Composite Technology Announces New ACCC Conductor Market Penetration

IRVINE, CA, Mar 31 (MARKET WIRE) --
Composite Technology Corporation (CTC) (OTCBB: CPTC) is pleased to
announce an order from a new market for ACCC(TM) conductor issued to our
subsidiary, CTC Cable Corporation. The order is significant as it
represents additional global market penetration for CTC.

The order, valued in excess of $2.7 million, provides 165 kilometers of
ACCC(TM) conductor and hardware for the replacement of aging power lines
operated by the Comision Federal De Electricidad (CFE) in the La Paz to Cabo
San Lucas region of Baja California in Mexico. The contract was awarded by
Comision Federal De Electricidad Subarea de Transmision La Paz and is
scheduled for installation this summer. Jordana Electric of Calexico,
California will act as the administrator of the contract for CFE. This is the
first significant use of ACCC(TM) conductor in Mexico. ACCC(TM) conductor is now
in use in over 2000 miles of transmission and distribution grids in the U.S.
and China. Mexico and Latin America represent a large growth market for CTC
Cable. The project will use the Linnet conductor size of ACCC(TM) conductor.
Aluminum stranding will be done by General Cable in LaMalbaie, Canada.

"We are very pleased to announce this new order, which represents another
step
toward the use of ACCC(TM) conductor globally. Power grids in every country
need to move power efficiently and ACCC(TM) conductor has proven it is a
tremendous tool to reduce electrical losses and increase capacity. This award is
the result of our focused effort to expand the use of ACCC(TM) conductors
into new geographic markets. We put forth a considerable effort this past
year working toward type certification of ACCC(TM) conductor in Mexico,"
stated Marv Sepe, COO of CTC and President of CTC Cable.

About Comision Federal De Electricidad (CFE)

Comision Federal De Electricidad (CFE) is a decentralized public entity of
the Mexican Federal Government created by decree of the legislative branch of
the Mexican Congress in 1937. CFE mainly renders public utility electric
energy
service throughout Mexico, which consists of generating, conveying,
transforming,
distributing and supplying electric energy, as well as planning and carrying
out all the projects, installations and works required by the national
electricity system with respect to planning, execution, operation and
maintenance,
with the applicable participation of independent energy producers. CFE
operates through thirteen regional branches.

About CTC:

Composite Technology Corporation, based in Irvine, California, USA develops,
manufactures and sells innovative high performance electrical transmission and
renewable energy generation products through its
subsidiaries:

-- CTC Cable Corporation produces composite rod for use in its patented
ACCC(TM) (Aluminum Conductor Composite Core) conductors, which are "high
efficiency conductors" for use in electrical transmission grid systems.
ACCC(TM) conductors demonstrate less electricity line losses when compared
with conventional conductors and when deployed in place of conventional
conductors on existing systems, the higher efficiency of ACCC(TM) conductors
enables power generators to reduce the amount of power they must generate
while still delivering the same power to the customers. They have also
demonstrated significant savings in upgrade capital costs and operating
expenses when substituted in grid systems for other conductors. ACCC(TM)
conductors enable grid operators to reduce blackouts and brownouts,
providing a 'reserve electrical capacity' by operating at higher
temperatures without significant thermal sag of the lines. ACCC(TM)
conductors
are an innovative economical solution for reconductoring power lines,
constructing new lines and crossing large spans. ACCC(TM) composite core is
delivered to qualified conductor manufacturers worldwide for local ACCC(TM)
conductor production and resale into local markets.

-- DeWind Inc. designs, produces, and sells the DeWind series of wind
energy turbines, including the new 2 megawatt (MW) D8.2 model available in
both 60Hz and 50Hz; the 2MW D8 model in 50Hz; and the 1.25MW D6 model in
50Hz. The new D8.2 has been operating since early 2007 at Cuxhaven,
Germany, and utilizes the advanced WinDrive(R) hydrodynamic torque
converter developed by Voith AG in combination with a synchronous AC
generator with high voltage output that is connected directly to the grid
without the use of power conversion electronics. The first 60Hz D8.2 is now
operating at Sweetwater, Texas, where it will initially be used for
demonstration to North American customers. DeWind D8.2 turbines are now
being assembled at TECO Westinghouse Motor Co., in Texas for our North and
South American customers.

For further information visit our website: www.compositetechcorp.com.

This press release may contain forward-looking statements, as defined in the
Securities Reform Act of 1995 (the "Reform Act"). The safe harbor for
forward-looking statements provided to companies by the Reform Act does
notapply to Composite Technology Corporation (the "Company"). However, actual
events or results may differ from the Company's expectations on a negative or
positive basis and are subject to a number of known and unknown risks and
uncertainties including, but not limited to, competition with larger companies,
development of and demand for a new technology, risks associated with a startup
company, the ability of the company to convert quotations and framework
agreements
into firm orders, our customers' fulfillment of payment obligations under
the respective supply agreement, our ability to deliver reliable turbines on
a timely basis, general economic conditions, the availability of funds for
capital
expenditure by customers, availability of timely financing, cash flow, securing
sufficient quantities of essential raw materials, timely delivery by suppliers,
ability to produce the turbines and acquire their components, ability to
maintainquality control, collection-related and currency risks from
international transactions,
the successful outcome of joint venture negotiations, or the Company's
ability to manage growth. Other risk factors attributable to the Company's
business may affect the actual results achieved by the Company, including those
that are found in the Company's Annual Report filed with the SEC on Form 10-K
for fiscal year ended September 30, 2007 and subsequent Quarterly Reports on
Form 10-Q and subsequent Current Reports filed on Form 8-K that will be included
with or prior to the filing of the Company's next Quarterly or Annual Report.

Investor Relations Contact:
James Carswell
+1-949-428-8500

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