GYG Gyg Plc

RNS Number:5506I
Gyrus Group PLC
06 September 2006



6 September 2006


                  Gyrus and Medtronic Settle Patent Lawsuit

Gyrus Group PLC and Medtronic Xomed, Inc., a subsidiary of Medtronic, Inc,
announce that they have today agreed to settlement terms to end the long-running
patent infringement dispute brought against Gyrus ENT by Medtronic Xomed.  In
the litigation, which was filed approximately two years ago, Medtronic Xomed
contended that the Gyrus "Diego" micro-debrider system infringed certain patent
rights held by Medtronic Xomed.  Pursuant to the settlement, Medtronic Xomed and
Gyrus ENT are dismissing with prejudice their respective claims and
counterclaims.  The settlement also includes mutual covenants not to sue each
other on various patents and patent applications with respect to each company's
current micro-debrider product lines. There are no damages or payments involved
and each party will be responsible for its own costs and attorney fees incurred
to date.


Enquiries:


Gyrus Group PLC                                            Tel: 01189 219750
Brian Steer, Executive Chairman
Simon Shaw, Chief Financial Officer

Financial Dynamics
Ben Atwell                                                 Tel: 0207 831 3113


                      This information is provided by RNS
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