Conflict Minerals Policy
New Wave Design and Verification, LLC Conflict Minerals Policy
On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law. The Dodd-Frank Act and related U.S. Securities and Exchange Commission rules require certain companies to disclose the extent to which the products they manufacture or contract to manufacture contain so called conflict minerals sourced from mines in the Democratic Republic of the Congo (DRC) or adjoining countries. Conflict minerals include tantalum, tin, tungsten and gold, which are used in many electronic components and computer products.
New Wave Design and Verification, LLC promotes the traceability of these minerals and the transparency of the supply chain. New Wave Design and Verification, LLC firmly believes that its customers should be informed about the products they purchase. While New Wave Design and Verification, LLC is not subject to the SEC ruling New Wave Design and Verification, LLC is committed to working with its customers to supply products that meet the customer’s specifications. Important information on the use of conflict minerals in the technology supply chain is being compiled by the Electronics Components Industry Association and the Electronics Industry Citizenship Coalition. New Wave Design and Verification, LLC uses Silicon Expert to verify vendors conflict status and view reporting templates and conflict mineral policies and statements.
New Wave Design and Verification, LLC does not directly purchase any conflict minerals from any source and endeavors not to purchase products that contain conflict minerals that directly or indirectly finance or benefit armed groups in the DRC or adjoining countries. New Wave Design and Verification, LLC expects its suppliers to these aspects of its business to only source minerals from responsible sources. New Wave Design and Verification, LLC fully understands the importance of this issue to its customers and is committed to supply chain initiatives and overall corporate social responsibility and sustainability efforts that work towards a conflict free supply chain. We are encouraging all of our suppliers to support these efforts and make information on the origin of their product components easily accessible on their websites and through www.eciaonline.org.