News wire article from our research archive:

American Type Culture Collection and Competitive Technologies Partner to Provide Novel Escrow Services for Licensed Biological Materials.

MANASSAS, Va., and FAIRFIELD, Conn., Aug 22, 2005 (CCNMatthews via COMTEX) -- American Type Culture Collection (ATCC(R)) and Competitive Technologies, Inc. (AMEX: CTT) announced today the launch of a new escrow service for biological materials that are the subject of license agreements. This relationship will combine ATCC's expertise in managing the storage and distribution of biological materials with CTT's technology commercialization expertise.

The escrow service is designed to assist technology companies and universities in protecting valuable biological materials, as well as associated information. The escrow service will assure organizations engaged in licensing ...

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