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To: caly who wrote (115)2/15/2007 11:09:35 AM
From: caly  Read Replies (2) | Respond to of 203
 
Composite Technology Announces Cable Order for China

Thursday February 15, 8:05 am ET

ACCC Cable for the Gezhouba Dam Project

IRVINE, Calif., Feb. 15 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC - News) is pleased to announce a new order for 200 kilometers (124 miles) of ACCC Conductor for use on the Chinese electrical grid. The order issued to our subsidiary, CTC Cable Corporation, by Far East Composite Technology Company, a subsidiary of Jiangsu New Far East Cable Corporation (Far East), is valued at approximately $2.7 million. The ordered cable is for the Hubei Province Electric Power Company's Gezhouba Dam Project and represents the latest project awarded under the recently executed Distribution Agreement with Far East for ACCC conductor and accessories. CTC Cable has received over 625 kilometers (388 miles) of new ACCC conductor orders in the last eight weeks. The anticipated May installation will bring the installed base of ACCC conductor to over 1300 kilometers (808 miles) worldwide.

biz.yahoo.com