EX-16 4 exh_162.txt PRICEWATERHOUSECOOPERS Exhibit 16.2 PricewaterhouseCoopers LLP 300 Atlantic Street P.O. Box 9316 Stamford CT 06904-9316 Telephone (203) 539 3000 Facsimile (203) 539 3001 September 10, 2003 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Commissioners: We have read the statements made by Competitive Technologies, Inc. ("CTI") (copy attached), which we understand was filed with the Commission, pursuant to Item 4 of Form 8-K, as part of CTI's Form 8-K report dated September 2, 2003. With respect to the statements concerning PricewaterhouseCoopers LLP, we make the following observations: In the first paragraph, we do not agree with the date upon which our Firm ceased to serve as CTI's independent accountant. On August 25, 2003, we received notification from CTI that we had been dismissed as CTI's independent accountant. In the third and fourth paragraphs regarding disagreements and reportable events, respectively, based on the date of our dismissal, as discussed above, we believe the September 2, 2003 date should be August 25, 2003. Very truly yours, s/PricewaterhouseCoopers LLP PricewaterhouseCoopers LLP