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GPI Denies Patent Infringement Allegations by Ricoh

5 Sep, 2003

GPI Denies Patent Infringement Allegations by Ricoh

WU-CHI TOWN, TAIWAN—Sept. 4, 2003—General Plastic Industrial Co. Ltd. ("GPI"), the leading manufacturer in the design and production of alternative copier and laser printer toner cartridges, said today that a lawsuit alleging patent infringement filed by Ricoh Corporation, et al, against GPI, is without merit. GPI will, in good faith, continue to seek an amicable solution with Ricoh. However, if necessary, GPI is prepared to defend its position vigorously in a court of law.

The lawsuit was filed on May 30, 2003, in the U.S. District Court, District of New Jersey, and GPI was served with a copy of the Complaint (filed by Ricoh et al.) on June 16, 2003. Lawyers from Merchant & Gould, one of the largest intellectual property law firms in the United States and GPI's U.S. legal counsel, concluded their preliminary review of the Complaint and informed GPI's management that they believe the allegation of patent infringement by GPI is without merit. Merchant & Gould have since filed an Answer to the Complaint in the District Court, detailing GPI's position.

"We are very confident that GPI does not infringe any valid patent or trademark claim rightfully belonging to Ricoh and that the lawsuit is without merit," said Jerry Wang, President of GPI. "GPI respects the intellectual property rights of others and there is no intent from GPI to infringe the patent rights of any other party, including Ricoh. GPI has developed its own intellectual property portfolio over the years and we will vigorously defend it. GPI will continue to focus on the growth of its business and provide best service and quality products to its customers."

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