For immediate release

                  COMPETITIVE TECHNOLOGIES' SHAREHOLDER-ELECTED
                      NEW BOARD OF DIRECTORS TAKES CONTROL

FAIRFIELD,  CT - (FEBRUARY 2, 2007) - COMPETITIVE TECHNOLOGIES, INC. (AMEX: CTT)
announced today that shareholders have supported the installation of a new slate
of  directors  proposed  by  the  Committee  to  Restore  Stockholder Value. The
newly-elected  Board of Directors has taken control at CTT, and has returned CTT
to  the  successful  leadership of John B. Nano as President and Chief Executive
Officer.

At  CTT's  Annual  Meeting held today at the American Stock Exchange, results of
the  recent  proxy  solicitation  affirmed  that  a  quorum  was  present at the
reconvened  meeting,  and  that  a  majority  of  shareholders  voted  for  the
Committee's  slate  of  Directors  which includes Mr. Nano, plus Ben Marcovitch,
William  L.  Reali,  Joel  M.  Evans, MD, Richard D. Hornidge, Jr., and Ralph S.
Torello.  Today's  meeting  was reconvened from the original date of January 16,
2007.

In  a  statement,  Mr. Nano said, "We thank CTT's shareholders for their vote of
support.  The  new  team  is  dedicated to delivering on our commitment to drive
revenue  growth,  improve  profitability, and significantly increase shareholder
value.  This  group brings with it a strong background of business experience, a
successful  track  record  in  managing  growth  and  complementary  management
expertise.  We  look  forward  to  working  for  the  CTT  shareholders."

ABOUT  COMPETITIVE  TECHNOLOGIES,  INC.

Competitive  Technologies,  established  in  1968,  is a full service technology
transfer and licensing provider focused on the technology needs of its customers
and transforming those requirements into commercially viable solutions. CTT is a
global  leader  in  identifying,  developing  and  commercializing  innovative
technologies  in  life,  electronic,  nano,  and  physical sciences developed by
universities,  companies  and inventors. CTT maximizes the value of intellectual
assets  for  the benefit of its customers, clients and shareholders. Visit CTT's
website:  www.competitivetech.net

Statements  about  our future expectations, including development and regulatory
plans,  and  all other statements in this document, other than historical facts,
are  "forward-looking  statements"  within  the  meaning  of  applicable Federal
Securities  Laws, and are not guarantees of future performance. If and when used
herein,  the  words  "may," "will," "should," "anticipate," "believe," "appear,"
"intend,"  "plan," "expect," "estimate," "approximate," and similar expressions,
as  they  relate  to  us or our business or management, are intended to identify
such  forward-looking  statements.  These  statements  involve  risks  and
uncertainties  related  to  our ability to obtain rights to market technologies,
market  acceptance  of  and  competition  for  our licensed technologies, growth
strategies  and  strategic  plans,  operating  performance  and financing of our
operations,  industry  trends, and other risks and uncertainties inherent in our
business, including those set forth in Item 1A under the caption "Risk Factors,"
in  our most recent Annual Report on Form 10-K for the year ended July 31, 2006,
filed with the Securities and Exchange Commission (SEC) on October 30, 2006, and
other  factors  that may be described in our 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.

Direct inquiries to:     Johnnie D. Johnson, IR Services, LLC.          E-mail:
jdjohnson@corpirservices.com
Tel. (212) 848-0275; Fax (212) 848-0218     E-mail: ctt@competitivetech.net