WILMINGTON, DELAWARE - In response to a recent U.S. federal court ruling in Indianapolis related to allegations about the design of specific Pioneer corn seed packaging, Paul E. Schickler, president, Pioneer Hi-Bred, a DuPont (NYSE: DD) business, issued the following statement:
"This ruling does not restrict Pioneer's rights to distribute its high-performing corn seed containing Herculex(R) insect traits and Pioneer genetics through its PROaccess(SM) distribution relationships. Products will be available to farmers as planned for 2011 planting.
We have filed a motion to reconsider the ruling and are considering a number of legal options to address our concerns about the ruling, including an appeal.
The court ruling focused on the seed packaging of certain corn seed products sold through Pioneer's PROaccess(SM) business unit. Based on this ruling, Pioneer is now considering options to modify the design of certain bags in the future.
To meet the challenge of increasing agricultural productivity, U.S. farmers need to be able to choose among the best combinations of traits and germplasm for their fields. Pioneer's PROaccess(SM) distribution system provides more choices to farmers. It's clear through the level of market acceptance since Pioneer began the PROaccess(SM) business unit that growers want choice and are pleased with product performance."
DuPont (www.dupont.com) is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
The DuPont Oval Logo, DuPont(TM), The miracles of science(TM) and PROaccess(SM) are registered trademarks, trademarks or service marks of DuPont or its affiliates.
Herculex(R) Insect Protection technology by Dow AgroSciences and Pioneer Hi-Bred. (R)Herculex is a registered trademark of Dow AgroSciences LLC.