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To: Ray who wrote (3557)	4/15/1999 2:16:00 PM
From: Tom Hoff	Read Replies (2) \| Respond to of 8393

We should be next in line in this royalty food chain, this is good news. Competitive Technologies Reports Increased Royalty Growth From Laser Diode Technology Used In DVD-RAM Drives FAIRFIELD, Conn.--(BUSINESS WIRE)--April 15, 1999-- DVD-RAM Drives Begin to Gain Acceptance in Market Market For DVD-RAM Drives Expected to Grow From 200,000 Units in 1998 to 9 Million Units in 2000 Competitive Technologies, Inc. (AMEX: CTT), today reported retained royalties of $133,000 from its laser diode technology used in DVD-RAM drives for PCs and other optical storage devices for the first six months of fiscal 1999. This represents a 22% increase over the prior year comparable period. This follows CTT's announcement on January 26, 1999 of the grant of a non-exclusive license to Mitsubishi Electric Corporation. Mitsubishi is the third corporation to take a license to this technology. CTT has targeted other electronics companies worldwide and continues an aggressive licensing campaign. Frank McPike, President of CTT stated "DVD-RAM sales are just beginning to take off and we are positioning our Company and our client, the University of Illinois, to benefit as consumers begin to add DVD-RAM to their PC's. We expect to see our royalties continue to grow as sales of DVD-RAM drives increase and as we add to our list of licensees. Our $133,000 royalty payment for the first half of fiscal 1999 is revenue of about $0.02 a share for us and we would expect that number to be substantially higher in the second half." Market growth for DVD-RAM drives, worldwide is expected to grow from 200,000 units in 1998 to 9 million units in the year 2000. Drives for DVD-RAM have begun making their appearance at retail outlets for as little as $500. These drives can record and re-record, or rewrite data onto DVD drives.