UANI Applauds Hitachi for Ending Its Business in Iran, Following Discussions with UANI

FOR IMMEDIATE RELEASE December 1, 2011 Contact: Nathan Carleton, press@uani.com Phone: (212) 554-3296 UANI Applauds Hitachi for Ending Its Business in Iran, Following Discussions with UANI New York, NY - United Against Nuclear Iran (UANI) on Thursday announced that Japanese technology conglomerate Hitachi has decided to end its business in Iran. Following discussions with UANI, Hitachi this week informed UANI that it "has stopped all new business with Iran and is in the process of winding down contracts pre-existing our policy directive to end all new business." UANI is satisfied with Hitachi's pledges and will make note of the company's new Iran policy on the Iranian Business Registry (IBR). Said UANI President, Ambassador Mark D. Wallace: We applaud Hitachi for its responsible decision to pull out of Iran. We are satisfied with Hitachi's pledges to wind down existing contracts there, and we thank Hitachi's executives for their concern, time, and responsiveness. All companies--especially those involved in the Iranian oil and gas sector--should follow Hitachi's example, and end their business in Iran. The international community and corporations like Hitachi are continuing to take action to economically isolate Iran's lawless regime from the rest of the world. Iran's rulers are seeing that their illegal pursuit of nuclear weapons, sponsorship of terrorists, and overall disregard for international law have serious financial consequences. On August 4, 2011, UANI publicly called on Hitachi to end its business in Iran, given the regime's illegal nuclear weapons program and support for terrorism. As UANI noted at the time, Hitachi maintained an active presence in Iran, having provided it with gas turbines and induction motors used in the Iranian oil and gas sector. In correspondence with the SEC, Hitachi had also openly acknowledged profiting from its business activities in Iran. In its discussions with UANI, Hitachi stated that it, in September 2011, "issued a directive instructing Hitachi and all of its subsidiaries to end all further business activities with Iran." Click here to view UANI's Iranian Business Registry. ### 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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