http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20121116:nBw166001a Iran No Longer Able to Securely Print RialNEW YORK--(Business Wire)--On Friday, United Against Nuclear Iran (UANI) applauded Germany`s Koenig & BauerAktiengesellschaft (KBA) for ending its currency printing business in Iran. Last month, after launching its Rial Currency Printing Campaign, UANI announcedthat KBA, the world`s second-largest security bank note printing pressmanufacturer, ended its currency printing business in Iran, a developmentreported by The New York Times. All three companies contacted by UANI as part ofthe campaign have confirmed an end to their currency printing business in Iran. In continued discussions with UANI this week, KBA stated that "W e are glad toconfirm regarding banknote printing presses that we have discontinued deliveriesof all spare parts and auxiliary equipment for any machinery or materialspreviously provided to the Central Bank of Iran. "Furthermore," said KBA, "we reiterate our commitment to fully comply withapplicable trade sanctions against Iran..." Said UANI CEO, Ambassador Mark D. Wallace: KBA Group, including KBA-NotaSys SA Switzerland and Koenig & Bauer AG Germany,has confirmed the end of its Iran currency printing business, including thedelivery of all spare parts and auxiliary equipment for any machinery ormaterials previously provided to the Central Bank of Iran. We applaud KBA forits responsiveness and diligence on this matter and its responsible decision. With KBA`s withdrawal, the Iranian regime can no longer procure the technology,equipment and material necessary for the secure printing of Iranian rials.Without the ability to freely and securely print the rial, Iran will no longerbe able to manipulate its currency in order to counter the effects ofhyperinflation. Click here to read UANI`s October 3, 2012 letter to KBA.Click here to read the New York Times article, "Iran Sanctions May Cut Supply ofCurrency."Click here to view UANI`s Iran Rial Currency Printing Campaign website.Click here to view UANI`s Iran Currency Tracker. United Against Nuclear IranNathan Carleton, 212-554-3296press@uani.comCopyright Business Wire 2012
UANI Applauds KBA for Clarifying and Fully Ending its Currency Printing Business with Iran, Including Commitment to Discontinue Delivery of All Parts and Equipment
November 16, 2012




















