Practitioner Panel Describes Challenges and Solutions to Meeting the Requirements of Dodd-Frank Section 1502

Woburn, MA -- (SBWIRE) -- 05/05/2014 -- Green Status Pro sponsored a unique peer-to-peer webinar, May 31 Deadline: Conflict Minerals Lessons Learned, on May 1,2014. Leading practitioners described the challenges they faced implementing the SEC's Conflict Minerals Reporting requirement in their companies; their solutions; and the improvements they will make in their programs during 2014.

The panel described that their greatest challenge was to meet their customers' conflict minerals reporting requirement by providing accurate information on demand. The major problem they faced since the inception of their conflict minerals programs was inaccurate information from their suppliers. This increases both the cost and risk of doing business with suppliers whose conflict minerals reporting processes do not meet the requirements and objectives of Dodd- Frank Section 1502.

"The key lesson learned is that competency in the Conflict Minerals Reporting process provides suppliers with a competitive advantage," summarized Rob Kasameyer, president of Green Status Pro "Suppliers that have decided not to meet the basic reporting requirements are already being phased out. The next step is to remove suppliers whose RCOI information is inaccurate or not available on demand because they lack an effective continuous monitoring and reporting process."

The SEC requires that Filers replace suppliers that are non-supportive of the Conflict Minerals rule. Filing companies are requesting supply chain information from their suppliers in conformance with the SEC's Conflict Minerals requirements. While the rule itself allows Filing companies to report their conflict minerals use as 'undeterminable' for a transition period of 2 to 4 years based on company size, Filers are putting in place their systems now, and are requiring their suppliers to do the same. This is giving pro-active suppliers opportunities to differentiate and out flank their competition.

"A significant lesson learned from the panel is the term 'DRC conflict undeterminable' is obsolete. Customers regard it as inaccurate. Corporate governance policies and SEC regulations both prohibit misleading or false statements. Smaller Filers have customers who are large Filers so their 4-year transition period is moot," reported John Logan, founder of Green Status Pro. "Companies will classify suppliers who continue to claim their 3TG are 'DRC conflict undeterminable' as 'High Risk.'

The panel provide many additional Lessons Learned, such as "Manual processing of supplier information is out: you must automate" and "In 2014, we will have a third-party audit whether or not required for executive review." Green Status Pro has made the session publicly available. A recording of the May 31 Deadline: Conflict Minerals Lessons Learned webinar is now available by clicking here and at the Green Status Pro website, Green Status Pro.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by providing a knowledge-based solution to automate Due Diligence Reporting. Green Status Pro is the leader in automating and simplifying SEC Conflict Minerals Reporting as legislated by Dodd-Frank Section 1502. Green Status Pro is the only cloud-based software service in the world that provides the knowledge base to document a firm's OECD Conflict Minerals Due Diligence program and automate its RCOI reporting. Green Status Pro is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information about Green Status Pro, please visit GreenStatusPro.com.

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Businesses and Developers Can Now Automate Conflict Minerals Compliance Documentation and Reporting as a Secure, Central Service Hosted on the SoftLayer Cloud

Woburn, MA -- (SBWIRE) -- 04/29/2014 -- Green Status Pro has announced a partnership with IBM that delivers the power of Green Status Pro's cloud-based compliance management service platform through the IBM Cloud marketplace. Starting today, IBM clients can try the industry-leading conflict minerals reporting service for free. IBM clients can submit up to 15 EICC-GeSI Conflict Minerals Report Templates (CMRTs) and the service will provide them with critical RCOI (reasonable country of origin inquiry) reports valued at $4,500.

On May 31 each year SEC Filers subject to the conflict minerals reporting requirements of Dodd-Frank Section 1502 must file Form SD. Filers must include a description of their reasonable country of origin inquiry (RCOI) process and findings. The RCOI process requires obtaining EICC-GeSI CMRTs from all suppliers whose products contain gold, tin, tungsten, or tantalum, validate their data, create a Consolidated Smelter Report and then publish the company's own Conflict Minerals Report.

