Composite Technology Joins Administration's First Cabinet Level Trade Mission

IRVINE, Calif., May 25 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC) has been selected by the U.S. Department of Commerce to accompany Commerce Secretary Gary Locke on the premiere trade mission of the Obama administration to China.  CTC is one of 24 leading corporations in the clean energy field invited to promote U.S. exports and support American jobs.

CTC's Chief Operating Officer Marvin Sepe has joined executives of General Electric, Duke Energy, Peabody Energy, the Boeing Company and other business leaders on the senior delegation visiting Hong Kong, Shanghai and Beijing, China to meet with government officials, energy industry experts and leading Chinese businesses.

CTC's subsidiary CTC Cable has a long history of successfully providing its high efficiency ACCC® conductor throughout China to improve the capacity and efficiency of that nation's power grid. It has been officially designated by the Chinese State Grid as a "green product" for use throughout the country.

China's rapid economic growth has been accompanied by a huge increase in demand for energy and has experienced a collateral dramatic jump in greenhouse gas emissions. The country has enacted new rigid guidelines for reducing major pollutants and greenhouse gases creating an important opportunity for American companies to provide a wide range of clean energy technologies.

"We have joined some of the finest U.S. companies in bringing advanced energy efficient products and services to fulfill the huge Chinese appetite," said Marvin Sepe, CTC's Chief Operating Officer. "We look forward to once again showcasing our cutting edge conductor technology to policy makers guiding the expanding electrical grid in China and supporting this essential global relationship."

The performance and longevity of CTC's conductor technology has been independently verified by certifying agents, test centers and power grids on five continents. It has consistently demonstrated significant savings in upgrade capital costs and operating expenses when substituted for traditional conductors in upgrades and new line construction.

SOURCE Composite Technology Corporation