2004-07-21: Further ruling in patent dispute
Today saw the proceedings at the Federal Patents Court in connection with the patent dispute dating back several years between the companies Baldwin Germany GmbH and technotrans AG. The court's ruling rejected technotrans' revocation action against the disputed Baldwin patent. Once the written reasons given by the judges are obtained, technotrans intends to appeal to the Federal Supreme Court. The Board of Management believes such a course of action is justified for a variety of reasons, which include the fact that in the parallel infringement action the Federal Supreme Court had recently expressed the opinion in a suspension order that the prospects for technotrans' revocation action would definitely be bright on the grounds of inadmissible extension. The further proceedings, which could still take several years, currently have no effect on the future development of technotrans, as appropriate provisions were created back in 2002 and the production principle for the equipment in question has been changed.

These press releases contain forward-looking statements which are based on assumptions and estimations by the management board of technotrans AG. Even though the management board is of the opinion, that those assumptions and estimations are realistic the future development and the projected results may deviate substantially from the forward-looking statements. Those deviations can be due to several factors including but not limited to changes in the macro-economic situation, in the exchange rates, in the interest rates and in the graphic arts industry. technotrans AG gives no warranty and does not assume the liability for any damages in case the future development and the projected results do not correspond with the forward looking statements.