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Coil Tubing Technology, Inc.: Coil Tubing Technology Issues Guidance for 2006, 2007

Tue, 16 May 2006 6:15:00 PDT

SPRING, TX (MARKET WIRE) Coil Tubing Technology, Inc. ("CTT") (OTC: CTBG) is issuing guidance for the full year 2006 and 2007. These guidance estimates, found in the table below, contain assumptions CTT believes to be reasonable and are based on information available to the Company as of the date of this release. Although CTT may choose to provide updates to its financials estimates throughout 2006 and 2007, it is not undertaking any

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