| 
Overstrapping Files Suit Against Andritz
 
 Seattle, Washington, USA, 18 October 2011 -- /PRNewswire/ -- Ovalstrapping Inc., a Washington  state company, has filed suit in Federal District Court in Tacoma against  Andritz AG, a large international industrial concern with headquarters in  Austria. Ovalstrapping is seeking an  injunction to prevent continued use by Andritz of misappropriated technology in  the design of pulp tying equipment Andritz offers around the world. 
Ovalstrapping has a long history of design and production of machinery  used in the pulp and paper industry, and the company's innovative  and unique method of tying bales of pulp with wire is respected around the  world. Andritz contracted with Ovalstrapping to be its exclusive supplier of  tying equipment (machines) in pulp mills Andritz built around the world.  
Overstrapping maintains that, while  working closely with Ovalstrapping equipment and contrary to agreements between  the two parties, Andritz secretly misappropriated Ovalstrapping designs and  technology to create its own line of tying equipment (machines). The losses to  Ovalstrapping amount to tens of millions of dollars.  
  |