Green Status Pro's RCOI Reporting Service reads data from suppliers' EICC-GeSI CMRTs, validates that the data has been correctly submitted, identifies high-risk suppliers and, based on a user-definable rule set, highlights supplier inputs that require validation. It then generates key RCOI reports, including Consolidated Smelter Report, All Reported Smelters Listing, Smelter Compliance Status Report and Aggregated Declarations Report.

"Responsible companies recognize that excellence in conflict minerals reporting can provide a competitive advantage," declared Rob Kasameyer, president of Green Status Pro. "As the May 31st deadline for the first-time filing of SEC Form SD approaches, executives responsible for Conflict Minerals Reporting are feeling increasing pressure. IBM and Green Status Pro have partnered to provide a solution that is less costly, faster and more accurate than current manual methods."

The IBM Cloud marketplace offers clients access to more than 100 SaaS applications hosted on the powerful SoftLayer infrastructure-as-a-service and IBM's rich intellectual capital and deep industry expertise. This single online destination with a suite of cloud services delivers a new buying experience for clients that enables line of business professionals to deploy new services faster; allows developers to build them with greater speed; and offers IT departments more creative, efficient and lower-cost ways to deliver these services.

To learn more about Green Status Pro's Conflict Minerals RCOI Reporting Service in the IBM Cloud marketplace, click here.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by providing a knowledge-based solution to automate Due Diligence Reporting. Green Status Pro is the leader in automating and simplifying SEC Conflict Minerals Reporting as legislated by Dodd-Frank Section 1502. Green Status Pro is the only cloud-based software service in the world that provides the knowledge base to document a firm's OECD Conflict Minerals Due Diligence program and automate its RCOI reporting. Green Status Pro is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information about Green Status Pro, please visit GreenStatusPro.com.

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Panel of Leading Electronics Companies Will Share Insights in Interactive Discussions

Woburn, MA -- (SBWIRE) -- 04/28/2014 -- Learn how executives responsible for conflict minerals reporting at Plantronics, Quantum and Astronics are managing compliance with Dodd-Frank Section 1502. They will review their challenges and solutions.

"Responsible companies recognize that excellence in conflict minerals reporting can provide a competitive advantage," declared Rob Kasameyer, president of Green Status Pro. "Therefore we are bringing together leading practitioners in companies that are both filers and suppliers working within normal industry budget constraints to lead a real world discussion of best practices."

The objective of this webinar is to provide executives responsible for conflict minerals reporting with insights from their peers. Following a panel discussion, a significant amount of time will be devoted to the panel interactively providing solutions to questions audience members submit.

"As the May 31st deadline for the first-time filing of SEC Form SD approaches, executives responsible for Conflict Minerals Reporting are feeling increasing pressure. For example, since virtually no one has submitted their completed Form SD, a Conflict Minerals Report model does not exist. Among corporate managers there is significant uncertainty on whether to make the full-disclosure required to satisfy their customers or follow legal counsel's advice and only release the minimum amount of information," declared John R. Logan, Green Status Pro founder. "Practitioners learn best when they learn from each other. Therefore, Green Status Pro is sponsoring this peer-to-peer webinar on May 1."

This webinar is intended for compliance officers, operating and procurement managers as well as corporate legal counsel.

Date: Thursday May 1, 2014

Time: 2:00pm-2:45pm Eastern / 11:00am-11:45am Pacific)

Click to Register now!

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by providing a knowledge-based solution to automate Due Diligence Reporting. Green Status Pro is the leader in automating and simplifying SEC Conflict Minerals Reporting as legislated by Dodd-Frank Section 1502. Green Status Pro is the only cloud-based software service in the world that provides the knowledge base to document a firm's OECD Conflict Minerals Due Diligence program and automate its RCOI reporting. Green Status Pro is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information about Green Status Pro, please visit www.greenstatuspro.com

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Industry leaders Green Status Pro and Candela Solutions secure an agreement to provide expert guidance and a cloud-based software service for those required to comply with SEC’s Conflict Minerals Rule as legislated by Dodd-Frank Section 1502.

