UANI Applauds Terex For Ending its Business in Iran

FOR IMMEDIATE RELEASE March 24, 2011 Contact: Nathan Carleton, press@uani.com Phone: (212) 554-3296 UANI Applauds Terex For Ending its Business in Iran New York, NY - United Against Nuclear Iran (UANI) applauds American construction conglomerate Terex for ending its business in Iran and pledging to earn no future revenues from any of its previous contracts there. As part of its Cranes Campaign, UANI on March 15, 2011 called on Terex to immediately end its business dealings in Iran and keep the Iranian regime from using Terex cranes for public executions. UANI's Cranes Campaign has highlighted the regime's abhorrent executions by hanging from cranes, and the disturbing reality that the cranes are coming from Western and Asian companies. In response to UANI, Terex stated that in 2010 it adopted a new policy prohibiting "all new business transactions in Iran by all of its non-U.S. subsidiaries." After UANI expressed concerns with the caveat of this policy allowing for the continuation of existing business arrangements, Terex stated that it "has derived no revenues from business in Iran since the third quarter of 2010" and "will have no future revenues from sales or business in Iran with the current Iranian regime in place." UANI accepts this pledge and will remove Terex from its Cranes Campaign. Responding to Terex's declaration, UANI President, Ambassador Mark D. Wallace, said: We applaud Terex for ending its business in Iran. Terex is a respected American company, and we take them at their word when they say they will not earn future revenues from any past sales or business in Iran. We thank them for sharing our concerns about the prospect of Iran's abusive and dangerous regime acquiring nuclear weapons. Doing business in Iran runs directly counter to global security, and anyone selling cranes there is contributing to the regime's ongoing execution binge. Any socially responsible company should be appalled at the possibility of having its products used for gruesome public executions, and we hope that all the companies identified in our Cranes Campaign will also end their business in Iran. As part of the Cranes Campaign UANI is also calling on Manitowoc, an American cranes company, and foreign equipment manufacturers such as Tadano (Japan), UNIC (Japan), Liebherr (Germany), Cargotec (Finland), Konecranes (Finland), XCMG (China), Kobelco (Japan), Zoomlion (China) and Gottwald (Germany) to account for their business in Iran and the prospect (and in some cases direct photographic evidence) that their cranes are being used for public executions. Click here to learn more about the UANI Cranes Campaign. ### 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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