Composite Technology's DeWind Announces Texas Wind Turbine Demonstration Site

In Association with Texas State Technical College and the City of

Sweetwater for DeWind Installation

Sep 04, 2007, 01:00 ET from Composite Technology Corporation

    IRVINE, Calif., Sept. 4 /PRNewswire-FirstCall/ -- Composite Technology
 Corporation (CTC) (OTC Bulletin Board:   CPTC) announced today that is its
 subsidiary DeWind Inc., in association with Texas State Technical College
 (TSTC), has signed a Memorandum of Intent with the City of Sweetwater to
 establish a Wind Turbine Demonstration Site on city owned land. DeWind will
 install its 2 megawatt 60Hz DeWind D8.2 prototype on the site in the Fall
 of 2007. Further development and prototype turbines will be installed at
 the site over the next 5 years.
     Benton Wilcoxon, Chairman and CEO of CTC, stated, "This is an excellent
 opportunity to establish our US Wind Turbine Demonstration Site. We
 currently have a similar site in Cuxhaven, Germany. We are pleased to be
 involved with the City of Sweetwater and TSTC, and look forward to the
 first American installation of our advanced DeWind D8.2 Wind turbine."
     Michael Reeser, President of Texas State Technical College,
 acknowledged, "Having this test facility here in Sweetwater will be a great
 boom to our Wind Technician courses. Working with DeWind, who are prepared
 to partner with the community and the college to help promote wind energy,
 will bring great benefits to all."
     Greg Wortham, Mayor of Sweetwater, commented, "With DeWind
 manufacturing in Texas, the advanced blade test facility recently awarded
 to Corpus Christi and now DeWind's establishment of a Wind Turbine
 Demonstration Site with Texas State Technical College, we believe this
 establishes Texas and Sweetwater as the leader in wind energy research and
 development along with wind power generation already present in Nolan
     Edward Brown, City Manager of Sweetwater, added, "The city of
 Sweetwater is already the center of wind projects in West Texas and is
 enthusiastic to help in establishing this facility, which we believe can
 attract and grow more wind expertise in the local community. The city will
 work closely with DeWind and TSTC to ensure the successful deployment of
 the first DeWind turbine in the fall of 2007."
     About the City of Sweetwater:
     An All-America City established in 1881, Sweetwater, Texas, is the
 center of the Western Hemisphere's leading wind energy generation region;
 West Texas has more than 4,000 MW of operational wind energy. Nolan County
 alone would currently rank as the seventh largest "nation" in wind energy
 generation - with more than 1,500 MW. Midway between the Atlantic and
 Pacific oceans and with a population of 11,500, the local economy is based
 on energy (wind, oil & gas, nuclear), building materials, agriculture,
 transportation, education, and health care.
     About Texas State Technical College:
     Texas State Technical College (TSTC) is the State of Texas' technical
 college system. TSTC is commissioned by the Texas Legislature to provide
 Associate of Applied Science degrees and certificates in critical and
 emerging technologies. Today, the Texas State Technical College System
 includes four colleges: TSTC Harlingen, TSTC Marshall, TSTC Waco, and TSTC
 West Texas, which has campuses in Abilene, Breckenridge, Brownwood, and
 Sweetwater. TSTC is the only state-supported technical college system in
 Texas. With a statewide role and mission, TSTC is efficiently and
 effectively helping Texas meet the high- tech challenges of today's global
 economy, in partnership with business and industry, government agencies,
 and other educational institutions. TSTC has high graduation rates,
 exceptional postgraduate success rates, and an outstanding record in
 graduating individuals from diverse cultural and socioeconomic backgrounds.
 Among TSTC's strengths are its emphasis on "learning by thinking and doing"
 and its strong relationships with business and industry, state-of-the-art
 laboratories, residential campuses, and student-centered philosophy.
     About CTC:
     Composite Technology Corporation, based in Irvine, California, USA
 develops, manufactures and sells innovative high performance electrical
 transmission and renewable energy generation products through its
     -- CTC Cable Corporation produces composite rod for use in its patented
        ACCC (aluminum conductor composite core) conductors, which are "high
        efficiency conductors" for use in electrical transmission grid systems.
        ACCC conductors demonstrate less electricity line losses when compared
        with conventional conductors.  When deployed in place of conventional
        conductors on existing systems, the higher efficiency of ACCC
        conductors enable power generators to reduce the amount of power they
        must generate while still delivering the same power to the customers.
        They have also demonstrated significant savings in upgrade capital
        costs and operating expenses when substituted for other conductors.
        ACCC conductors enable grid operators to reduce blackouts and
        brownouts, providing a 'reserve electrical capacity' by operating at
        higher temperatures without significant thermal sag of the lines. ACCC
        conductors are an innovative economical solution for reconductoring
        power lines, constructing new lines and crossing large spans. ACCC
        composite rod is delivered to qualified conductor manufacturers
        worldwide for local ACCC conductor production and resale into local
     -- DeWind Inc., designs, produces, and sells the DeWind series of wind
        energy turbines including the new D8.2 model rated at 2 megawatts (MW)
        available in both 50Hz and 60Hz; the D8 model rated at 2 MW available
        in 50Hz; and the D6 model rated at 1.25 MW available in 50Hz. The new
        D8.2, which has been operating since early 2007 at Cuxhaven, Germany,
        utilizes the advanced WinDrive(R) hydrodynamic torque converter
        developed by Voith AG with a synchronous AC generator that is able to
        connect directly to the grid at high voltage without the use of power
        conversion electronics. During the 3rd quarter of 2007, a 60Hz version
        will be installed at a site in the USA for certification. In late 2007,
        the first D8.2 turbines are to be assembled at TECO Westinghouse Motor
        Company in Texas, which will supply turbines for our North and South
        American customers.
     For further information visit our website:
 Investor Relations Contact: James Carswell, +1-949-428-8500
     This press release may contain forward-looking statements, as defined
 in the Securities Reform Act of 1995 (the "Reform Act"). The safe harbor
 for forward-looking statements provided to companies by the Reform Act does
 not apply to Composite Technology Corporation (Company). However, actual
 events or results may differ from the Company's expectations on a negative
 or positive basis and are subject to a number of known and unknown risks
 and uncertainties including, but not limited to, competition with larger
 companies, development of and demand for a new technology, risks associated
 with a startup company, the ability of the company to convert quotations
 and framework agreements into firm orders, our customers' fulfillment of
 payment obligations under the respective supply agreement, our ability to
 deliver reliable turbines on a timely basis, general economic conditions,
 the availability of funds for capital expenditure by customers,
 availability of timely financing, cash flow, securing sufficient quantities
 of essential raw materials, timely delivery by suppliers, ability to
 produce the turbines and acquire its components, ability to maintain
 quality control, collection-related and currency risks from international
 transactions, the successful outcome of joint venture negotiations, or the
 Company's ability to manage growth. Other risk factors attributable to the
 Company's business may affect the actual results achieved by the Company
 including those that are found in the Company's Annual Report filed with
 the SEC on Form 10-K for fiscal year ended September 30, 2006 and
 subsequent Quarterly Reports on Form 10-Q and subsequent Current Reports
 filed on Form 8-K that will be included with or prior to the filing of the
 Company's next Quarterly or Annual Report.

SOURCE Composite Technology Corporation