Exhibit 99.1 July 27, 1999 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Commissioners: We have read the statements made by CTI Industries Corporation (the "Company") (copy attached), which we understand will be filed with the Commission, pursuant to Item 4 of Form 8-K, as part of the Company's Form 8-K report dated July 27, 1999. We agree with the statements concerning our firm, except we are not in a position to agree or disagree with Company's statements that: 1. Effective July 27, 1999, the Company engaged Grant Thornton LLP as the Registrant's principal account. 2. The decision to change accounts was approved on July 23, 1999. Very truly yours, /s/PricewaterhouseCoopers, LLP 5