Innovative Solutions for the Power Industry

2026 McGaw Avenue, Irvine, California 92614 Tel: 949.428.8500 Fax: 949.660.1533 www.compositetechcorp.com
For Immediate Release Contact: James Carswell
760-416-8628

Composite Technology Completes First Commercial Installation
Of Its New ACCC Power Cable

IRVINE, CA, August 30, 2004 - Composite Technology Corporation (CTC) (OTC Bulletin Board:
CPTC), a leading developer of high-performance composite core cables for electric transmission and
distribution lines, today announced that it has completed the first commercial overhead installation of
its proprietary Aluminum Conductor Composite Core (ACCC) high-performance electrical power
cable, which can economically double the electrical transmission capacity of conventional power
conductors of the same size and weight, while dramatically increasing system reliability by virtually
eliminating problematic high- temperature cable sag.

This initial installation in the city of Holland, Michigan utilized over three thousand feet of ACCC
conductor. The higher performance ACCC conductor replaced existing conventional utility power
cable in the municipalitys power distribution system. The installation utilized CTCs ACCC Hawk
size utility power cable and spanned several support structures while utilizing compression dead ends
and splices jointly developed by CTC and FCI/Burndy for installing the cable. The city of Holland is
planning on upgrading its distribution system during the next few years to meet the growing energy
demands of its customers.

Completion of this commercial installation represents a major milestone for CTC. Customers choose
our cable because it represents the most cost effective solution available that delivers significantly
better performance. The technological and project performance advantages versus traditional solutions
are what sells our cable and we are pleased that the market is choosing ACCC, said Benton Wilcoxon,
CTC Chairman and CEO. Each project underlines the ease of installation of our new cable, as this
and our recent installation experience at the EPRI facilities in Texas clearly show. There are several
other projects slated for completion prior to years end, but we believe that every cost conscious
transmission manager whose grid system is threatened by blackout or inefficiencies should be looking
at the ACCC as a cost effective solution. After all, its about using the advantages of new technology
to deliver better service to the customer, both for us and for them

The city of Holland has an ongoing need to meet increasing power demand while maintaining system
reliability and minimizing costs, said Dave Durham, Superintendent of Electric Transmission and
Distribution for the Holland Board of Public Works. After a comprehensive review of available
technology, we found that CTCs ACCC cable is the most cost-effective solution to our power
distribution problems. We can significantly increase system capacity while the cables unique high-
temperature performance characteristics will improve reliability. Since we can install the cable on
existing structures, we avoid significant costs that would be required by alternative solutions.

CTCs recent installation at the Electrical Power Research Institute (EPRI) facilities in Haslet, Texas
utilized approximately two miles of ACCC conductor. The installation used CTCs ACCC Drake
size utility power cable and spanned over five utility support structures. A line crew from Great
Southwestern Construction, a member of the MYR Group and a leading supplier of a full range of
services within the electrical construction industry, completed the installation with assistance from




Innovative Solutions for the Power Industry

2026 McGaw Avenue, Irvine, California 92614 Tel: 949.428.8500 Fax: 949.660.1533 www.compositetechcorp.com
CTCs technical support personnel. Installation hardware, tools and dies used are conventional
industry standard products, with the exception of the compression dead end and splice assemblies that
have been specifically designed for use with CTCs ACCC cable. The ability to use conventional
equipment and installation methods means customers can now expect to install ACCC cable in similar
time periods, and at similar costs, as existing cable with minimal training for their construction
personnel.

About Holland Board of Public Works
Established more than a century ago, the Holland Board of Public Works is a municipally owned
utility, providing electric generation and distribution, water and wastewater treatment services to
28,000 customers in the city of Holland, Michigan and parts of the surrounding area. For more
information, see http://www.hollandbpw.com.
About CTC
CTC is an Irvine, CA-based company providing high performance advanced composite core conductor
cables for electric transmission and distribution lines. The proprietary new ACCC cable transmits two
times more power than comparably sized conventional cables in use today. ACCC can solve line sag
problems, create energy savings through less line losses, has significantly lower electromagnetic fields,
and can easily be retrofitted on existing towers to upgrade energy throughput. ACCC cables allow
transmission owners, utility companies, and power producers to easily replace transmission lines
without modification to the towers using standard installation techniques and equipment, thereby
avoiding the deployment of new towers and establishment of new rights-of-way that are costly, time
consuming, controversial and may impact the environment. CTC has established strategic relationships
with existing cable manufacturers to rapidly expand production and facilitate deployment to end users
worldwide. See: www.compositetechcorp.com.

Contact: Media Contact: Investor Relations:
James Carswell, Dir. Corp. Development James McCusker Carl Hymans
Composite Technology Corp. G. S. Schwartz & Co. G. S. Schwartz & Co.
760-416-8628 212-725-4500 212-725-4500
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 CTC. However, actual events or
results may differ from Composite Technology Corporation's (CTC) 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, risks associated with international transactions, general
economic conditions, availability of funds for capital expenditure by customers, availability of timely financing, cash flow, timely
delivery by suppliers, or CTCs ability to manage growth. Other risk factors attributable to CTC's business segment may affect the actual
results achieved by CTC and are included in CTCs Annual Report filed with the Commissioner on Form 10KSB for fiscal year ended
September 30, 2003.