UANI Applauds Ingersoll Rand For Its Decision to End Business in Iran

FOR IMMEDIATE RELEASE March 10, 2010 Contact: Kimmie Lipscomb, press@uani.com Phone: (212) 554-3296 UANI Applauds Ingersoll Rand For Its Decision to End Business in Iran New York, NY - UANI applauds Ingersoll Rand for its decision to end its sales into Iran. Ingersoll Rand, on Monday, responded to UANI's request that it end its business in Iran. In a letter to UANI President Ambassador Mark D. Wallace, the President and CEO of Ingersoll Rand, Michael W. Lamach, acknowledged that Ingersoll Rand has done business in Iran and announced Ingersoll Rand's intentions to end its business in Iran immediately. UANI, on March 2, 2010 called on Ingersoll Rand to end its business in Iran. On March 4, 2010, UANI responded to Ingersoll Rand's public comments about its business in Iran. Ingersoll Rand, on March 8, 2010, replied to UANI and agreed to end its sales into Iran. In a letter responding to Ingersoll Rand's decision, UANI President Ambassador Mark D. Wallace on Tuesday, March 9 wrote: I appreciate your acknowledgement that Ingersoll Rand has done business in Iran through its foreign subsidiaries, and dealers. We appreciate your recognition that 'in light of the very real and escalating concerns about the intentions of the current regime in Iran, many global companies around the world have opted to refrain from doing business with Iran.' On behalf of United Against Nuclear Iran please accept my thanks for your personal commitment that 'Ingersoll Rand now joins those companies, and effective immediately will have its foreign subsidiaries stop accepting orders for all products, components and parts where the subsidiary knows such products, components or parts would be destined for Iran. UANI maintains on its website the Iran Business Registry (IBR), a list of companies that have been reported to do business in Iran. UANI calls on all companies to cease doing business in Iran. By signing UANI's Iran Business Declaration companies can certify publicly that they do not conduct business in Iran. UANI has effectively pressured companies such as General Electric, Huntsman, Siemens, and Caterpillar to end their business in Iran. # # # United Against Nuclear Iran (UANI) is a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. The prospect of a nuclear-armed Iran should concern every American and be unacceptable to the community of nations. Since 1979 the Iranian regime, most recently under President Mahmoud Ahmadinejad's leadership, has demonstrated increasingly threatening behavior and rhetoric toward the US and the West. Iran continues to defy the International Atomic Energy Agency (IAEA) and the United Nations in their attempts to monitor its nuclear activities. A number of Arab states have warned that Iran's development of nuclear weapons poses a threat to Middle East stability and could provoke a regional nuclear arms race. In short, the prospect of a nuclear armed Iran is a danger to world peace. United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons. UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons. The Objectives of United Against a Nuclear Iran Inform the public about the nature of the Iranian regime, including its desire and intent to possess nuclear weapons, as well as Iran's role as a state sponsor of global terrorism, and a major violator of human rights at home and abroad; Heighten awareness nationally and internationally about the danger that a nuclear armed Iran poses to the region and the world; Mobilize public support, utilize media outreach, and persuade our elected leaders to voice a robust and united American opposition to a nuclear Iran; Lay the groundwork for effective US policies in coordination with European and other allies; Persuade the regime in Tehran to desist from its quest for nuclear weapons, while striving not to punish the Iranian people, and; Promote efforts that focus on vigorous national and international, social, economic, political and diplomatic measures. UANI is led by an advisory board of outstanding national figures representing all sectors of our country.

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