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ASICS Seeks Injunction and Damages From Payless

26 June 2006

ASICS America Corporation (Irvine, California)and ASICS Corporation Japan (Kobe, Japan) announced today that they havefiled a lawsuit in Federal District Court in the US District Court, CentralDistrict of California against Payless Shoesource, Inc. (Topeka, Kansas)for trademark infringement, unfair competition, trademark dilution andfalse advertising. ASICS is seeking a preliminary and permanent injunctionagainst Payless to prevent any future sales and distribution of theirshoes, in particular their CHAMPION brand shoes, which bear a stripe designsimilar to ASICS® famous Stripe Design trademark. In addition, ASICS isalso seeking damages, including profits and attorney fees from Payless.


ASICS Corporation, with more than 50 years of footwear manufacturingexperience, offers a full line of performance-driven athletic shoes andtechnical active sports apparel and accessories. The ASICS® shoe lineincludes cutting-edge, technical footwear for running, racing, crosscountry, track and field, walking, training, court, basketball, wrestling,volleyball, cheerleading, as well as fashion footwear offered in itsSportstyle and Onitsuka Tiger® lines.


The stripe design featured on the sides of ASICS® shoes is a trademark ofASICS Corporation and is a registered trademark in most countries of theworld. www.asicsamerica.com


Contact:Michael E. ZallASICS Vice PresidentGeneral Counsel(949) 727-7118


SOURCE:  ASICS America Corp.

Source: marketwire


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