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GRACO INC. WINS PATENT INFRINGEMENT SUIT AGAINST BINKS MANUFACTURING COMPANY

 MINNEAPOLIS, July 1 /PRNewswire/ -- Graco Inc. (NYSE: GGG) today announced that the U.S. District Court for the Southern District of Texas has ruled that Binks Manufacturing Company of Franklin Park, Ill., deliberately infringed the U.S. patent covering Graco's "Glutton(R)" pumps, which are used for pumping heavy and abrasive materials, such as gelcoat, in a variety of industrial processes.
 The Court issued an injunction prohibiting Binks from manufacturing or selling its line of "Funny" pumps, and other products which infringe Graco's patent. The Court also awarded compensatory damages, treble damages and attorneys' fees to Graco, plus prejudgement interest, in a total amount of $2,750,000. Graco anticipates that Binks will appeal the decision. The injunction will stay in effect during the appeal process.
 "As a matter of policy, Graco vigorously defends its patents and other intellectual property rights," said Robert M. Mattison, Graco's vice president, general counsel and secretary. "We are pleased that the Court has upheld the validity of Graco's patent on this unique product, and has awarded appropriate damages."
 Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and apply fluid materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries.
 -0- 7/1/93
 /CONTACT: Robert M. Mattison, 612-623-6664, or David L. Schoeneck, 612-623-6679, both of Graco/
 (GGG)


CO: Graco, Inc. ST: Minnesota IN: SU:

AL -- MN005 -- 7574 07/01/93 09:26 EDT
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Publication:PR Newswire
Date:Jul 1, 1993
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