Woburn, MA -- (SBWIRE) -- 04/11/2014 -- The leader in automating and simplifying SEC Conflict Minerals Reporting, Green Status Pro, and public accounting firm specialized in governance and compliance, Candela Solutions, announced today a collaborative agreement to deliver a comprehensive solution for SEC Filers, which includes a cloud-based software. The initiative is intended to design and automate the reporting process for those who are required to comply with Dodd-Frank Section 1502.

"Corporate executives are asking for the most cost-effective solution possible that meets the humanitarian objectives of Dodd-Frank Section 1502 and satisfies the requirements of the SEC Conflict Minerals Final Rule," stated Ronald Kral, Managing Partner, Candela Solutions. "Audit committees, CEOs and CFOs are insisting that their corporation's ongoing conflict minerals reporting process includes the necessary controls required for ensuring auditable results, a repeatable process, and SEC compliance."

SEC Form SD for Conflict Minerals Reporting is required to be filed under Section 13(p) of the Securities Exchange Act by May 31st each year. Issuers file this report under the Act (15 U.S.C. 78a et seq.) and it falls under the scope of "disclosure controls" as defined by the SEC. A company's CEO and CFO must attest quarterly that they are responsible for establishing and maintaining disclosure controls, and have evaluated the effectiveness of the disclosure controls. Failure to file a timely or accurate Form SD can harm the reputation of the company, as well as that of the certifying CEO, CFO, and the board of directors who is ultimately responsible for executive management oversight.

"Failure to file timely or appropriately can also trigger major issues, such as a class action lawsuit, from a plaintiff attorney arguing that investors were not provided adequate disclosures resulting in making investment decisions without consideration of all necessary and accurate information," explained Mr. Kral.

"Filers are focusing on simultaneously preparing for independent private sector audits while lowering on-going costs," added Robert Kasameyer, President of Green Status Pro. "Candela Solutions designs and implements the appropriate Conflict Minerals Reporting procedures and controls, including those necessary for meeting the SEC's Due Diligence requirements, while Green Status Pro automates the process. Our customers obtain a Conflict Minerals reporting solution that meets the requirements of the SEC, investors, customers and consumer advocates with significantly lower annual operational costs than manual methods, and through a much simpler process."

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by providing a knowledge-based solution to automate Due Diligence Reporting. Green Status Pro is the leader in automating and simplifying SEC Conflict Minerals Reporting as legislated by Dodd-Frank Section 1502, and the only cloud-based software service in the world that provides the knowledge base to document a firm's OECD Conflict Minerals Due Diligence program and automate its RCOI reporting. An IBM Business Partner, Green Status Pro hosts its applications on IBM's SoftLayer secure global cloud infrastructure. More information about Green Status Pro is available at GreenStatusPro.com.

About Candela Solutions LLC
Candela Solutions was founded as a public accounting firm in 2003 in response to a growing influx of SEC regulatory requirements and disclosures. The focus is on governance, risks, controls and compliance challenges for public and private companies considering going public. Education, advisory, support, and internal assurance services are provided by qualified personnel. Candela Solutions LLC is also registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education. More information and firm contacts can be found at CandelaSolutions.com.

Media Contact:
Ted Shediac
Business Development
617-869-3424
Ted.Shediac@GreenStatusPro.com

Media Contact:
PR Machine
Natalia Pinheiro
561.212.8024
Natalia@prmachine.co

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Green Status Pro supports executives responsible for Conflict Minerals Reporting with thought leadership, pragmatic best-practice advice, supplier EICC-GeSI CMRT processing, RCOI smelter report generation and automated due diligence documentation.

Woburn, MA -- (SBWIRE) -- 04/09/2014 -- Green Status Pro, the leading cloud-based software service for automating SEC Conflict Minerals Compliance Reporting, has authored a free White Paper to assist corporate executives in meeting the May 31st SEC Form SD filing deadline. Green Status Pro's White Paper, A Practical Guide to Conflict Minerals Reporting, should be read by every Conflict Minerals Compliance Officer AND the corporation's senior executive who will sign SEC Form SD to provide a common understanding of the regulatory requirements and business policy challenges created by Dodd-Frank Section 1502. It can be obtained for free by clicking here.

