11/20/2003

Kryptonite and Distributor Found Guilty of Patent Infringement; Jury Awards Kensington More Than $1 Million in Damages

ACCO Brands, Inc. and its Kensington division today announced that they have prevailed in a lawsuit against Kryptonite Corporation and its distributor, American Power Conversion Corporation (APC), protecting Kensington's patented computer security lock technology. ACCO's Kensington division is the maker of the market-leading MicroSaver computer security cable locks and holds numerous patents relating to its lock technology.

A jury in Marshall, Texas agreed with Kensington on every count that Kryptonite's products - all four models of the Quick Mount Cable Lock - infringe Kensington's patents. The jury found that Kensington should be paid damages in excess of $1.13 million by Kryptonite and APC. ACCO Brands and Kensington will now seek injunctive relief to prevent future sales of the infringing products.

"While we aren't surprised by this courtroom victory, it underscores the critical importance of vigorously defending our patented products and intellectual property," said Paul Easthope, President of Kensington Technology Group. "There is no substitute for the Kensington MicroSaver, and we will continue to advance our long history of innovation by providing customers and consumers with the most reliable computer security products on the market. Kensington is a recognized leader and innovator in computer security - we created the security slot found on 95 percent of all laptops made today - and we will continue to set the industry standard in computer physical security, with products specifically designed to work with the Kensington Security Slot."

Notes to editors

About Kensington

Kensington is a leading provider of desktop and mobile device accessories, trusted by IT, educators, business and home office professionals around the world for more than 35 years. Kensington products empower people to dynamically interact with content, creating a better working experience for productive performance. In both office and mobile environments, Kensington’s extensive portfolio of award-winning products provides trusted security, desktop productivity innovations, and ergonomic well-being. Our core competencies in engineering, industrial design, product quality and responsive customer support make Kensington The Professionals’ Choice^™.

Headquartered in San Mateo, California, Kensington operates as the technology division of ACCO Brands (NYSE: ACCO), one of the world’s largest designers, marketers and manufacturers of branded business, academic and consumer products, sold in more than 100 countries across the globe.

Kensington is the inventor and worldwide leader in laptop security locks, the acknowledged leader of Trackball innovation and offers a broad range of premium-branded desktop productivity solutions.