CORPORATE FINANCIALS ONLINE Fastest direct links to news from publicly-traded companies.

        Competitive Tech: Clarifies Status of Litigation



For Immediate Release:

CTT Clarifies Status of American Home Products/Materna Litigation

Fairfield, CT (May 30, 2000) Competitive Technologies, Inc. (AMEX:CTT)
today clarified the status of litigation filed by the University of
Colorado Foundation, Inc., The University of Colorado, Robert H. Allen
and Paul A. Seligman, plaintiffs against American Cynamid Company (now
owned by American Home Products Corp. - NYSE:AHP) involving a patent for
an improved formulation of MaternaTM, a prenatal vitamin compound sold
by the defendant. Although CTT was not and is not a party to this case,
it had a contra ct with the University and thus is entitled to a share
of any judgment. In 1997, the Federal District court ruled in favor of
the plaintiffs and awarded approximately $44.4 million, of which
approximately $5.2 million would have been CTT's share. The case was
appealed by AHP and in November 1999, the United States Court of Appeals
for the Federal Circuit vacated and remanded the decision of the Federal
District court instructing the Federal District c ourt to determine
inventorship using federal patent law s tandards and then to determine
whether damages should be awarded. On February 29, 2000 the Federal
District court heard arguments on the plaintiff's motion for judgment.
The judge's ruling has yet to be released; accordingly, the matter
remains before the court. CTT has not recognized any potential judgment
proceeds since it is unable to predict the amount of any judgment, if
any.

In a separate matter, the U.S. Supreme Court, without comment, refused
to consider an appeal by the University of Colorado and two of its
scientists relating to copyright issues involved in this case. The U.S.
Supreme Court inaction on this copyright issue has no impact upon the
inventorship matter that is pending before the Federal District Court.

About Competitive Technologies, Inc.

Competitive Technologies is a global leader in identifying, developing
and commercializing innovative life sciences, physical sciences and
digital technologies.  CTT's "ACORN" services enable the transition from
concept to corporate reality. Competitive Technologies' specialized
expertise and experience make it a valuable partner for inventors,
companies and universities of all sizes.  CTT has been responsible for
closing hundreds of licensing agreements.  CTT clients include: SONY,
Lucent Technologies, Mat sushita Electric Industrial and Ribozyme
Pharmaceuticals, Inc.  Competitive Technologies, Inc. is based in
Fairfield, Connecticut and has affiliates in Osaka, Japan and London,
England.  For more information, see www.competitivetech.net.




Statements about the Company's future expectations, including
development and regulatory plans, and all other statements in this
document other than historical facts are "forward-looking statements"
within the meaning of applicable Federal Securities Laws and are not
guarantees of future performance. These statements involve risks and
uncertainties related to market acceptance of and competition for the
Company's licensed technologies and other risks and uncertainties
inherent in CTT's business, including those set forth in Item 1 of the
Company's Form 10-K for the year ended July 31, 1999 and other factors
that may be described in CTT's filings with the SEC, and are subject to
change at any time. The Company's actual results could differ materially
from these forward-looking statements. The Company undertakes no
obligation to update publicly any forward-looking statement.


Direct CTT inquiries to:
Investor Relations                      or       Johnnie D. Johnson
Competitive Technologies, Inc.                   Strategic IR, Inc.
1960 Bronson Road                                800 Third Avenue
P.O. Box 340                                     Suite 3700
Fairfield, CT  06430                             New York, NY  10022
Tel. (203) 255-6044                              Tel. (212) 754-6565
Fax (203) 254-1102                               Fax (212) 754-4333
E-mail: ctt@competitivetech.net        E-mail: jdjohnson@strategic-ir.com

Web site:  http://www.competitivetech.net


End.