FAIRFIELD, Conn., Sept. 19, 2008 (GLOBE NEWSWIRE) -- Competitive Technologies, Inc. (AMEX:CTT) announced today that it has signed an agreement with Seoul-based GEOMC Co., Ltd. (KOSDAQ:033030) granting them exclusive distribution rights in Korea for CTT’s pain management therapy device. CTT is in the process of selecting distributors from a targeted list of companies representing the U.S. and global markets in Europe, Asia and Latin America. The device is a non-invasive method for rapid treatment of high-intensity oncologic and neuropathic pain, including pain resistant to morphine and other drugs. CTT will share in revenue derived from sales of the device in Korea.
