Compress Technologies in Forbes Magazine

Compress Technologies in Forbes Magazine

SARASOTA, Fla., May 8 /PRNewswire-FirstCall/ -- Compress Technologies, Inc. wishes to thank Forbes Magazine for their interest and story about Compress Technologies. The Board of Directors of Compress Technologies wish to expand on the information covered by Forbes. There are several facts that the board would like to emphasize. As stated by Forbes we have two full-time employees. We are utilizing a team of independent contractors for specific projects that we find financially beneficial for our company and our shareholders as this allows us to keep costs in check as we execute our business plan and grow the company. Further the article does not detail that CTLG has already received over a half million dollars from technology licensees for product applications currently under development. The agreement in place has the potential for adding an additional one and a half million dollars to CTLG over the next year. Also omitted from the article was the fact we acquired patented rights enabling the company to develop new revolutionary technology applications. We are currently working to develop and deploy what we believe to be very exciting technologies. These technologies are designed to expand the way broadcasting takes place in an effort to reduce costs for broadcasting companies such as cable television, FM radio and satellite. CTLG does believe there to be a "great market" for this technology and is working every day for every investor in CTLG.

Compress Technologies, Inc., (CTI), is a Nevada based technology company with regional offices in the Tampa, Florida area and Engineering laboratories in Miami, Florida. CTI 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 CTI'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."

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.

Source: Compress Technologies, Inc.

CONTACT: Tom Terwilliger, Executive VP, +1-305-628-9082,
investor_relations@coteinc.com, or John Medico, CEO, +1-941-373-1335,
ceo@coteinc.com, both for Compress Technologies, Inc.

Web site:

http://www.coteinc.com/

-------
Profile: intent