Avery Dennison Announces Settlement of Litigation with 3M
Continues to sell Avery Dennison™ OmniCube™ products worldwide
PASADENA, Calif. -- March 29, 2013
Avery Dennison Corporation (NYSE:AVY) announced today that patent and
antitrust litigation against 3M Company has been settled by agreement of the
The litigation began when 3M alleged that Avery Dennison infringed 3M patents
and sought a preliminary injunction to prevent Avery Dennison from selling
Avery Dennison™ OmniCube™, a Type XI sheeting product used to increase
nighttime visibility of road signs and other highway and transportation
products. The court denied 3M's request, and after Avery Dennison brought
claims of its own for patent infringement and antitrust violations, the
parties agreed to dismiss all three pending cases.
Avery Dennison will continue to sell its OmniCube products worldwide.
“We’re pleased to have reached a mutually acceptable agreement, and we look
forward to continuing to offer customers our innovative OmniCube product, the
only omnidirectional Type XI sheeting available today,” said Donald A. Nolan,
president of Avery Dennison Materials Group.
About Avery Dennison
Avery Dennison (NYSE:AVY) is a global leader in labeling and packaging
materials and solutions. The company’s applications and technologies are an
integral part of products used in every major market and industry. With
operations in more than 50 countries and 30,000 employees worldwide, Avery
Dennison serves customers with insights and innovations that help make brands
more inspiring and the world more intelligent. Headquartered in Pasadena,
California, the company reported sales from continuing operations of $6
billion in 2012. Learn more at www.averydennison.com.
Avery Dennison Contacts:
David Frail (626) 304-2014 (o) and (626) 298-5902 (m)
Eric M. Leeds (626) 304-2029
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