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Platform Specialty Products Corporation Announces Favorable Decision in Its Patent Dispute With DuPont

MIAMI, Sept. 22, 2014 (GLOBE NEWSWIRE) -- Platform Specialty Products Corporation (NYSE:PAH) ("Platform"), a global specialty chemicals company, announced today that the United States District Court for the District of New Jersey handed MacDermid Inc., a Platform Specialty Products Company ("MacDermid"), a significant victory in its long fought patent litigation with DuPont. The Court issued summary judgment rulings in favor of MacDermid finding DuPont's U.S. Patent No. 6,773,859 invalid and U.S. Patent No. 6,171,758 not infringed.

These rulings summarily find against DuPont on all of the patent claims asserted by DuPont in this lawsuit (Case No. 3:06-cv-03383). The ruling, however, leaves all counterclaims made by MacDermid against DuPont in place, in this matter, as well as MacDermid's claims in a related case that DuPont infringed MacDermid's US Patent No. RE39,835.

This ruling follows a related and significant victory by MacDermid in the case of MacDermid v. Cortron Corporation. In that case, a Connecticut jury found that DuPont and Cortron colluded against MacDermid to unreasonably restrain trade in violation of U.S. antitrust laws, and awarded MacDermid millions of dollars in damages.

Timothy Gotsick, the General Manager of MacDermid Printing Solutions said, "We are gratified that the court has agreed with us that DuPont's claims should be summarily dismissed. We have been confident all along that we have not infringed any legitimate intellectual property rights of DuPont, and this ruling validates our long held position. MacDermid remains committed to the flexographic plate market and our customers. We will continue to innovate and compete vigorously to make the best products and services possible."

About Platform

Platform is a global producer of high-technology specialty chemical products and provider of technical services. The business involves the manufacture of a broad range of specialty chemicals, created by blending raw materials, and the incorporation of these chemicals into multi-step technological processes. These specialty chemicals and processes together encompass the products sold to customers in the electronics, metal and plastic plating, graphic arts, agricultural, and offshore oil production and drilling industries. More information on Platform is available at www.platformspecialtyproducts.com.

CONTACT: Source/Investor Relations Contact: Frank J. Monteiro Platform Specialty Products Corporation - CFO +1-203-575-5850 Media Contacts: Liz Cohen Weber Shandwick +1-212-445-8044 Kelly Gawlik Weber Shandwick +1-212-445-8368Source:Platform Specialty Products Corporation