Buckeye Wins Stac-Pac Lawsuit.Business Editors MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--Dec. 18, 2001 Buckeye Technologies Inc. (NYSE NYSE See: New York Stock Exchange : BKI BKI Babbar Khalsa International BKI Kota Kinabalu, Sabah, Malaysia - Kota Kinabalu (Airport Code) BKI Bible Knowledge Institute BKI Brasil Kaffe Import (Danish Coffee Importer) ) today announced that it has won its infringement lawsuit against Concert GmbH in Germany involving Buckeye's Stac-Pac(TM) European Patent 0 910 542 and German Utility Model 298 23 583. The German court's decision is provisionally enforceable and the court enjoined Concert GmbH from producing or selling Stac-Pac(TM) folded bales of material subject to the above rights without Buckeye's permission. While this decision is appealable and the validity of these rights is being attacked, Buckeye is confident that its Stac-Pac(TM) rights will survive these and any other challenges. Stac-Pac(TM) is an innovative system for folding and packaging nonwoven non·wo·ven adj. Made by a process not involving weaving. Used of textiles. n. Material or a fabric made by a process not involving weaving. materials into compressed rectangular units or bales. This patented packaging system offers Buckeye's customers significant reductions in freight and storage costs as the compressed bales nest more compactly than rolls in trucks and containers. Stac-Pac(TM) packaging also allows the efficient supply of extremely narrow widths and enables Buckeye's customers to feed high-speed feminine hygiene Feminine hygiene is a general term used to describe products used by women during menstruation, vaginal discharge, and other bodily functions related to the vulva. Sanitary Towels (also known as maxi-pads or napkins), pantiliners, tampons, and feminine wipes are the major and diaper production lines with an uninterrupted flow of materials. Buckeye Chairman, Robert E. Cannon, commented "Buckeye devotes significant resources to the development of proprietary products and technologies that afford our customers a competitive edge in the marketplace. We will vigorously protect and enforce our patents to safeguard these investments." Mr. Cannon added, "We are pleased with the German Court's decision and are confident we will also prevail in a Canadian infringement suit filed against Concert based on our Canadian Stac-Pac(TM) patent which corresponds to our European and German rights." Buckeye, a leading manufacturer and marketer of specialty cellulose and absorbent absorbent /ab·sor·bent/ (-sor´bent) 1. able to take in, or suck up and incorporate. 2. a tissue structure involved in absorption. 3. a substance that absorbs or promotes absorption. products, is headquartered in Memphis, Tennessee For the ancient Egyptian capital, see . Memphis is a city in the southwest corner of Tennessee, and the county seat of Shelby County. Memphis rises above the Mississippi River on the 4th Chickasaw Bluff just below the mouth of the Wolf River. , USA. The Company has facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Germany, Canada, Ireland, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods. Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting the Company's operations, markets, products, services and prices, and other factors. For further information on factors which could impact the Company and the statements contained herein, please refer to public filings with the Securities and Exchange Commission. |
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