The LGL Group, Inc. : MtronPTI - Statement re Conflict Metals
January 17, 2012 at 07:37 pm
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January 17, 2012
RE: USE OF CONFLICT METALS STATEMENT
Dear MtronPTI Customer:
This letter serves to inform you that MtronPTI ("the
Company") is aware of the proposed rules that would require
companies to disclose annually whether any conflict minerals
that are necessary to the functionality or production of a
product manufactured by the company originated in the
Democratic Republic of the Congo ("DRC") or an adjoining
country.
At this point, the Company has begun the process of working
with our vendors to ensure that materials supplied to the
Company do not contain metals that are sourced from the DRC.
While the Company has no reason to believe that we are
supplied conflict metals from that region, we are working to
be in a position to provide assurance to our customers once
we have completed a certain level of due diligence with our
suppliers.
We will provide updates as available. As a leading
manufacturer of frequency control devices, timing modules and
filters, we are committed to sound ethical practices and full
compliance with all laws and regulations.
If you have any questions please do not hesitate to contact
Customer Service at (800) 762-8800. Sincerely,
R. LaDuane Clifton, CPA
Chief Accounting Officer, Compliance Head
LC/zg
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The LGL Group, Inc. is a holding company engaged in services, merchant investment and manufacturing business activities. The Company, through its subsidiary, Precise Time and Frequency, LLC (PTF), produces industrial electronic instruments and commercial products and services. PTF operates from its design and manufacturing facility in Wakefield, Massachusetts. It operates through two segments: Electronic Instruments and Merchant Investment. The Electronic Instruments segment operates through PTF, which is engaged in the design of frequency and time reference standards that form the basis for timing and synchronization in various applications, including satellite communication, time transfer systems, network synchronization, electricity distribution and metrology. The Merchant Investment segment consists of various investment vehicles in which the Company has a shareholder, partner, or general partner interest, and through which LGL Group invests its capital.
THE LGL GROUP, INC. 
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