Re Court Case

Stanelco PLC 09 December 2004 9 December 2004 Stanelco plc ('Stanelco') Statement re Court Case Judgement was given today in an application made by Stanelco RF Technologies Limited as part of its long running dispute with BioProgress Technology Limited. The judgement related to an application by Stanelco for the court to consider further documents, which had come to light since the judgement in the main action was handed down. The court decided that it would not consider the further documents and BioProgress was awarded some of its costs (£18,000). More importantly, Stanelco was given leave to appeal the judge's decision. Stanelco's Chief Executive Ian Balchin said today: 'There are a number of important issues yet to be resolved in this case including the extent of BioProgress's claim for damages and an application by Stanelco for leave to appeal the main judgement. We don't see this matter being finalised for a long time yet. In the meantime Stanelco is focusing the majority of its efforts on commercialising its food tray lidding technology in conjunction with strategic partners and we expect to be able to announce more on this in the near future.' For further information please contact: Ian Balchin, Chief Executive Stanelco PLC Tel: +44 (0)2380 867100 Jonathon Brill/Billy Clegg Financial Dynamics Tel: +44 (0)20 7831 3113 Notes to Editors: About Stanelco Stanelco was founded in 1953 and is a world leader in the development of radio frequency technologies for processing polymers for edible and packaging applications and the design and manufacture of optical fibre technology, induction heating and dielectric welding equipment. The Company's current core business is the manufacture of optical fibre using Radio Frequency (RF) technology. Stanelco has been applying its technology to other markets. Current developments include biodegradable air cushion packaging, sealing of low-cost conventional plastics for food packaging, water-soluble detergent capsules, foamed starch trays, edible sachets and waste packing. This information is provided by RNS The company news service from the London Stock Exchange
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