A Practical Guide to Conflict Minerals Reporting, provides an updated overview based on the most recent industry consensus on conflict minerals, clear guidance through the compliance process, and recommended best practices based on the OECD's Due Diligence Guidance. Documenting a company's due diligence is the foundation for preparing its Conflict Minerals Report. To satisfy the information needs of the SEC, customers, investors, and consumer activist groups, the Conflict Minerals Report should be included as Exhibit 1.01 with every publicly posted Form SD, whether specifically required or not.

"As the first SEC Form SD filing deadline, May 31, 2014, approaches, US corporate executives are recognizing they must include their Conflict Minerals Report as an exhibit to Form SD to minimize enterprise and brand risk," explained Rob Kasameyer, president, Green Status Pro. "The Form SD Conflict Minerals Report focuses on policies and procedures designed to achieve the humanitarian objectives of Dodd-Frank Section 1502. Corporate executives who thought they only had to conduct an RCOI (Reasonable Country of Origin Inquiry) are now learning about the hidden risks in Dodd-Frank 1502 and seeking experienced guidance in managing their Conflict Minerals Reporting efforts."

A Practical Guide To Conflict Minerals Reporting clearly lays out in 20 pages the steps companies must take to be in conformance with the SEC's Conflict Minerals Final Rule. It describes the reasonable procedures a company should have in place in order to be able to file and publicly post a Form SD with a Conflict Minerals Report that will pass the scrutiny of the SEC, investors, customers, the media and NGOs.

"Green Status Pro is the only company whose software services are designed specifically to support executives responsible for SEC Form SD reporting. Using Green Status Pro's automation technology, corporate executives can still meet the May 31st deadline," declared Steve Correia, operations vice-president. "RoadMap CM provides executives with a comprehensive, time-saving platform to document their corporation's conformance with the SEC's Conflict Minerals mandated due diligence policies and procedures. RCOI Ingestor Services provides within 2-business days the comprehensive EICC-GeSI CMRT validation and supply chain reporting that must be described in Form SD."

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by providing a knowledge-based solution to automate Due Diligence Reporting. Green Status Pro is the leader in automating and simplifying SEC Conflict Minerals Reporting as legislated by Dodd-Frank Section 1502. Green Status Pro is the only cloud-based software service in the world that provides the knowledge base to document a firm's OECD Conflict Minerals Due Diligence program and automate its RCOI reporting. Green Status Pro is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information about Green Status Pro, please visit GreenStatusPro.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Green Status Pro’s Ingestor Service solves the problem of accurately processing RCOI reports saving hundreds of hours of effort!

Woburn, MA -- (SBWIRE) -- 03/14/2014 -- Green Status Pro has announced that it is offering companies the opportunity to test drive their Ingestor Service for free. No downloads and no software to install. To receive two Reasonable Country of Origin Inquiry (RCOI) Reports at no cost, companies simply provide Green Status Pro with their company and contact name and upload and up to eight (8) supplier EICC-GeSI Conflict Minerals Report Templates (CMRTs). The free reports can be selected from a comprehensive suite of available of RCOI Ingestor-generated reports. All information is uploaded using the intuitive Green Status Pro website. Within two business days, RCOI reports are emailed, after having been thoroughly validated, analyzed and smelter entries consolidated.

Green Status Pro is dramatically improving the way U.S. corporations comply with Dodd-Frank section 1502 – the Conflict Minerals requirement. Companies are turning to Green Status Pro's cutting edge technology to quickly and accurately turn their suppliers' EICC-GeSI Conflict Minerals Report Templates (CMRTs) into reports that comply with the Reasonable Country of Origin Inquiry (RCOI) requirements of the law, and support the auditable due diligence requirements required by the SEC.

The SEC requires corporations file and place on their websites Form SD (Special Disclosure), and its associated Conflict Minerals report (CMR) no later than May 31, 2014. Complying with the SEC requirements impacts company brand reputation and must have the full attention of companies' Board of Directors, Investors, and Customers. With Green status Pro, companies can replace manual methods and turn to fast and accurate automated solutions to meet the SEC deadline. Green Status Pro's Ingestor Service accurately processes company RCOI reports, saving hundreds of hours of effort!

