Kraft Foods Patent Settlement

Category:

Friday, May 31, 2013 9:00 am EDT

Dateline:

NORTHFIELD, Ill.

On February 27, 2013, Kraft Foods filed a lawsuit against Land O'Frost in the federal district court in Wisconsin for patent infringement of Kraft's U.S. Patent No. 7,172,779 which covered a pre-sliced cold cuts package sold in grocery stores.

The parties have reached a settlement, the terms of which will remain confidential. Kraft Foods has a long history of innovation.

ABOUT KRAFT FOODS GROUP

Kraft Foods Group, Inc. (NASDAQ: KRFT) is one of North America’s largest consumer packaged food and beverage companies, with annual revenues of more than $18 billion. With the spirit of a startup and the soul of a powerhouse, Kraft has an unrivaled portfolio of products in the beverages, cheese, refrigerated meals and grocery categories. Its iconic brands include KraftMaxwell HouseOscar Mayer, Philadelphia, Planters, Velveeta, Capri Sun, JELL-O and Lunchables. Kraft’s 23,000 employees in the U.S. and Canada have a passion for making the foods and beverages people love. Kraft is a member of the Standard & Poor’s 500 and the NASDAQ-100 indices. For more information, visit www.kraftfoodsgroup.com and www.facebook.com/kraft.

 

Contact:

Kraft Foods Group, Inc.
Sydney Lindner, 608-285-6820 or 847- 646-4538
news@kraftfoods.com

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