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Kodak Settles Patent Litigation with St. Clair Intellectual Property Consultants

Friday 16. May 2008 - Eastman Kodak Company (NYSE:EK) today announced that it has resolved its patent dispute with St. Clair Intellectual Property Consultants, Inc.

Effective May 14, 2008, the parties entered into a Settlement Agreement that resolves all of the litigation between them. Under the terms of the settlement, Kodak assigned its rights in the patents in dispute to St. Clair, and stipulated that St. Clair is the owner of the patents. St. Clair granted Kodak a full release and a license to the patents in dispute and committed to grant licenses to two other companies of Kodak’s choosing.

“We are pleased to have achieved a settlement that validates Kodak’s IP litigation strategy,” said Laura G. Quatela, Chief Intellectual Property Officer, and Vice President, Eastman Kodak Company. “As the inventor of the world’s first digital camera, we are proud of our innovation legacy and we are committed to ensuring that our products are available to our customers around the world.”