Alma Media Corporation Press release April 9, 2013 at 13.00 (EEST)
SETTLEMENT REACHED IN DISPUTE OVER ETUOVI TRADEMARK
The dispute between the media company Alma Media and Mr. Jori-Pekka Träskbäck, a Tampere-based entrepreneur, over the ownership of the Etuovi trademark has been concluded. The parties have reached a settlement that results in Alma Media obtaining all rights to the Etuovi trademark. The parties have agreed not to comment on the details of the settlement.
- We are pleased to have finally reached a settlement in this long-running dispute. With the dispute being settled, we can further develop our Etuovi business, says Riikka Wulff, Managing Director of Alma Mediapartners Oy.
- The negotiations were held in a good spirit and we reached a resolution that satisfies both parties. With the 12-year dispute now behind us, both parties can continue to develop their business operations without being burdened by a trademark dispute, Jori-Pekka Träskbäck comments.
For further information, please contact: Mikko Korttila, General Counsel, Alma Media Corporation, tel. +358 10 665 2201
Alma Media in brief
Alma Media is a media company focusing on digital services and publishing. In addition to news services, the company's products provide useful information related to lifestyle, career and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics and Central Europe. The company employs approximately 1,900 professionals (excluding distributors), of whom over 20% work outside Finland. Alma Media's revenue in 2012 totalled approximately MEUR 320. Alma Media's share is listed on NASDAQ OMX Helsinki. Read more at www.almamedia.com