Compress Technologies and Verdes Monte Bello S.A. Plan Development of Central American Market

Compress Technologies and Verdes Monte Bello S.A. Plan Development of Central American Market

SARASOTA, Fla., May 16 /PRNewswire-FirstCall/ -- Compress Technologies, Inc. (Pink Sheets: CTLG), a technology based company with patented and protected applications that improve bandwidth and network topographies announced today that Verdes Monte Bello S.A., a Central American Corporation has entered negotiations to test CTLG's revolutionary FM-SCA technology with the intention of deploying it throughout their network of FM stations located in Guatemala, Panama, Nicaragua, Costa Rico, Salvador, Honduras and Belize. Verdes Monte Bello S.A., is interested in obtaining an exclusive license to incorporate the FM-SCA technology with the intent of securing the rights for Verdes Monte Bello S.A., current stations and any future expansion.

At this time the FM-SCA technology is transmitting (15) fifteen high quality signals to a receiver jointly being developed by CTLG and Ludwig Enterprises, Inc. CTLG expects that the number of transmitted channels will increase to (50) fifty.

CTLG believes this to be one of several such licensing agreements with other domestic and international companies interested in the FM-SCA technology.

The CTLG's revolutionary FM-SCA technology allows multiple digital channels to be transmitted adjacent to a conventional analogue FM signal. If you listen to any FM radio station the number next to it is always empty. CTLG's technology will transmit up to (50) fifty new fully digital broadcast channels in that unused space.

Verdes Monte Bello S.A., will utilize CTLG's (50) fifty new radio channels in each and every broadcast area throughout their chain of stations located in cities throughout the following countries, Guatemala, Panama, Nicaragua, Costa Rico, Salvador, Honduras and Belize.

This network is not just 50 channels. Network broadcast of 50 channels could be deployed in each of the (10) market areas yielding FIFTY TIMES TEN or 500 channels.

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

Web site:

http://www.coteinc.com/

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