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2007-12-21 08:34:28 CET 2007-12-21 08:34:44 CET REGULATED INFORMATION Raisio - Company AnnouncementRAISIO AND UNILEVER AGREE ON CROSS-LICENSINGRaisio plc Stock Exchange Release 21 December 2007 RAISIO AND UNILEVER AGREE ON CROSS-LICENSING Raisio plc and Unilever have agreed on partial cross-licensing and thereby granting non-exclusive rights to the global plant sterol and stanol patents defined between the companies. This agreement is a conclusion to the opposition proceedings between the companies. Matti Rihko, CEO of Raisio, considers this an important agreement. “This agreement strengthens significantly the IPR-portfolio that is the base of the Benecol business. The cross-licensing agreement with Unilever is an indication of Raisio's high-quality, internationally acknowledged research and development of the Benecol ingredient. This agreement guarantees that both parties can concentrate on developing their business and applications instead of defending their patent portfolios in opposition proceedings.” RAISIO PLC Heidi Hirvonen Communications Manager tel. +358 2 443 2242 or +358 50 567 3060 Further information: Matti Rihko, CEO, tel. +358 400 830 727 Distribution OMX Nordic Exchange, Helsinki Key media www.raisio.com |
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