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Wynwood Furniture Reports Settlement of Copyright Lawsuit

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Wynwood Furniture, a wholly owned division of DMI Furniture, Inc., and Flexsteel Industries, Inc., announced it has successfully settled its copyright and trade dress infringement lawsuit against Endura, Inc. Wynwood brought the lawsuit against Endura based upon the infringement of Wynwood's long running and successful Cordoba, Antiquo Blanco, and Granada home furnishings collections. With regard to the settlement, Joseph G. Hill, President and COO of Wynwood, stated, “We do not hesitate to resort to legal action to protect our designs, but at the same time we are glad to have resolved this matter amicably.” “We are pleased that the intellectual property laws reward companies like Wynwood who take the time and effort to produce new and original designs," said Hill. Wynwood works hard to provide their retailers exclusive designs not available from others in the marketplace. Hill continued, "We will continue to take aggressive action where necessary to protect ourselves and our dealers.” As part of the settlement, Endura and other defendants recently added to the lawsuit who are believed to be officers of Endura include Unang Wijaya, Soenandar Santosa Gani, and Dan Mocias, agreed to immediately stop production of the Endura Seville and Barcelona collections that Wynwood asserted as infringing. Endura also agreed to make a monetary payment to Wynwood. In exchange, Wynwood agreed to a dismissal of the lawsuit although expressly reserved rights to bring legal action against any future designs it believes infringes upon its valuable rights. Wynwood declined further comment on the settlement. About DMI Furniture and Wynwood Wynwood Furniture provides high quality and fashion rich bedroom, dining, occasional, upholstery, and home office furniture to throughout the United States, Canada, and beyond. Using top-industry designers, Wynwood produces furniture employing unique materials and the latest trends in shapes, textures, and colors. See http://www.wynwoodfurniture.com/ Flexsteel Industries, Inc. (NASDAQ: FLXS) is headquartered in Dubuque, Iowa, and was incorporated in 1929. Flexsteel is a designer, manufacturer, importer, and marketer of quality upholstered and wood furniture for residential, recreational vehicle, office, hospitality, and healthcare markets. See http://www.flexsteel.com/