Profile: Competitive Technologies Inc (CTT)

Competitive Technologies, Inc. (CTT), incorporated in 1971, provides distribution, patent and technology transfer, sales and licensing services focusing on the needs of its customers, matching those requirements with commercially viable technology or product solutions. The Company develops relationships with universities, companies, inventors and patent or intellectual property holders to obtain the rights or a license to their technology, or to their product. They become its clients, for whom the Company finds markets to sell or further develop or distribute their technology or product. CTT also develops relationships with those who have a need or use for technologies or products. They become its customers, usually through a license or sublicense, or distribution agreement.

The Company earns revenues principally from licensing its clients' and its own technologies to its customer licensees, and in a business model that allows CTT to share in the profits of distribution of finished products. The Company acquires rights to commercialize a technology or product on an exclusive or non-exclusive basis, worldwide or limited to a specific geographic area. When CTT licenses or sublicenses those rights to its customers, it may limit rights to a defined field of use. Technologies can be early, mid, or late stage. Other technologies in CTT life sciences portfolio, many of which are subject to testing, clinical trials and approvals, include nanotechnology bone cement biomaterial with a range of applications, including dental, spinal and other bone related applications. The Company’s applied science/electronics portfolio includes encryption technology, video and audio signal processing technology, radio alert warning system and structural steel fissure detection paint.