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Avery Dennison Statement on Verdict in Four Pillars Economic Espionage Civil Trial.


Business Editors

PASADENA, Calif.--(BUSINESS WIRE)--Feb. 4, 2000

Avery Dennison Avery Dennison Corporation (NYSE: AVY) produces pressure-sensitive materials (such as self-adhesive labels), office products, and various paper products. R. Stanton Avery founded Avery in 1935. Avery Dennison Corporation was created in 1990 by merger of Avery and Dennison.  Corp. (NYSE NYSE

See: New York Stock Exchange
:AVY)(PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :AVY) issued the following reaction to the verdict reached today in the civil trial of Four Pillars Four Pillars may refer to:
  • Four Pillars of the Green Party
  • Four Pillars of Destiny, a Chinese component used in fortune telling.
  • Four Pillars of Transnistria are the basis of the declaration of independence of Transnistria, a separatist region in Moldova in Eastern
 Enterprise Co. in Cleveland.

&uot;We are pleased with the jury's finding that Four Pillars, P.Y. Young and Victor Lee are liable for the misappropriation misappropriation n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any  and conversion of Avery Dennison's trade secrets. This decision to award at least $40 million in damages to Avery Dennison reaffirms the guilty verdicts and sentence handed down in the recently completed criminal trial against Four Pillars and two of its executives for violating the U.S. Economic Espionage Act,&uot; said Robert G. van Schoonenberg, senior vice president, general counsel and secretary of Avery Dennison.

&uot;The verdict today is another strong indicator that people who engage in economic espionage will be prosecuted and held accountable for their actions.&uot;

Avery Dennison is a global leader in pressure-sensitive technology and innovative self-adhesive solutions for consumer products and label materials. Based in Pasadena, the company had 1999 sales of $3.8 billion.

Avery Dennison develops, manufactures and markets a wide range of products for consumer and industrial markets, including Avery-brand office products, Fasson-brand self-adhesive materials, peel-and-stick postage stamps This is a list of postage stamps that are especially notable in some way.

The best-known stamps:
  • Treskilling Yellow (Sweden)
  • Penny Black (Britain)
  • Blue Penny (Mauritius)
  • Inverted Jenny (U.S.
, battery labels, reflective highway safety products, automated retail tag and labeling systems, and specialty tapes and chemicals.
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Publication:Business Wire
Date:Feb 4, 2000
Words:223
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