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Competitive Technologies Announces Notice Of Allowance For Second Patent


Fairfield, CT. - Competitive Technologies, Inc (AMEX: CTT) today announced that the U.S. Patent Office has issued a Notice of Allowance for the U.S. Divisional Patent Application for CTT’s nanotechnology bone biomaterial developed at the University of South Carolina (“USC”). As a result, CTT expects that a second patent will be issued relating to this technology sometime this summer. CTT has an exclusive agreement with the University of South Carolina Research Foundation to license and commercialize this injectable, calcium phosphate-based biomaterial nanotechnology. The inventor of the bone biomaterial, Dr. Brian R. Genge, is a research professor in the Department of Chemistry and Biochemistry at USC.

“The granting of this second patent recognizes the unique qualities of Dr. Genge’s innovative nanoparticle biomaterial technology,” said Dr. Mike Kiley, CTT’s Executive Vice President and Chief Technology Officer. “CTT executed an exclusive license in September 2005 with Soteira Inc.

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IB

Definition:
International Bureau - the secretariat of the WIPO which, among other functions, centralizes information of various kinds relating to the protection of intellectual property.

Information Disclosure Statement (IDS)

Definition:
A list of all patents, publications, U.S. applications, or other information submitted for consideration by the Office in a non-provisional patent application filed under 35 U.S.C. 111(a) to comply with applicant's duty.

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