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PERSTORP XYTEC AND ROPAK CORPORATION REACH AGREEMENT IN PATENT SUIT

 PERSTORP XYTEC AND ROPAK CORPORATION REACH AGREEMENT IN PATENT SUIT
 TACOMA, Wash., Sept. 17 /PRNewswire/ -- Ropak Corp. (NASDAQ: ROPK) has entered into a settlement and license agreement in settlement of a civil action with Perstorp Xytec Inc. The suit, in the U.S. District Court for the Eastern District of Michigan, alleged infringement of a Xytec patent covering collapsible plastic material handling containers.
 In settlement, Perstorp Xytec has granted Ropak a fully paid-up, non-exclusive license for products covered by its foreign and domestic patents for $1.4 million. Perstorp AB of Sweden (parent company of Perstorp Xytec) and Ropak have agreed to have discussions regarding a potential joint venture to further pursue world-wide reusable, returnable containers.
 Spencer Hoopes, Perstorp Xytec president and CEO, said, "We are extremely pleased and relieved to have reached acceptable terms that end the suit. It has been a long and expensive struggle, and we now look forward to spending all our energies in the marketplace."
 Hoopes also stated that the settlement vindicates and reinforces Perstorp Xytec's patent position. Perstorp Xytec will continue its policy of vigorously pursuing legal action against other companies violating the company's patent rights.
 Perstorp Xytec is the new name of the company resulting from its acquisition by Perstorp AB of Sweden in May of 1991. The company, based in Tacoma, Wash., is the leading manufacturer of large returnable/collapsible plastic shipping containers for the material handling industry, and pioneered this container design during the 1970s and 80s. Additionally, Perstorp Xytec now markets Perstorp products in the U.S. and is a leading supplier of medical material handling systems (marketed under the name of UNICELL) and custom material handling products.
 -0- 9/17/92
 /CONTACT: Spencer W. Hoopes, CEO of Ropak, 206-582-0644; or Jennifer Harris or Jeff Nastali of L.C. Williams & Associates, 312-565-3900, for Ropak/
 (ROPK) CO: Perstorp Xytec Inc.; Ropak Corp. ST: Washington IN: SU:


PS -- NY016 -- 0474 09/17/92 09:25 EDT
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Publication:PR Newswire
Date:Sep 17, 1992
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