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SPI Group and Roust Group Announce Settlement of Disputes


Monday, April 12, 2010

New York, NY -- SPI Group and Roust Group announce that they have reached a settlement of claims brought by SPI Group against Roust Group that were pending before the U.S. Patent and Trademark Office, Trademark Trial and Appeal Board and the similar claims in Israel. The parties have also agreed to settle claims brought by Roust Group against SPI Group in the United States District Court for the Southern District of New York. The claims and counterclaims in each of these actions have been dismissed with prejudice, without any admission of liability by any party, without payment of money by any party to any other party and without injunctive relief for or against any party or any of its affiliates.

About SPI Group

SPI Group is one of the world's leading spirits and alcoholic beverages companies. SPI Group's leading brands include Stolichnaya, elit by Stolichnaya, Moskovskaya, Gradus, and Rigas Black Balzam.

For more information about SPI Group and its brands, please visit www.spi-group.com.



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