Välinge, Dehao Settle Licensing Dispute

Viken, Sweden, July 02, 2008–Välinge and Changzhou Dehao Decoration Materials Co Ltd have Välinge and Dehao settled their dispute, following an earlier license termination.

The two companies have reached a worldwide, non-exclusive licensing agreement for Välinge’s technology.

“Respect for the intellectual property and the contractual obligations are the fundamentals for a good business relationship with Välinge” says Darko Pervan, CEO of Välinge.

“Companies who adhere to these principles are our partners and can count on our full support in the market.”