandwidth and Network Topographies. John Medico, CTLG's CEO, is pleased to announce that CTLG has received $500,000.00 from its North American licensee. Ludwig Enterprises, Inc. is currently developing markets in the United States, Mexico, Canada and Haiti utilizing CTLG's revolutionary new FM-SCA technology. The company expects substantial additional licensee fees to be received during this current quarter.

CTLG anticipates use of these and addition funds 1) to expand the company's engineering and research facility including employment of additional technical staff, and 2) to seek potential strategic acquisitions and alliances.

ABOUT COMPRESS TECHNOLOGIES, INC. - Compress Technologies, Inc., (CTLG), is a Nevada based technology company with regional offices in the Tampa, Florida area and Engineering laboratories in Miami, Florida. CTLG has garnered a group of Patented and protected core technology solutions utilizing both hardware and software applications designed to improve the efficiencies of bandwidth and Network Topographies for the Cable TV, FM-SCA Radio, Satellite and Wireless Industries. Many of CTLG's technologies in short claim that they "without loss of integrity shrink the size of bandwidth for digital packets to about 2% to 5% of their original size."

You may have heard of HD or "High Definition" radio being advertised as the new wave of radio. CTLG's technology goes beyond High Definition to HDE (High Definition Expanded) radio. CTLG's High Definition Expanded radio offers more than just one or two new programs next to an existing FM radio station. Currently CTLG engineers have developed HDE to 15 channels and expect to soon move the capacity to (50) fifty MPEG 3 fully digital channels next to an existing FM radio station.

CTLG is in various stages of negotiations with several potential major companies interested in CTLG's application technology for International and Domestic deployment.

ADDITIONAL INFORMATION about Compress Technologies, Inc., as well as Corporate structure and stock capitalization, can be viewed on the Company's Web site: www.coteinc.com .

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Compress Technologies, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward- looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Compress Technologies, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

First Call Analyst:
FCMN Contact:

Source: Compress Technologies, Inc.

CONTACT: Investor Relations, investor_relations@coteinc.com, or John
Medico, CEO, Compress Technologies, Inc., +1-941-373-1335, ceo@coteinc.com

Web site:

http://www.coteinc.com/

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