North Providence, RI -- Competitive Technologies, Inc. (NYSE Amex: CTT) announced that its Calmare® Therapy Treatment medical device has been commercially launched at Rhode Island-based Calmar Pain Relief, LLC's first Pain Therapy Center in North Providence, RI. CTT and Calmar demonstrated and reviewed the benefits of this innovative, non-invasive pain management therapy at a press briefing here, today.

"Calmare Therapy Treatment is a non-invasive medical device for treating high intensity oncologic and neuropathic pain, including pain resistant to morphine, without the adverse and harmful side effects linked to narcotic painkillers," said John B. Nano, CTT's Chairman, President and CEO. "We are thrilled to showcase this success story to the media and to a Korean delegation that included company leaders from GEOMC Co, Ltd., our device manufacturer, as well as representatives from an institutional investment group. Everyone is impressed with Calmar's state-of-the-art facilities in North Providence where, with four of our Calmare Therapy Treatment devices, as many as 30 patients can be treated each day."

"As a physician, I appreciate the opportunity to participate in the continuing evolution of pain relief therapy," said Dr. Stephen D'Amato, Calmar Pain Relief's Medical Director, "and be able to relieve the suffering of patients, particularly within the context of my medical oath 'Primum Non Nocere' (first do no harm). Calmare is a non-addictive therapy, in sharp contrast to the host of pain killers on the market today." A 1976 graduate of the University of Padua, in Italy, Dr. D'Amato used his fluency in Italian when he met with Calmare inventor Prof. Giuseppe Marineo, in Rome last year to learn the advanced applications of the pain therapy medical device. Dr. D'Amato is the premier U.S. medical expert in the use of CTT's Calmare Therapy Treatment.
"We are quite pleased to be here due to the importance of the US market for our overall commercial success," said Seung Bum Oh, GEOMC's Executive Vice President. "We are impressed with this business model and are fully committed to ensuring that our manufacturing capacity supports the growing worldwide order pattern."

"Calmar Pain Relief is excited about our first clinic here in Providence, which has been successfully treating patients suffering from severe pain since November of 2009," said Robert Smith, Calmar Pain Relief Managing Member. "Our business plan calls for the opening of similar pain treatment clinics featuring CTT's Calmare Therapy Treatment devices in ten additional U.S. cities in the next 24 months."

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