iPoint-Systems Launches Web-based Tool for Conflict Minerals Compliance

Reutlingen (ots) - "iPoint Conflict Minerals Platform" Helps
Companies Comply with Dodd-Frank Act and Related Rules

iPoint-systems has launched the iPoint Conflict Minerals Platform
(iPCMP), a web-based data management solution that will enable
companies across the manufacturing industries to identify whether
their products contain conflict minerals. The release of this tool is
very well-timed, as reporting requirements of the Dodd-Frank Act
(2010) and related rules have been adopted by the U.S. Securities and
Exchange Commission (SEC) on August 22, 2012.

Section 1502 of the Dodd-Frank Act and related SEC rules require
every publicly traded company "with conflict minerals necessary to
the functionality or production of a product it manufactures or
contracts to be manufactured" to provide an annual disclosure report
on conflict minerals- i.e. minerals and their derivatives originating
from, and financing conflict in, the Democratic Republic of the Congo
or adjoining countries. These statutory requirements are going to
affect more than 280,000 companies worldwide which are going to face
huge challenges in tracking the origin of minerals across their
global supply chains.

The iPCMP, which was developed in close collaboration with the
Automotive Industry Action Group (AIAG), provides the entire supply
chain a solution to this challenge: it streamlines the reporting
processes by building on the leading Conflict Minerals reporting
standard that was developed by the Electronic Industry Citizenship
Coalition (EICC) and the Global e-Sustainability Initiative (GeSI).
The application enables companies to document their conflict minerals
status efficiently by gathering data from all of their suppliers.

"The platform is based on iPoint's extensive experience in
creating and implementing product-related environmental compliance
solutions within the value chain and it is an important part of our
holistic sustainable supply chain approach," said Jörg Walden, CEO of
iPoint. "iPCMP users can efficiently manage large volumes of
information requests. A host of add-on features such as integrated
validation checks, statistics, online report storage and granular due
diligence reports, ensure that our customers meet the traceability
requirements of the Dodd-Frank Act."

For a limited time, interested companies may test the iPCMP on a
free-trial-basis. With a view to the future, iPoint is going to
integrate the iPCMP into a comprehensive compliance & sustainability
software suite to support companies across the whole range of
reporting needs.

For more information on the iPoint Conflict Minerals Platform,
visit http://www.conflict-minerals.com

For more information on iPoint-systems, the world's leading expert
in environmental product compliance and sustainability, visit
www.ipoint-systems.com

For more information on the Automotive Industry Action Group,
visit www.aiag.org

Contact and further information::
iPoint-systems gmbh
Katie Böhme
Communications Manager
Ludwig-Erhard-Str. 52-56
D-72760 Reutlingen
Phone: +49 (7121) 1 44 89-60
Fax: +49 (7121) 1 44 89-89
katie.boehme(at)ipoint-systems(dot)de