FAIRFIELD, Conn., June 10, 2010 (GLOBE NEWSWIRE) -- Competitive Technologies, Inc. (NYSE Amex:CTT) announced that as expected by CTT and as required by their rules, on June 4, 2010, NYSE Amex, LLC (the “Exchange”) notified CTT that the Exchange intended to file a delisting application with the Securities and Exchange Commission (“SEC”) to strike the listing of the Company’s securities from the Exchange pursuant to Section 1009(d) of the NYSE Amex Company Guide. As anticipated, however, CTT has appealed the delisting determination and is seeking an oral hearing before a Listing Qualifications Panel of the Exchange (the “Panel”). CTT’s request for an oral hearing has stayed the scheduled delisting of the Company’s securities pending the Panel’s determination.
