Bentonville, AR, January 31, 2003 - Brass Eagle Inc., (Nasdaq: XTRM) the worldwide leader in the manufacturing, marketing and distribution of paintball products, and Odyssey Paintball Products LLC of Garland, Texas, jointly announces the settlement of Brass Eagle’s lawsuit against Odyssey, alleging violation of one of Brass Eagle’s loader patents that was pending in the United States District Court for the District of South Carolina.  

Odyssey Paintball agreed to pay Brass Eagle an undisclosed sum of money and both parties have agreed to dismiss the suit.  

John Flynn, Vice President and General Counsel of Brass Eagle, said “We reserved the right to relitigate this matter if necessary, however, at the present time, we are satisfied with the results of this litigation.  Brass Eagle will continue to vigorously enforce its intellectual property rights.”
 

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