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Substantive Enhancement of Information Iran

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6/18/2008
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030708-FACRL-IA-08 FAC No. [ text deleted ] [ [ [ [ text text text text deleted deleted deleted deleted ] ] ] ] Dear Mr. [ text deleted ]: This responds to your letters of March 13, 17, and 31, 2003, regarding the entry of [ text deleted ] (the “U.S. Company”), a U.S. provider of Internet-based listings of companies in the field of [ text deleted ], into a Licensing Agreement with [ text deleted ] (the “non-U.S. Company”), based in [ text deleted ] (the “Agreement”), to provide certain information for posting on the U.S. Company’s Web site regarding companies in Iran. It is our understanding that the U.S. Company, in association with [ text deleted ], maintains a database containing certain basic information, including name, address, telephone number and product line, for companies throughout the world. The U.S. Company proposes to offer, for a fee, pursuant to the Agreement with the non-U.S. Company, enhanced Internetbased listings for companies in Iran that wish to expand the information posted about them on the U.S. Company’s Web site. Such enhanced listings include [ text deleted ]. These enhanced listings would be produced at the behest of and for the benefit of customers in Iran. The Iranian Transactions Regulations, 31 C.F.R. Part 560 (the “ITR”), prohibit the exportation, reexportation, sale or supply, directly or indirectly, from the United States or by a U.S. person, wherever located, of any goods, technology or services to Iran or the Government of Iran. This prohibition also applies to the exportation, reexportation, sale or supply of goods, technology or services to a person in a third country undertaken with knowledge or reason to know that the goods are intended specifically for supply, transshipment or reexportation, directly or indirectly, to Iran or the Government of Iran. ITR, § 560.204. -2The prohibition in ITR § 560.204 on exports to Iran or the Government of Iran does not apply to the exportation to any country of information and informational materials. ITR, § 560.210(c). The term information and informational materials is defined in ITR § 560.315 to include publications, films, posters, phonograph records, photographs, microfilm, microfiche, tapes, compact disks, CD ROMs, artworks, and news wire feeds. In addition, § 560.210(c)(2) of the ITR provides that the information and informational materials exemption does not apply to transactions related to information and informational materials not fully created and in existence at the date of the transactions, or to the substantive or artistic alteration or enhancement of informational materials, or to the provision of marketing and business consulting services. The exemption for information and informational materials set forth in the ITR does not apply to the U.S. Company’s provision of enhanced listings for customers in Iran as described in your letters and the Agreement. Such transactions would appear to constitute the substantive enhancement of information provided by the Iranian customers and the provision of additional services. For example, the Agreement indicates that, under the authority of the U.S. Company, the non-U.S. Company will be selling services such as [ text deleted ] to companies in Iran. In addition, the Agreement indicates that the U.S. Company will be providing online customer support. The provision of such services to Iran would be prohibited by ITR § 560.204 in the absence of a license. It would be inconsistent with current licensing policy to specifically authorize such transactions. Sincerely,

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