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GOODHOUSE REACHES SETTLEMENT

 GOODHOUSE REACHES SETTLEMENT
 MINNEAPOLIS, April 29 /PRNewswire/ -- J.B. Goodhouse, Inc., of


Bloomington, Minn., developer and marketer of locker organizers and other school-related products, has issued the following statement, dated April 21, 1992:
 "Goodhouse has reached a confidential settlement of its outstanding litigation with W.T. Rogers Company, a wholly owned subsidiary of Newell Co. The litigation involved alleged infringement of Goodhouse's United States Patent No. 4,500,146, which W.T. Rogers and Newell have denied. In agreeing to compromise and settle the litigation with Goodhouse, neither Rogers nor Newell has admitted any fault, liability or wrongdoing related to the allegations of patent infringement. The terms of the settlement remain confidential, but they include a limited license of Goodhouse's patent."
 The Goodhouse patent relates to a locker organizer designed, developed and marketed by Goodhouse. More than 750,000 LOCKERMATE locker organizers have been sold by the company, which markets a line of school-related products with an emphasis on locker-compatible products.
 Goodhouse also disclosed that a co-defendant in a second patent infringement suit relating to the LOCKERMATE locker organizer, Plastech Corporation, of Forest Lake, Minn., has reached an out-of-court settlement with Goodhouse.
 Plastech is a privately owned molder of plastic products for a wide variety of applications and was alleged to have manufactured products that Goodhouse's patent counsel determined would constitute infringement. Such alleged infringement involved providing product to a third party, Impact International of Cocoa Beach, Fla. Impact International remains a defendant in the suit.
 Part of the settlement involved the sale of certain molds by Plastech to Goodhouse at favorable terms, Goodhouse said. Other settlement terms were not disclosed.
 Robert D. Hansen, Goodhouse chairman and chief executive officer, and Pierce A. McNally, president, commended their Twin Cities counsel, Oppenheimer Wolff & Donnelly, and said that the lawsuits reflect both the resolve of the company to defend its intellectual property position and its capacity to do so effectively.
 Goodhouse's announced long-term strategy is to foster the introduction of innovative products, which are then outsourced on a cooperative basis from U.S. manufacturers. That permits Goodhouse to concentrate on effective marketing and financing strategies. The company has indicated that it intends to expand its operations through internal growth, possibly supplemented by selective acquisitions.
 -0- 4/29/92
 /CONTACT: Robert D. Hansen of J.B. Goodhouse, 612-854-6030/ CO: J.B. Goodhouse, Inc.; W.T. Rogers Company ST: Minnesota IN: SU:


KH -- MN016 -- 4343 04/29/92 11:55 EDT
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Publication:PR Newswire
Date:Apr 29, 1992
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