Composite Technology to Host Conference Call to Discuss First Quarter Results
February 08 2011 - 8:00AM
Marketwired
Composite Technology Corporation (CTC) (OTCBB: CPTC) announced
today that management plans to host a conference call on Wednesday,
February 9, 2011, at 1:30 PM Pacific time (4:30 PM Eastern time) to
discuss results for the Quarter ending December 31, 2010. Analysts
and institutional investors may participate by calling
877-317-6789, or internationally by dialing +1-412-317-6789.
An audio webcast will be available at
http://viavid.net/dce.aspx?sid=0000817E and the broadcast will be
archived and available for replay for one year.
CTC expects to file its Form 10-Q with the Securities and
Exchange Commission for the quarter ended December 31, 2010 on
February 8, 2011.
About CTC: Composite Technology
Corporation's patented ACCC® conductor technology enables superior
performance of high voltage transmission and distribution
electrical grids. ACCC conductors use CTC's proven carbon fiber
core which is produced by its subsidiary, CTC Cable Corporation, at
its Irvine, California headquarters and delivered to qualified
conductor manufacturers who produce and distribute ACCC conductors
to operators of electrical grids worldwide. CTC's conductor
technology significantly reduces thermal line sag and can replace
similar diameter and weight traditional conductors with its higher
capacity and more energy efficient ACCC conductor. It is an ideal
conductor for both upgrading existing power lines as well as
building new lines since the technology allows for the reduction of
the number of support structures and/or a reduction of their
height. Since its commercial introduction in 2005, ACCC conductor
has been selected for over 10,000 kilometers (6,214 miles) of
projects in all environmental and operating conditions, including
severe heat and ice environments, long span applications and high
capacity corridors for the modern grid. ACCC® is a registered
trademark of CTC Cable Corporation.
For further information, visit our website:
www.compositetechcorp.com or contact Investor Relations, James
Carswell, +1-949-428-8500.
This press release may contain forward-looking statements, as
defined in the Securities Reform Act of 1995 (the "Reform Act").
The safe harbor for forward-looking statements provided to
companies by the Reform Act does not apply to Composite Technology
Corporation (the "Company"). However, actual events or results may
differ from the Company's expectations on a negative or positive
basis and are subject to a number of known and unknown risks and
uncertainties including, but not limited to, resolution of pending
and threatened litigation matters involving CTC or its
subsidiaries, resolution of disputes with CTC's or subsidiaries'
creditors competition with larger companies, development of and
demand for a new technology, general economic conditions, the
availability of funds for capital expenditure and financing in
general by us and our customers, availability of timely financing,
cash flow, securing sufficient quantities of essential raw
materials, timely delivery by suppliers, ability to maintain
quality control, collection-related and currency risks from
international transactions, the successful outcome of joint venture
negotiations, or the Company's ability to manage growth. Other risk
factors attributable to the Company's business may affect the
actual results achieved by the Company, including those that are
found in the Company's Annual Report filed with the SEC on Form
10-K for fiscal year ended September 30, 2010 and subsequent
Quarterly Reports on Form 10-Q and subsequent Current Reports filed
on Form 8-K that will be included with or prior to the filing of
the Company's next Quarterly or Annual Report.
Investor Relations James Carswell +1-949-428-8500