|FOR IMMEDIATE RELEASE||
BUREAU OF INDUSTRY AND SECURITY
| Wednesday, December 31th, 2008
WASHINGTON, D.C. –The Commerce Department's Bureau of Industry and Security (BIS) announced today that Engineering Physics Software Inc., also known as COADE Inc., a provider of plant design and engineering software for the process industries, has agreed to pay a $130,000 civil penalty to settle allegations that it exported certain software to Iran and to companies on the BIS Entity List, all in violation of the Export Administration Regulations.
“This case demonstrates the need for appropriate training and compliance procedures to address exports and reexports of U.S. goods, technology and software,” said Mario Mancuso, the Under Secretary of Commerce for Industry and Security. “Implementing an effective compliance program can stop violations such as these before they occur.”
The allegations involved 16 exports of software to Iran via the United Arab Emirates, and six exports of software to Indian and Pakistani end-users listed on BIS’s Entity List. The United States government maintains a comprehensive embargo on Iran. The BIS Entity List maintains a listing of foreign end-users involved in proliferation activities that require a BIS Export License prior to shipment. The violations occurred between 2003 and 2006. The company voluntarily disclosed the violations and cooperated fully with the investigation.
Under Secretary Mancuso praised the BIS Dallas Field Office for its outstanding work on this caseBIS controls exports and re-exports of dual-use commodities, technology, and software for reasons of national security, missile technology, nuclear non-proliferation, chemical and biological weapons non-proliferation, crime control, regional stability and foreign policy. Criminal penalties and administrative sanctions can be imposed for violations of the Export Administration Regulations. For more information, please visit www.bis.doc.gov.