Exhibit 99.1

PRESS CONTACT:                           COMPANY CONTACT:
Alicia McMahon                           Joyce Dreesen
Bates USA/Midwest Public Relations       CTI Group
317.686.7805 - amcmahon@batesww.com      317.262.4666- jdreesen@ctigroup.com
               --------------------                    ---------------------


                  Correction: CTI Group Reports 3Q 2003 Results

            There was a typographical error in the Company's announcement
released November 14, 2003. This press release replaces that announcement in its
entirety.

            INDIANAPOLIS--November 17, 2003--CTI Group (Holdings) Inc.,
(OTCBB:CTIG), a premier worldwide provider of enterprise-wide software engines
and systems in the information technology industry, reported revenues of
$2,940,065 for the quarter ending September 30, 2003, compared to $2,858,998 in
the same period last year. The improvement of $81,067 was attributable to
revenues from new customers. For the nine months ended September 30, 2003,
revenues were $8,887,468 as compared to $9,072,054 for the same period last
year. The decrease in revenue of $184,586 was primarily associated with the
impact of a prior year contract renewal with a major customer that required a
reduced revenue rate structure.
            The Company reported net loss of $506,771 or $0.02 cents per share
for the quarter. The loss for the same three-month period last year was $679,980
or $0.03 loss per share. For the nine months ended September 30, 2003, the
Company reported a net loss of $946,164 or $0.04 loss per share as compared to a
net loss of $2.7 million or $0.10 loss per share in the prior year period. The
improvements were largely attributable to cost containment measures, reductions
in amortization expense and a prior period non-recurring director settlement.
            "As we seek out and act upon opportunities to improve our core
business, our focus will continue to be on our customers. Understanding customer
needs and providing solid product and service solutions that meet those needs,
is the foundation of CTI today and in the future." said Brad Houlberg, CEO, CTI
Group.

About CTI Group

CTI Group (Holdings) Inc. is a premier, worldwide provider of next-generation
billing management, telemanagement and data management software and services for
communications service providers and their corporate customers. CTI Group's
SmartBill(R), Proteus(TM) and MagnaFlex(R) offer a full array of solutions for
traffic analysis, mediation, post-billing call analysis, and customer care and
billing. CTI Group's products are in daily use by some of the top service
providers in North America and the United Kingdom, and play a trusted role in
managing telephony costs at major corporations around the world. Headquartered
in Indianapolis, CTI Group maintains overseas offices in London. For more
information, please visit CTI Group's website at www.ctigroup.com.

                                     (more)




                                        2



Safe Harbor Statement

         This release may contain "forward-looking" statements. Examples of
forward-looking statements include, but are not limited to: (a) projections of
revenue, capital expenditures, growth, prospects, dividends, capital structure
and other financial matters; (b) statements of plans and objectives of the
Company or its management or Board of Directors; (c) statements of future
economic performance; (d) statements of assumptions underlying other statements
and statements about the Company and its business relating to the future; and
(e) any statements using the words "could", "should", "anticipate", "expect",
"may", "project", "intend" "will" or similar expressions. The Company's ability
to predict projected results or the effect of events on the Company's operating
results is inherently uncertain. Forward-looking statements involve a number of
risks, uncertainties and other factors that could cause actual results to differ
materially from those discussed in this document. In addition to information
provided elsewhere in this document, shareholders should consider the following:
the risk that the Company will not be able to attract and retain customers to
purchase its products, the risk that the Company will not be able to
commercialize and market products; results of research and development;
technological advances by third parties; competition; future capital needs of
the Company; history of operating losses; dependence upon key personnel and
general economic and business conditions. Readers are referred to documents
filed by CTI Group with the U.S. Securities and Exchange Commission, including
the Form 10-KSB for its most recent fiscal year ended December 31, 2002 and the
Form 10-QSB for the quarter ending September 30, 2003.

                                      # # #





                                        3