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."