Classen, Välinge, End Patent Legal Dispute

Viken, Sweden, April 25, 2008--Classen and Välinge have reached an agreement which puts an end to their legal disputes related to fold down patent rights and allows easier access to the respective Megaloc and 5G technologies for future licenses.

Current licensees will be offered an indemnification on the other party’s patents. New licensees will be able to receive a license based on both patents.

Fold down installation technology for laminate and wood floorings, with angling of long side and vertical folding on short side comprising a flexible tongue, offers advantages over other installation methods.

Commercial products have been on the market since 2005. The companies anticipate that this new installation technology, commonly known as the Classen Megaloc system and the Välinge 5G system, will rapidly capture a large market share.

About 30 companies have already entered into a license agreement with Välinge on the fold down technology and 15 companies have introduced laminate and wood floorings on the market using the new technology.