19th Dec 2005 15:26
Symphony Plastic Technologies PLC19 December 2005 Symphony Plastic Technologies PLC Victory in the Court of Appeal Symphony Plastic Technologies ("Symphony"), the degradable plastics company,today reports that the hearing of the Appeal brought by Environmental ProductsInc (EPI) against the decision of the High Court of 21st December 2004 in favourof Symphony has now concluded. The Court of Appeal dismissed EPI's appeal and refused leave to Appeal to theHouse of Lords. The written judgement of the Court will follow in due course. Michael Laurier, Chief Executive Officer of Symphony, said: "After nearly two years we are delighted that the Courts have finally confirmedwhat we have known all along. This case has caused difficulties and distractionsand this clear decision now allows us to turn all our resources back intorealising the many opportunities open to us" For more information, please contact: For further information:Symphony Plastic Technologies PlcMichael Laurier, CEOAllan Blacher, COO +44 (0)20 8207 5900 Citigate Dewe RogersonPatrick Toyne Sewell / Ged Brumby +44 (0)20 7638 9571 Further information on Symphony Plastic Technologies plc Symphony develops and supplies environmentally responsible plastic packagingproducts and additives, which are distributed primarily to the retail, localauthority and health related sectors. The Group's main technology, d2w(R),allows plastic to degrade, leaving only water, a minimal amount of carbondioxide and trace amounts of non-toxic biomass over a short time period. The d2w(R) product range now includes additives, carrier bags, refuse sacks, mailingwrap, stretch film, aprons, and packaging films. Symphony has a strong blue-chip customer base in the UK and has successfullyestablished itself as an international business after signing distributionagreements with companies in Brazil, Canada & USA, New Zealand, South Africa,the Caribbean, Saudi Arabia, Colombia and Qatar. Further information onSymphony can be found at www.symphonyplastics.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Symphony Env.