updated 3/16/2011 12:47:04 PM ET 2011-03-16T16:47:04

FAIRFIELD, Conn., March 16, 2011 (GLOBE NEWSWIRE) -- Competitive Technologies, Inc. (OTCBB:CTTC) announced that a patient whose pain was successfully treated with the Company's Calmare® Pain Therapy medical device was interviewed this morning on both "Good Morning America" from ABC News and "The Early Show" from CBS News.

The patient interviewed is Alex Lambson, a high school student from Utah who along with a friend was struck by lightening last October. After leaving the hospital, Alex continued to suffer from debilitating pain as a result of the strike. Following the interviews, Alex told CTTC, "When I finally got discharged from the hospital I was still in severe pain. I was at a 10 [the highest level] on the pain scale of 1 to 10. And nothing was helping with this pain. We heard about a nearby clinic, Spero Pain Relief Therapy, that was using a new technology for relieving pain and it really has been amazing. You have to do a few treatments to get relief, but within five minutes of me getting plugged into the machine [utilizing surface electrodes], the pain almost completely disappears."

Alex received the full course of Calmare® treatments for the pain from Dr. Robert Chalmers at the Spero Pain Relief Clinic in St. George, UT. Completing all the treatments is important with this medical device as the pain relief lasts for a longer time after each treatment. Some patients, like Alex, will also require follow up, or "booster" treatments after a few weeks or months. As Alex explained it, "Now when the pain starts coming back after a treatment, the effects last longer before I need another treatment session. Now, the pain usually only drifts up to the 2 to 3 [level] and, believe me, the difference between 10 and 4 on a pain scale is huge."

Spero Pain Relief Therapy has recently opened clinics with multiple Calmare® devices in both St. George and Salt Lake City, Utah, and plans to open an additional 16 clinics utilizing about 150 devices throughout the Western US over the next 18 months, including the Phoenix, AZ region starting in July of 2011.

"We at Competitive Technologies are gratified that our Calmare® medical device is able to help this young man in his continuing recovery," said Johnnie D. Johnson, CTTC's Chief Executive Officer. "We are also proud of the work that Dr. Chalmers and Spero Pain Relief Therapy are doing to relieve the pain suffered by their patients."

About Competitive Technologies

Competitive Technologies, established in 1968, provides distribution, patent and technology transfer, sales and licensing services focused on the needs of its customers and matching those requirements with commercially viable product or technology solutions. CTTC is a global leader in identifying, developing and commercializing innovative products and technologies. CTTC's principal technology is the non-invasive Calmare® pain therapy medical device, which uses the biophysical "Scrambler Therapy" technology, and was developed in Italy by CTTC's client, Professor Giuseppe Marineo. The Calmare® 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,
         Tel: 860.434.2465, Email: info@corpirservices.com

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