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Article: DRYCLEAN USA, Inc. Enters into an Agreement with Whirlpool Corporation; DRYCLEAN USA's Patent Technology to Be Used in New Home Appliance.
- Article from:
- Business Wire
- Article date:
- January 4, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MIAMI -- DRYCLEAN USA, Inc. (AMEX:DCU) today announced it has signed an exclusive license agreement with Whirlpool Corporation of Benton Harbor, Michigan (NYSE:WHR), licensing the use of DRYCLEAN USA's patent technology on home appliances.
The agreement calls for Whirlpool to pay a one-time licensing fee and royalties during the three year period following the introduction of Whirlpool manufactured products using the innovative new technology. After this period Whirlpool will retain a non-exclusive license and DRYCLEAN USA is free to license its technology to other manufacturers.
The agreement represents a culmination of ongoing technical cooperation ...
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Article: DRYCLEAN USA, Inc. Announces Year End Results; ...
Business Wire;
September 26, 2005 ;
700+ words
...MIAMI -- DRYCLEAN USA, Inc. (AMEX:DCU) today reported ... Indelicato, Chief Financial Officer of DRYCLEAN USA, Inc., stated: "Fiscal 2005 was ... should not be materially affected." DRYCLEAN USA, Inc., through its subsidiaries ...
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