Capintec to Pay $23,000 to Settle EAR Violations; Exported to Party on Entity List w/o License
Capintec, a supplier of energy measurement products and services, will pay $23,000 to settle charges that it violated the Export Administration Regulations by exporting to a party listed on the Entity List without the required license. According to the Bureau…
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of Industry and Security settlement agreement, Capintec exported a dose calibrator to the Pakistan Atomic Energy Commission in May 2010, valued at $5,120. Shortly beforehand in February 2010, Capintec had received an outreach visit from BIS on the need to screen all parties to an export transaction against the Entity List, BIS said. If Capintec fails to pay the agreed amount in 30 days, BIS will assess interest and penalties, and may suspend the company’s export privileges for one year. Capintec neither admitted nor denied the allegations.