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To: Savant who wrote (91)9/27/2006 2:20:17 PM
From: Skywatcher  Respond to of 203
 
Composite Technology Receives Third Order From General Cable for ACCC Conductor for American Electric Power
Wednesday September 27, 8:05 am ET

IRVINE, Calif., Sept. 27 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC - News) is pleased to announce that its subsidiary, CTC Cable Corporation (CTC Cable) has received its third order from General Cable Corporation (General Cable) to provide for the delivery of ACCC conductor to American Electric Power (AEP). This third reconductoring project will use 38 linear miles of ACCC conductor to upgrade an existing 161 KV line that runs from Chamber Springs to Tontitown, Arkansas. The General Cable order has a value of nearly $1.5 million, which includes conductor, hardware, product warranty, and CTC Cable technical support.
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This is the third order of ACCC conductor destined for AEP and underscores their confidence in CTC Cable's technology and the benefit of using ACCC conductors to increase capacity on constrained transmission lines. As in previous orders, AEP has chosen a General Cable TransPower ACCC Drake 1020 kcmil conductor, which uses CTC Cable's proprietary composite core. Installation is slated for the first quarter of 2007. The ACCC light weight, high strength composite core allows for more conductive aluminum in the same diameter conductor with the same overall weight as a conventional steel core conductor, which allows ACCC conductors to carry more electricity more efficiently. The AEP line can take advantage of the reduced sag characteristics of ACCC conductors and the ability to operate at much higher temperatures than traditional conductors, thereby providing reserve capacity for crisis situations and future growth.

"A third order from American Electric Power, one of the leading power companies in our home market, is a great statement of confidence in ACCC conductors and we are very excited about the growing adoption of ACCC conductors both in the US and around the world," noted Benton Wilcoxon, CTC's Chairman and CEO.

About CTC:



To: Savant who wrote (91)10/9/2006 9:58:58 AM
From: Skywatcher  Read Replies (1) | Respond to of 203
 
BIG PARTNER
Composite Technology's EU Energy Enters Into Patent License With GE
Monday October 9, 8:05 am ET

IRVINE, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC - News) is pleased to announce that its subsidiary, EU Energy Inc., (EU Energy), has licensed certain patents from GE Energy's wind business (GE Energy). While EU Energy's range of wind turbines employ their own technology and designs, the license from GE Energy will permit EU Energy to continue to sell its traditional model DeWind D6 and D8 wind turbines incorporating the use of conventional power conversion electronics in markets where the GE patents are applicable. The DeWind D6 is available in 50Hz and 60Hz worldwide and the DeWind D8 available in 50Hz worldwide.
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Both companies will independently carry on with their respective businesses of designing, manufacturing and selling wind energy turbines, and contributing to the development of the wind energy sector. EU Energy's DeWind D8.2 and D8.1 wind turbines use a unique hydrodynamic torque converter that allows a synchronous generator to connect directly to the grid without the use of power electronics. This license is not applicable to these particular models.

Victor Abate, vice president of renewable energy for GE Energy stated: "GE Energy's wind business is actively engaged in licensing its key patents for wind turbine control technologies to help suppliers and customers meet the rapidly growing need for clean, efficient renewable wind energy."

Michael Porter, President of CTC and EU Energy stated: "The signing of this license with GE is important to fulfill terms of an Irrevocable Letter of Commitment to purchase 400 megawatts of DeWind D6 turbines for delivery in the US commencing no later than the first quarter of 2008. Developing the renewable wind energy sector is vital to any developed economy and we are pleased to be able to offer our traditional range of D6 and D8 turbines using certain of GE Energy's power electronics patent portfolio."