<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>d51202_ex99-1.txt
<DESCRIPTION>LETTER FROM GRANT THORNTON, LLP
<TEXT>

                                  Exhibit 99.1


July 26, 2002


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Commissioners:

We have read the statements made by CTI Industries Corporation (the "Company")
(copy attached), which we understand will be filed with the Commission, pursuant
to Item 4 of Form 8-K, as part of the Company's Form 8-K report dated July 26,
2002. We agree with the statements concerning our firm, except we are not in a
position to agree or disagree with Company's statements that:

      1.    Effective July 24, 2002, the Company engaged McGladrey & Pullen, LLP
            as the Registrant's principal accountant.

      2.    The decision to change accountants was approved on July 24, 2002.


Very truly yours,

/s/ Grant Thornton, LLP


</TEXT>
</DOCUMENT>
