Symphony Plastic Technologies PLC
04 March 2005
4 March 2005
SYMPHONY PLASTIC TECHNOLOGIES PLC
APPEAL
Notification has been received by Symphony Plastic Technologies Plc ('Symphony'
or 'the Group'), the degradable plastics company, that EPI Environmental
Products Inc (EPI) has been granted leave to appeal the judgement handed down in
favour of Symphony by the High Court in London on 21st December 2004.
Michael Laurier, Chief Executive Officer, said:
'The possibility of an appeal is a feature of any civil case and we are not
surprised by this development. The Directors are of the view, as they have been
from the start and as was demonstrated in the High Court, that the claims made
by EPI are without merit.'
For further information, please contact:
Symphony
Michael Laurier, Chief Executive Tel: 020 8207 5900
Ian Bristow
Citigate Dewe Rogerson
Patrick Toyne-Sewell Tel: 020 7638 9571
Ged Brumby
Ends
Information on Symphony:
Symphony develops and supplies environmentally responsible plastic packaging
products, which are distributed primarily to the retail, local authority and
health related sectors. The Group's main technology, d2w(R), allows plastic to
degrade, leaving only water, a minimal amount of carbon dioxide and trace
amounts of non-toxic biomass over a controlled time period. The current d2w(R)
product range now includes additives, carrier bags, refuse and waste sacks,
mailing wrap, stretch film, aprons, and packaging films.
Symphony has a strong blue-chip customer base in the UK and has successfully
established itself as an international business with agreements in Brazil,
Colombia, New Zealand, South Africa, the Caribbean and the Middle East.
Further information on Symphony can be found at www.degradable.net
This information is provided by RNS
The company news service from the London Stock Exchange END
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