Article: Royal Appliance Announces Cross License Agreement With Matsushita Home Appliances.

Royal Appliance Mfg. Co. , maker of Dirt Devil(R) floor care products, today announced the Company and the Matsushita Home Appliance Company (Panasonic) have entered into a cross license agreement with respect to certain patents and related intellectual property rights. Panasonic has received a license to continue to manufacture and market bagless upright vacuum cleaner products similar to its Quick Clean Upright Cleaner, under the Royal bagless upright patent portfolio. Royal received a license to continue to manufacture and market vacuum cleaners under patents for certain Panasonic technology. The parties are pleased that the negotiated agreement was reached without ...

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