Exel wins dispute at Kouvola Court of Appeal – One Way Sport Oy’s precautionary measure overruled

Exel wins dispute at Kouvola Court of Appeal – One Way Sport Oy’s precautionary measure overruled

Due to inquiries we wish to inform that Kouvola Court of Appeal has on 1 February 2007 rendered a decision regarding One Way Sport Oy’s precautionary measure against Exel. The injunction concerned a hangtag attached to xc-ski poles displaying Raphaël Poirée as a reference for a new product. The new product was launched in 2005/2006 season when Exel and Poirée had an agreement. The hangtag in question was designed and printed during the agreement period between Exel and Poirée. Kouvola Court of Appeal overruled the injunction of Heinola District Court where Exel was, among other things, required to remove the said hangtags from the poles delivered to retailers.

Aki Karihtala, Senior Vice President of Exel’s Sport Division says that the decision is just and expected. Karihtala thinks it is most regrettable that One Way Sport Oy decided to take the matter to court. The decision is in line with common practice relating to athletes’ and their sponsors’ cooperation when an athlete changes sponsors.

Further information:
Aki Karihtala, Senior Vice President, Exel’s Sport Division, tel.+358 50 590 6752, email: aki.karihtala@exel.fi

About Us

Exel Oyj on komposiittisia urheiluvälineitä ja teollisuusprofiileja suunnitteleva, valmistava ja markkinoiva teknologiayritys. Exelin liiketoiminta muodostuu Sport- ja Teollisuus-liiketoiminnoista. Henkilöstön osaaminen ja korkea teknologian taso ovat avainasemassa Exel Oyj:n toiminnassa. Liiketoiminnan ytimen muodostaa itse kehitetty komposiittiteknologia, siihen perustuva tuotteisto ja valittujen markkinasegmenttien hallinta vahvalla laatu- ja tuotemerkki-imagolla. Jatkuva uusien sovelluskohteiden etsiminen ja kehitys yhteistyössä asiakkaiden kanssa mahdollistavat yrityksen kasvun. Exel panostaa valituille kapeille sektoreille sekä kannattavaan kasvuun. Exel Oyj is a technology company which designs, manufactures and markets composite sports equipment and industrial applications. Exel's operations comprise two divisions: Sport and Industry. The personnel's expertise and high level of technology play a major role in Exel's operations. The core of the operations is based on own, internally developed composite technology, product range based on it and the domination of selected market segments with a strong quality and brand image. The company's growth is based on permanent search of new applications and development in co-operation with customers. Exel concentrates on niche segments and on profitable growth.