Asentria Corporation is committed to sound and ethical practices and works diligently to be in full compliance with all applicable laws and regulations within our industry.
We have been working for some time now to ensure that our supply chain is in compliance with Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Wall Street Reform Act) enacted in July of 2010 which requires publicly traded companies in the United States to conduct due diligence with respect to "Conflict Minerals", the use of which contributes to the Human Rights violations in the Democratic Republic of Congo (DRC). The US Securities and Exchange Commission (SEC) will enforce these rules beginning in 2014 requiring all US companies to disclose annually whether they use 3TG metals (tantalum, tin, tungsten, and gold) that originated in the DRC and adjacent countries.
Though Asentria Corporation is currently not a publicly traded company, we provide products to many companies which are. We understand the importance of this compliance to our customers and are working diligently with our suppliers to ensure that the components we purchase and design into our products which contain tantalum, tin, tungsten and gold are not sourced from mines in the DRC which benefit the armed groups resulting in the human rights violations.
As a manufacturer, we do not source directly from smelters or mines and as such it is necessary to work closely with our component and sub-assembly manufacturers to assure conflict free metals in our supply chain.
We are addressing Conflict Materials in the following ways with respect to our supply chain. Asentria Corporation has or is in the process of: