Northwest Territorial Mint Settles with Washington State Attorney General

Northwest Terrotorial MintAuburn, Washington, September 19, 2008 — Northwest Territorial Mint today announced it has reached a settlement with the office of the Washington State Attorney General with regard to a lawsuit brought earlier this year.

“We are happy to announce that we have settled with the Attorney General after the state had made numerous allegations, many of which had no basis in fact,” said Ross Hansen, President.

As part of the agreement, Northwest Territorial Mint agreed to clarify the language of its web site to more clearly state its delivery policies — policies that remain substantially unchanged from those which have been in place since the company went into business in 1984.

Assistant Attorney General Paula Selis said that “this Consent Decree should not reflect adversely on Defendant’s business practices.” (Page 2, lines 17&18 of the Decree).

A small settlement and related costs were paid to the Attorney General’s office in order to resolve the matter to allow the Company to return its attention to the servicing of its clients.

Northwest Territorial Mint admitted no wrongdoing in the settlement, which was acceptable to the Attorney General’s office.

About Northwest Territorial Mint

Northwest Territorial Mint, one of the last few remaining private, full-service mints in the US, employs 140 people, has two facilities in the State of Washington, and has been recognized by the State of Washington for its work in mainstreaming marginal workers when possible. In 2007, it was named Medium Private Employer of the Year by the Governor’s Committee on Disability Issues and Employment. The company has been lauded for its work for the U.S. military, police departments, and fire departments around the nation. Its custom clients include Washington State’s Secretary of State and the U.S. Department of Defense.

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