SOURCE: CTI Industries Corporation

CTI Industries Corporation

September 28, 2011 16:46 ET

CTI Industries Corporation Receives Design Excellence Award for Patient Transfer Product

LAKE BARRINGTON, IL--(Marketwire - Sep 28, 2011) - CTI Industries Corporation (NASDAQ: CTIB), a manufacturer and marketer of packaging and storage bags and pouches, metalized balloons, latex balloons, novelty items and printed and laminated films, today announced that CTI and Stryker Corporation, a medical technology firm, have received a gold International Design Excellence Award at the International Design Excellence Awards '11 contest sponsored by the Industrial Designers Society of America for their design and development of the disposable Speed-Sheet™ device for transferring or repositioning a patient. The device consists of two sheets of custom-laminated film which lie under the patient and operate as a low-friction transfer aid when the patient is transferred to another surface. Stryker's emergency medical services department and CTI designed and customized materials, fabrication and embossing structures and the manufacturing equipment. The product is manufactured by CTI and marketed by Stryker.

CTI Industries is one of the leading manufacturers and marketers of metalized and latex balloons, develops, produces and markets bags and pouches for storage and packaging applications and produces laminated and printed films for commercial uses. CTI markets its products throughout the United States and in a number of other countries.

This press release may contain forward-looking statements within the meaning of Section 17A of the Securities Act and Section 21E of the Securities Exchange Act. Actual results could differ materially from those projected in the forward-looking statements, which involve a number of risks and uncertainties, including (i) the risks of generating and maintaining sales in a highly competitive market, (ii) the ability of the Company to enter into or maintain contracts or relationships with customers, distributors, licensors and suppliers, (iii) manufacturing risks, as well as other risks and uncertainties reported by the Company in its SEC filings, and such statements should also be considered in conjunction with cautionary statements contained in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K.