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[Fwd: "CPTC" LAUNCHES BREAKTHROUGH TECHNOLOGY]
-------- Original Message --------
Subject: "CPTC" LAUNCHES BREAKTHROUGH TECHNOLOGY
Date: Mon, 04 Mar 2002 08:59:38 +0000
From: aaron47@globalimpactmarketing.net
To: awatters@pacbell.net, android9@pacbell.net, avinstal@pacbell.net,
awtucker@pacbell.net, bank@pacbell.net, astaire@pacbell.net,
annsteve@pacbell.net, artworld@pacbell.net, ayti@pacbell.net
<http://www.compositetechcorp.com/CTC-NS-Master-lines-and-spe.gif>
<http://www.compositetechcorp.com>
*SYMBOL: CPTC ( Trading on the OTCBB)*
*Shares Outstanding: 66,500,000*
*Public Float: 6,500,000*
*INITIAL TRADING OPPORTUNITY *
*_RESEARCH SUMMARY_*
* QUOTE <http://finance.yahoo.com/q?s=CPTC.OB&d=t> | PRESS RELEASE
<http://biz.yahoo.com/prnews/020222/nef002_1.html> | SEC FILINGS
<http://www.freeedgar.com/search/FilingsResults.asp?SourcePage=CompanyList&CIK=317477&UseFrame=1&FormType=&DateFiled=&CompanyName=COMPOSITE+TECHNOLOGY+CORP>
*
* *
*Composite Technology Corporation (** Stock Symbol **C
<http://finance.yahoo.com/q?s=CPTC.OB&d=t>**P**TC*
<http://finance.yahoo.com/q?s=CPTC.OB&d=t>*)* is launching its
breakthrough composite reinforced aluminum conductor cable, targeted to
electric utility companies for the transmission and distribution of
electrical power. CPTC <http://finance.yahoo.com/q?s=CPTC.OB&d=t>?s
technology is able to transmit up to 100% more power over the same size
power lines and can be easily retrofitted on towers in existing
electrical transmission corridors. The new composite-core cable is a
solution to electricity delivery problems brought to everyone?s attention by events
in California and Brazil, which demonstrated the critical need for
additional line capacity to route power from other sources in the event
of shortages due to man-made or natural disasters, and normal peak power
demands. CPTC <http://finance.yahoo.com/q?s=CPTC.OB&d=t> is preparing
cable for a transmission line demonstration that is being finalized with
a group of US utility companies.
CTPC <http://finance.yahoo.com/q?s=CPTC.OB&d=t>?s composite-core cable is a
significant improvement over the traditional steel-core cable used
throughout the electrical power grid. It is the only cost effective way
for utility companies to satisfy the rapid increase in demand for
electricity delivery. By re-wiring existing tower systems, power
companies can save significant money and time, rather than incurring
much higher costs of developing new power-line rights-of-way that
require many years to acquire, permit and build.
*Product/Technology Advantage: *The patent pending technology utilized
in the cable was developed with grants from the US Department of Energy
and the California Energy Commission. The non-conductive core eliminates
inductive heating and electromagnetic fields produced by steel-cores,
with bench tests indicating 7-10% less energy line-loss than
conventional cable. The composite core is made from continuous glass
fibers and specific polymer resins and is 75% lighter, 25% stronger, and
has half the thermal expansion property of steel-core cables, resulting
in less line sag with a higher power capacity. CTPC
<http://finance.yahoo.com/q?s=CPTC.OB&d=t>?s cable is able to transmit
communications, including real time sensing, through optional fiber
optic lines within the composite core.
*Market Size:* The domestic market for cable replacement in the
existing 670,000 miles of transmission lines including installation cost
is approximately $2.6 billion per year, of which over $400 million is
the cost of new cable. The length of distribution lines is approximately
10 times that of transmission lines, with up to $2 billion in cable cost
required per year. There are several domestic transmission systems that
are severely constrained and would greatly benefit from the increased
capacity of the new cable. Foreign markets for CTPC
<http://finance.yahoo.com/q?s=CPTC.OB&d=t>?s cable are 10 times greater
than the US market. The Electric Power Research Institute stated in its ?Electricity
Technology Roadmap Initiative? that new polymeric cable technologies and new support
systems will not only solve the anticipated electricity delivery
problems, but also create an infrastructure that supports the
requirements of a rapidly growing digital economy.
*Management: * CTPC <http://finance.yahoo.com/q?s=CPTC.OB&d=t> management?s strengths
include commercialization of advanced materials and operating
development stage companies. They have assembled the finest
pultruded-composites specialists who have a proven track record in the
innovation of both engineered composite products and proprietary
automated production systems for economical manufacturing of products.
CTPC <http://finance.yahoo.com/q?s=CPTC.OB&d=t>?s team will allow it to
continue to innovate as it applies its technology to other state of the
art composite product systems that will include towers, structural
cables, bridges and housing systems.
*Current Activities: *CTPC <http://finance.yahoo.com/q?s=CPTC.OB&d=t>
has signed a Letter of Agreement to establish a Joint Venture (JV) in
China with Jiangsu Far East Group Company Ltd. (Far East), for the
manufacture and sale of composite-core aluminum cable in China. CTPC
<http://finance.yahoo.com/q?s=CPTC.OB&d=t> is negotiating with a US
state government for an installation to be used as the basis for
expansion of existing transmission corridors. CTPC
<http://finance.yahoo.com/q?s=CPTC.OB&d=t> has opened discussions with a
major company in South America to establish a manufacturing joint
venture operation in that region. * *
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