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Collins & Aikman and Interface, Inc. Announce Settlement
ATLANTA, GA, February 5, 2002 -- Collins & Aikman Floorcoverings, Inc., Interface, Inc., and David Oakey Designs, Inc. have settled their disputes and agreed to dismiss with prejudice all of the claims in Collins & Aikman Floorcoverings, Inc. v. Interface, Inc., et al., which was pending in the United States District Court for the Northern District of Georgia. The parties have agreed that neither Collins & Aikman Floorcoverings, Interface, nor David Oakey were engaged in any wrongdoing with respect to these claims. As a part of this settlement, the parties have agreed to an expedited procedure to resolve any future copyright infringement issues.
Interface, Inc. is a recognized leader in the worldwide commercial interiors market, offering floorcoverings, fabrics, interior architectural products and specialty chemicals. Interface is the world's largest manufacturer of modular carpet tile, and the leading provider of upholstery and panel fabrics for commercial applications.
Collins & Aikman Floorcoverings, Inc. is a leading U.S. producer of modular carpet tile and the leading producer of six-foot roll carpet. Collins & Aikman Floorcoverings, along with Crossly Carpet Mills and Monterey Carpets, is part of the Tandus Group, the fourth largest commercial floorcoverings company in the world.
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CONTACT:
Patrick C. Lynch
Chief Financial Officer
Interface, Inc.
2859 Paces Ferry Road, Suite 2000
Atlanta, Georgia 30339
Telephone: (770) 437-6800
Jennifer Young
Collins & Aikman Floorcoverings, Inc.
311 Smith Industrial Boulevard
Dalton, Georgia 30721
Telephone: (706) 259-2037