FineTest supports the spirit of all Conflict Materials guidelines. FineTest supports the spirit of these rules and our publicly held customers efforts to eliminate the use of tantalum, tin, gold and tungsten from improper sources that could promote such serious problems in the DRC and adjoining countries.
FineTest Statement regarding Conflict Minerals:
Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Act) enacted in July 2010 directs the U.S. Securities and Exchange Commission [SEC] to create a Rule that imposes new supply chain reporting requirements on publicly traded companies regarding the use of conflict minerals columbite-tantalite (coltan), cassiterite, gold, wolframite, or their derivatives (tantalum, tin, gold and tungsten) that directly or indirectly finance or benefit armed groups in that region.
While FineTest Inc. is a privately held company and not bound by the SEC Rule, FineTest supports the spirit of the Rule and our publicly held customers efforts to eliminate the use of tantalum, tin, gold and tungsten from improper sources that could promote such serious problems in the DRC and adjoining countries.
As with all electronic devices purchased and/or used by FineTest, the following metals possibly could be a constituent part of the components.
Tantalum (Ta)
Tin (Sn)
Gold (Au)
Tungsten (W)
At this time, we do not know of any of these metals originating from the Democratic Republic of the Congo or an adjoining country.
We have already received Conflict Minerals compliance letters from our major suppliers.
Our objective is to have a conflict-free supply chain.
If FineTest becomes aware of a supplier whose supply chain includes metals from a conflict source, FineTest will take the appropriate actions to address the situation in a timely manner.
FineTest expects our suppliers to take similar measures with their suppliers to ensure alignment throughout the supply chain.
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