Exhibit (99.1)

EASTMAN KODAK COMPANY

Media Contacts:
Gerard Meuchner  585-724-4513      gerard.meuchner@kodak.com
James Blamphin   585-724-5036      james.blamphin@kodak.com
David Lanzillo   585-781-5481      david.lanzillo@kodak.com

Kodak and Sun Microsystems Settle Lawsuit
Sun to Pay Kodak $92 Million as Part of Agreement

ROCHESTER, N.Y., Oct. 7 -- Eastman Kodak Company (NYSE: EK)
announced today that it and Sun Microsystems Inc., with the
assistance of the U.S. District Court for the Western District
of New York, have reached a tentative agreement to settle a
lawsuit filed by Kodak regarding a software architecture based
on the Java computer language. On October 1, 2004, a federal
jury determined that Sun infringed three Kodak patents. Kodak
filed suit in February 2002.
  Pending the signing of a final agreement, Sun will pay Kodak
$92 million cash in return for a license for the patents at
issue. Additional details were not disclosed.
  "We achieved our goals in this case, which was to protect
our intellectual property rights," said Willy Shih, Kodak
senior vice president.  "We are pleased that the Court has
validated these fundamental Kodak patents and we now look
forward to building a more productive relationship and
continued collaboration with Sun, with whom we have enjoyed a
close partnership for nearly two decades."

About Eastman Kodak Company and infoimaging

Kodak is the leader in helping people take, share, print and
view images -- for memories, for information, for
entertainment. The company is a major participant in
infoimaging, a $385 billion industry composed of devices
(digital cameras and flat-panel displays), infrastructure
(online networks and delivery systems for images) and services
& media (software, film and paper enabling people to access,
analyze and print images). With sales of $13.3 billion in
2003, the company comprises several businesses: Health,
supplying the healthcare industry with traditional and digital
image capture and output products and services; Graphic
Communications Group, offering on-demand color printing and
networking publishing systems consisting of three wholly owned
subsidiaries: Encad, Inc., NexPress Solutions, and Kodak
Versamark; Commercial Imaging, offering image capture, output
and storage products and services to businesses and
government; Display & Components, which designs and
manufactures state-of-the-art organic light-emitting diode
displays as well as other specialty materials, and delivers
imaging sensors to original equipment manufacturers; and
Digital & Film Imaging Systems, providing consumers,
professionals and cinematographers with digital and
traditional products and services. For more information visit:
www.kodak.com.

2004