GPI Denies Patent Infringement Allegations by Ricoh

Wu-Chi Town, Taiwan (OTS) - General Plastic Industrial Co. Ltd.
("GPI"), the leading manufacturer in the design and production of
alternative copier and laser printer toner cartridges, said today
that a lawsuit alleging patent infringement filed by Ricoh
Corporation, et al, against GPI, is without merit. GPI will, in good
faith, continue to seek an amicable solution with Ricoh. However, if
necessary, GPI is prepared to defend its position vigorously in a
court of law.

The lawsuit was filed on May 30, 2003, in the U.S. District Court,
District of New Jersey, and GPI was served with a copy of the
Complaint (filed by Ricoh et al.) on June 16, 2003. Lawyers from
Merchant & Gould, one of the largest intellectual property law firms
in the United States and GPI's U.S. legal counsel, concluded their
preliminary review of the Complaint and informed GPI's management
that they believe the allegation of patent infringement by GPI is
without merit. Merchant & Gould have since filed an Answer to the
Complaint in the District Court, detailing GPI's position.

"We are very confident that GPI does not infringe any valid patent
or trademark claim rightfully belonging to Ricoh and that the lawsuit
is without merit," said Jerry Wang, President of GPI. "GPI respects
the intellectual property rights of others and there is no intent
from GPI to infringe the patent rights of any other party, including
Ricoh. GPI has developed its own intellectual property portfolio over
the years and we will vigorously defend it. GPI will continue to
focus on the growth of its business and provide best service and
quality products to its customers."

General Plastic Industrial Co., Ltd. ("GPI")
50, Tzu-Chiang Rd.
Wu-Chi Town, Taichung County
Taiwan, R.O.C.

ots Original Text Service: Company: General Plastic Industrial
Co., Ltd. ("GPI")

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Company: General Plastic Industrial Co., Ltd. ("GPI")
Phone: 886-42-639-3103
Fax: 886-42-639-6204

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