NEEDHAM, MA -- PTC today announced the availability of its PTC Materials Compliance Solution for conflict minerals as a managed service. The PTC Materials Compliance Solution for conflict minerals enables manufacturers to comply with regulations from the US Securities and Exchange Commission governing the identification and reporting of conflict minerals within their products and across their supply chains.

With the first SEC filing deadline just six months away, the new rapid deployment option for PTC’s solution enables companies to quickly implement a systematic response to this fresh compliance challenge.

PTC's conflict minerals tool systematically assesses and reports on the status of conflict minerals within a company's products and across its supply chain. It also automates the collection of supply chain data and reasonable country of origin inquiries (RCOI), generate internal risk assessment reports, and collect key information needed for the reports required by both the SEC and customers.

By offering these functions as a managed service, PTC installs, operates and maintains all software and related infrastructure necessary to support the solution.

According to PTC, Motorola Mobility is using the service to support its industry-trend-setting compliance efforts.

“At Motorola Mobility, we take a systems approach to environmental data management and compliance, and the PTC Materials Compliance Solution delivers a common platform and standard processes to help us manage our initiatives,” said Bill Olson, director office of sustainability and stewardship, Motorola Mobility. “PTC’s conflict minerals solution helps us to automate our mature compliance processes, establish a solid reporting system to efficiently meet regulatory and customer requirements, and further distinguish our corporate leadership in the area of compliance.”

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