Avery Dennison Announces Settlement of Litigation with 3M

Fri Mar 29, 2013 7:44am EDT

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Continues to sell Avery Dennison OmniCube products worldwide


PASADENA, Calif.--(Business Wire)--
Avery Dennison Corporation (NYSE:AVY) announced today that patent and antitrust
litigation against 3M Company has been settled by agreement of the parties. 

The litigation began when 3M alleged that Avery Dennison infringed 3M patents
and sought a preliminary injunction to prevent Avery Dennison from selling Avery
Dennison OmniCube, a Type XI sheeting product used to increase nighttime
visibility of road signs and other highway and transportation products. The
court denied 3M's request, and after Avery Dennison brought claims of its own
for patent infringement and antitrust violations, the parties agreed to dismiss
all three pending cases. 

Avery Dennison will continue to sell its OmniCube products worldwide. 

"We`re pleased to have reached a mutually acceptable agreement, and we look
forward to continuing to offer customers our innovative OmniCube product, the
only omnidirectional Type XI sheeting available today," said Donald A. Nolan,
president of Avery Dennison Materials Group. 

About Avery Dennison

Avery Dennison (NYSE:AVY) is a global leader in labeling and packaging materials
and solutions. The company`s applications and technologies are an integral part
of products used in every major market and industry. With operations in more
than 50 countries and 30,000 employees worldwide, Avery Dennison serves
customers with insights and innovations that help make brands more inspiring and
the world more intelligent. Headquartered in Pasadena, California, the company
reported sales from continuing operations of $6 billion in 2012. Learn more at
www.averydennison.com.

Avery Dennison Contacts:
Media Relations:
David Frail (626) 304-2014 (o) and (626) 298-5902 (m)
david.frail@averydennison.com
or
Investor Relations:
Eric M. Leeds (626) 304-2029
investorcom@averydennison.com

Copyright Business Wire 2013

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