Composite Technology re-locates to new, consolidated facility

Irvine, CA, Jan. 27, 2004 — Composite Technology Corp. (CTC), a provider of high-performance, composite core cables for electric transmission and distribution lines, has re-located and consolidated its headquarters, production, administrative, R&D and service/support operations to a new, 100,000-sq.-ft. facility in Irvine, CA.

CTC’s new address is 2026 McGaw Avenue, Irvine, CA 92612. “Being able to consolidate and integrate all of our operations and corporate offices in a single, centralized facility will enable us to better coordinate and implement our strategic planning, business and technology development as well as our near-term production efforts,” said Benton Wilcoxon, CTC Chairman and CEO. “Moreover, this centralized location will provide us with economies of cost, time and scale that we’ll be able to apply to ongoing product development, commercial equipment design, technology demonstrations and future expansion.”

CTC is an Irvine, CA-based company providing high performance advanced composite core conductor cables for electric transmission and distribution lines. The proprietary new ACCC cable transmits two times more power than comparably sized conventional cables in use today.

ACCC can solve line sag problems, create energy savings through less line losses, has significantly lower electromagnetic fields, and can easily be retrofitted on exiting towers to upgrade energy throughput.

ACCC cables allow transmission owners, utility companies, and power producers to easily replace transmission lines without modification to the towers using standard installation techniques and equipment, thereby avoiding the deployment of new towers and establishment of new rights-of-way that are costly, time consuming, controversial and may impact the environment.

CTC has established strategic relationships with existing cable manufacturers to rapidly expand production and facilitate deployment to end users worldwide. See:

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