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Swedish court rules for criminal conviction in SKF counterfeit court case



  Swedish court rules for criminal conviction in SKF counterfeit court case

Trademark infringement results in jail term

Business Wire

GÖTEBORG, Sweden -- February 4, 2013

A Swedish court has sentenced one person to a one-year jail term and a
five-year ban from trade, and awarded damages to SKF, after finding him guilty
of violation of Swedish trademark law in relation to the SKF trademark. The
court found that he intentionally purchased counterfeit SKF products. The
products were thereafter sold with a high profit margin to unknowing
customers.

The criminal and civil court case was the result of a police raid in March
2010 of stores in Stockholm and Avesta (located in the central parts of
Sweden) where the police found thousands of counterfeit SKF products. SKF
cooperated with the police in the identification of the counterfeit bearings.

Counterfeit SKF products are non-SKF products illegally marked with the SKF
trademark and packed in SKF-like packaging. Counterfeit industrial products
like bearings can considerably reduce the service life of machinery and in the
worst case endanger human lives. SKF is actively cooperating with law
enforcement authorities around the world to facilitate legal measures against
those involved in the trade of SKF counterfeit products.

Gothenburg, 4 February, 2013

Aktiebolaget SKF (publ)

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication
systems, and services which include technical support, maintenance and
reliability services, engineering consulting and training. SKF is represented
in more than 130 countries and has around 15,000 distributor locations
worldwide. Annual sales in 2012 were SEK 64,575 million and the number of
employees was 46,775. www.skf.com

® SKF is a registered trademark of the SKF Group. ™ BeyondZero is a trademark
of the SKF Group.

This information was brought to you by Cision http://www.cisionwire.com

Contact:

For further information, please contact:
MEDIA HOTLINE: 46 31 337 2400
or
PRESS: Rebecca Janzon, Director, Press Relations
tel: 46 31 337 3880, mobile: 46 727-173880, e-mail: rebecca.janzon@skf.com
or
INVESTOR RELATIONS: Marita Björk, Director, Investor Relations
tel: 46 31-337 1994, mobile: 46 705-181994, e-mail: marita.bjork@skf.com
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