FAIRFIELD, Conn., May 22, 2008 (PRIME NEWSWIRE) -- Competitive Technologies, Inc. (AMEX:CTT) announced today that it has provided a pain therapy device to the major cancer hospice center, The Scientific Institute of Romagna for the Study and Treatment of Cancer (IRST). John B. Nano, CTT’s Chairman, President and CEO and Prof. Giancarlo Elia Valori of the Italian business development group, Sviluppo Lazio S.p.A made the presentation in a ceremony today Thursday, May 22, 2008 in Rome. The device was presented during the Gala Dinner of Pharma Finance 2008 sponsored by the Zangani Investor Community(tm). Prof. Valori highlighted how this pain device known as a “merciful machine” will assist terminally ill patients, providing a dignified end of life. The device will be used for pain therapy and for demonstration during the training of staff of other health care centers.