TORONTO, June 11 /CNW/ - Brick Brewing Company (TSX: BRB) and Labatt
Brewing Company Limited have reached a settlement in the suit Labatt had filed
seeking damages on three issues relating to Labatt's Brava and Brick's Red
Baron: trade-mark and copyright infringement, causing confusion to the
consumer, and causing Labatt financial harm.
Under the settlement, Brick will change Red Baron's label and secondary
packaging effective in the near future. Brava and Red Baron are both sold in
clear bottles and Red Baron had recently introduced both a label and secondary
packaging that Labatt claimed was creating confusion among consumers and
contaminated Brava's bottle "float" requiring manual bottle sorting by Labatt.
Charlie Angelakos, Vice President of Corporate Affairs for Labatt said
"We are pleased to be able to reach this settlement amicably with Brick. We
make a significant investment in our brands in order to connect with consumers
and the settlement will maintain Brava's unique graphic character."
Brick's President and CEO, George Croft commented "We will use the
opportunity presented by this settlement to introduce a new look for Red
Baron. We too are satisfied that an agreement was reached quickly and without
the need to resort to a court decision."
Labatt is one of the nation's longest-established and most successful
brewing companies. Today, the company is a proud member of Anheuser-Busch
InBev, producing over 60 quality beers, employing 3,000 Canadians, and
operating seven breweries from coast to coast. For more information about
Labatt visit: www.labatt.com.
About Brick Brewing
Brick Brewing Co. Limited is Ontario's largest Canadian-owned and
Canadian-based publicly held brewery. The Company is a regional brewer of
award winning premium quality and value beers. The Company, founded in 1984,
was the first craft brewery to start up in Ontario, and is credited with
pioneering the present day craft brewing renaissance in Canada. Brick has
complemented its Waterloo family of premium craft beers with other popular
brands such as Laker, Red Baron, Red Cap and Formosa Springs Draft. Brick
trades on the TSX under the symbol BRB. Visit us at www.brickbeer.com.
For further information:
For further information: Stephanie Kohls, Labatt, Tel: (416) 885-7847,
E-mail: email@example.com; George H. Croft, President and CEO, Brick,
Tel: (519) 576-9519 Ext. 247, E-mail: firstname.lastname@example.org