FAIRFIELD, Conn., July 30, 2010 (GLOBE NEWSWIRE) -- Competitive Technologies, Inc. (NYSE Amex:CTT) announced today that Commonwealth Pain Specialists, the premier pain management center in Richmond and Central Virginia, is treating patients suffering from chronic, intense neuropathic pain using CTT's Calmare® Pain Therapy medical device.
"We are excited to have John Barsanti, M.D. and Stephen Long, M.D., and their team treating patients with our Calmare device," said John B. Nano, CTT's Chairman, President and CEO. "We are all committed to improving patients' quality of life. From the growing body of evidence-based patient outcomes, we know that our Calmare device successfully treats chronic neuropathic and oncologic pain resulting from cancer, phantom limb syndrome, failed back surgery, sciatica, spinal stenosis, shingles and other maladies."
"We are pleased to offer this non-invasive solution for our patients who suffer from severe and intractable pain," said Dr. John Barsanti. "We are already seeing the benefit to patients from using the Calmare Pain Therapy and are excited at the prospect of helping our patients avoid the negative side effects of narcotic painkillers and improve the quality of their lives."
The non-invasive Calmare Pain Therapy device uses the biophysical "Scrambler Therapy" technology, which was developed in Italy by CTT's client, Professor Giuseppe Marineo. CTT's partner, GEOMC Co. Ltd. of Seoul, Korea is manufacturing the Calmare device, which has U.S. FDA clearance and European Union CE Mark clearance for sales. For more information about Calmare Pain Therapy Treatment, visit www.CalmareTT.com.
About Commonwealth Pain Specialists
With combined experience of over 35 years of clinical experience in diagnosing and effectively treating pain, Drs. John M. Barsanti and Stephen P. Long have built a reputation as one of the most respectable, knowledgeable, and dedicated pain management practices in Central Virginia. Both doctors maintain double board certification in the practice of Anesthesiology and Pain Medicine and strive to provide the latest in pain treatment options -- offering superior clinical care, up-to-date techniques and the latest technology. For more information, please visit www.commonwealthpain.com.
About Competitive Technologies, Inc.
Competitive Technologies, established in 1968, provides distribution, patent and technology transfer, sales and licensing services focused on the needs of its customers and matching those requirements with commercially viable product or technology solutions. CTT is a global leader in identifying, developing and commercializing innovative products and technologies in life, electronic, nano, and physical sciences developed by universities, companies and inventors. CTT maximizes the value of intellectual assets for the benefit of its customers, clients and shareholders. Visit CTT's website: www.competitivetech.net.
Statements made about our future expectations are forward-looking statements and subject to risks and uncertainties as described in our most recent Annual Report on Form 10-K for the year ended July 31, 2009, filed with the SEC on October 27, 2009, and other filings with the SEC, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.