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To: ldo79 who wrote (176)6/9/2008 1:04:04 PM
From: Skywatcher  Respond to of 203
 
More good news, stock back below a buck?
Composite Technology Broadens Conductor Markets
Monday June 9, 8:30 am ET

ACCC Conductor Projects Awarded in Western Europe and Indonesia

IRVINE, CA--(MARKET WIRE)--Jun 9, 2008 -- Composite Technology Corporation (CTC) (OTC BB:CPTC.OB - News) is pleased to announce new orders for ACCC* conductor products issued to our subsidiary, CTC Cable Corporation. The orders represent a continuation of the strong market in China as well as new market penetration for ACCC conductor in Europe and Indonesia.

The combined orders total over $4.9 million and are composed of 443 kilometers of multiple ACCC conductor sizes and accessories. The orders are a mix of ACCC conductor and ACCC core sales. Consistent with its distribution agreement, Jiangsu Far East Composite Technology Ltd continued its order flow with 300 kilometers of mixed ACCC core sizes for upcoming installations in China.

CTC Cable received an order from PT Dinamika Elektra Mandidiri on behalf of PT Ibnu Taryu of West Java, Indonesia, for over 84 kilometers of ACCC Dublin conductor for use on the New Tangerang to Cengkaren Reconductor Project. The conductor will be delivered late in the third calendar quarter of 2008.

Additionally, CTC Cable was issued an order from NEO Energia of Sevilla, Spain, for 57.3 kilometers of Amsterdam ACCC conductor and accessories for the replacement of a 66 kV line in Gallice, Spain, which is a wind farm feed to the Spanish grid.

"It is very rewarding to see the increasing global acceptance of ACCC conductor. The CTC Cable team developed its international marketing strategy well over a year ago and we are very pleased to see the solid groundwork producing new orders in the areas we targeted. Our goal is to spread ACCC conductor technology into select new geographic markets every year. This is a coordinated strategy with specific targets and milestones," stated Marv Sepe, COO of CTC and President of CTC Cable.



To: ldo79 who wrote (176)6/27/2008 11:21:33 AM
From: Skywatcher  Read Replies (1) | Respond to of 203
 
THEY LIKE IT MIKEY!...up 20% this morning
Composite Technology Completes Equity Placement With Credit Suisse
Friday June 27, 8:33 am ET

IRVINE, CA--(MARKET WIRE)--Jun 27, 2008 -- Composite Technology Corporation (CTC) (OTC BB:CPTC.OB - News) is pleased to announce that Credit Suisse Securities (Europe) Limited (Credit Suisse) has exercised its option to invest a further $40 million. Prior to this investment, Credit Suisse owned 9.3% of the outstanding shares of CTC. This sale resulted in net proceeds to CTC of $40 million.

After this investment, Credit Suisse owns approximately 23.7% of the outstanding shares of the company. Further details will be filed in a timely manner in a Form 8-K report with the Securities and Exchange Commission.

Benton Wilcoxon, Chairman and CEO of Composite Technology, stated, "We are very pleased that Credit Suisse has chosen to exercise its option to invest further in our company. This is a strong endorsement of CTC's market position and the technological advantages of ACCC conductors and DeWind D8.2 turbines have when compared to competing products. We are well positioned for growth and this investment should facilitate the negotiation and completion of significant DeWind D8.2 orders as well as expand the growth in ACCC conductor business worldwide."