IRVINE, Calif., April 10 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (BULLETIN BOARD: CPTC) announced today that its subsidiary, CTC Cable has arranged for its ACCC conductor's revised design polynomials to be installed in the Power Line System's on-line polynomial library located on the PLS CADD website. These important design polynomials are used by electrical transmission engineers to calculate mechanical loads and design power transmission lines. Recent review of empirical test data for all of the primary sizes of the ACCC conductor has enabled refinements to be made to the PLS CADD -- ACCC conductor polynomials, such that under very extreme and heavy load conditions there is greater accuracy in the calculated sag and tension values. This refinement does not impact previous calculations performed under normal load conditions, but has enabled improved accuracy for calculating very high tensions, as would be encountered in very long span river crossing applications or under extreme ice load conditions.
This significant accomplishment was the result of collaboration between Power Line Systems, POWER Engineers, and CTC Cable Corporation. Peter Catchpole, Project Engineer at POWER Engineers Inc., who spearheaded the initiative, said: "This effort helped dispel rumors that the ACCC conductor could not be used for long span applications or for long spans subjected to heavy ice load conditions. The actual calculations confirm quite the contrary. While the ACCC composite core exhibits greater flexibility under heavy loading compared to steel core conductors, the revised polynomials now allow us to more accurately assess and apply the ACCC conductor to long span and heavy ice load applications."
Steve Weber, Power Line Systems VP said: "The extensive testing and evaluation performed by CTC and Mr. Catchpole, which lead to the ACCC conductor polynomial refinement, has allowed us to include the ACCC conductor polynomial files for download on our website. This will enable PLS CADD users to have easy access to these valuable conductor data files and to use them with confidence."
Dave Bryant, CTC Cable's Vice President of Product Development, commented: "We are grateful for the support of Power Line Systems and Power Engineers and we appreciate their understanding of the attributes and advantages of our ACCC conductor. These revised polynomials, and the greater understanding of the ACCC conductor characteristics under extreme span conditions, together with the improved availability of that data, will make it easier for utilities worldwide to select the most effective ACCC conductor for their challenging applications."
About PLS:
Power Line Systems, Inc., based in Madison, Wisconsin, was founded in 1984 to provide consulting services and develop engineering software for the structural and geometric design of electric power lines. Since then Power Line Systems has become the world-wide leader in software for transmission lines. PLS supplies software to over 750 organizations in 75 countries. Their customers include the full spectrum from the smallest consulting organizations, fabricators and municipal utilities to over half of the hundred largest generating utilities in the U.S. and large international leaders like BC Hydro, Hydro Quebec, National Grid, Cemig, Power Link Queensland, Eskom, Comision Federal de Electricidad and Electricite de France, etc. See: http://www.powline.com/ Contact: Otto Lynch, Vice President Engineering Sales, at 417-724-8292.
About POWER Engineers:
POWER Engineers Inc., is a consulting engineering firm specializing in energy, facilities, and communications. Founded in 1976, POWER Engineers is an employee-owned company with offices throughout the United States and abroad. See: http://www.powereng.com/ Contact: Peter Catchpole, Project Engineer, at 208-788-3456.
About CTC:
Composite Technology Corporation, based in Irvine, California, USA develops, manufactures and sells high performance electrical transmission and renewable energy generation products through its subsidiaries:
* CTC Cable Corporation produces composite rod for use in its proprietary
ACCC (aluminum conductor composite core). ACCC conductors virtually
eliminate the sag in power lines caused by high current and high line
temperatures. ACCC conductors also reduce electricity line losses, and
have demonstrated significant savings in capital 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. 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
markets.
* DeWind Inc., produces sells, and licenses the DeWind series of wind
energy turbines including the 50Hz D6 rated at 1.25 megawatts (MW) and
the 50Hz D8 rated at 2 MW, both noted for their reliability. In 2007,
the first new 2 MW D8.2 turbines are planned to be delivered to North
American customers from assembly operations at TECO Westinghouse Motor
Company in Texas. The D8.2 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. The DeWind
D8.2 will be available in both a 60Hz and 50Hz version.
For further information visit our websites: http://www.compositetechcorp.com/ & http://www.eunrg.com/
For 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.