Try Green Status Pro's Ingestor Service for free today.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by providing a knowledge-based solution to automate Due Diligence Reporting. Green Status Pro is the leader in automating and simplifying SEC Conflict Minerals Reporting as legislated by Dodd-Frank Section 1502. Green Status Pro is the only cloud-based software service in the world that provides the knowledge base to document a firm's OECD Conflict Minerals Due Diligence program and automate its RCOI reporting. Green Status Pro is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information about Green Status Pro, please visit www.greenstatuspro.com

To initiate the process of obtaining Green Status Pro's RCOI reports, companies should contact Ted Shediac directly at ted.shediac@greenstatuspro.com or call 617.869.3424.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Only Service that Solves Problem of Accurately Processing Supplier EICC-GeSI Conflict Minerals Reports

Woburn, MA -- (SBWIRE) -- 02/27/2014 -- Green Status Pro is dramatically changing the way the 6,000 U.S. corporations that must file SEC Form SD on May 31, 2014, are preparing their RCOI (reasonable country of origin inquiry) reports. Companies are turning to Green Status Pro's technology to quickly and accurately turn their suppliers' EICC-GeSI Conflict Minerals Report Templates (CMRTs) into the reports they must have to be in compliance with Dodd-Frank Section 1502.

The new Dodd-Frank requirement puts pressure on corporations to consistently meet the humanitarian objectives of their customers, investors and employees to stop the violence in the Democratic Republic of the Congo.

Green Status Pro is announcing today its RCOI Ingestor Service's ability to generate a comprehensive suite of RCOI reports that include:
1. All Reported Smelters: All smelter entries by all suppliers
2. Consolidated Smelter Report: Duplicate smelter entries consolidated
3. Smelter Compliance Status Report: Smelters that are CFSI-designated conflict-free
4. Corrective Action Report: Smelters sorted by name for due diligence analysis
5. Rejected Entries Report: Incorrect supplier entries identified
6. Aggregated Declarations Report: Repository of all declaration answers by all suppliers
7. Smelters by Supplier Report: Suppliers and the smelters they reported in their supply chains
8. Comprehensive Suppliers Validation Report: Documents flags for each supplier's CRMT

"Our customers are saving hundreds of hours of effort to analyze and consolidate supplier smelter entries compared to manual methods," said Rob Kasameyer, Green Status Pro president. "Corporate compliance officers, general counsels, supply chain executives and chief financial officers are overwhelmed with the amount of effort required to process their suppliers RCOI reports provided in the industry-standard EICC-GeSI Conflict Minerals Report Template format. They are struggling to meet the deadline using manual methods."

Compared to a corporation's labor-intensive approaches, Green Status Pro's comprehensive suite of reports eliminates manual errors and omissions providing management significant benefits.
- Speed: They will meet SEC deadlines. Turnaround is 2 days as opposed to many months for manual methods;
- Cost Savings: They will spend significantly less time and monies to conform with the SEC's reporting requirements;
- Instant Expertise: The Conflict Minerals Reporting best practices are embedded in the Service.

"Fast turnaround is key to our customers' success. Using Green Status Pro communicates that our customers are committed to meeting the objectives of Dodd-Frank," added Steve Correia, VP of Operations. "May 31 is fast approaching and meeting the SEC's requirements has the full attention of the Board of Director's Audit Committee, Investors, and Customers. Companies that have already completed a manual review are verifying their results using Green Status Pro."

To initiate the process of obtaining Green Status Pro's RCOI reports, companies should contact Steve Correia directly at steven.correia@greenstatuspro.com or call 617.869.3424.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by providing a knowledge-based solution to automate Due Diligence Reporting. Green Status Pro is the leader in automating and simplifying SEC Conflict Minerals Reporting as legislated by Dodd-Frank Section 1502. Green Status Pro is the only cloud-based software service in the world that provides the knowledge base to document a firm's OECD Conflict Minerals Due Diligence program and automate its RCOI reporting. Green Status Pro is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro or contact: Ted Shediac, 1 (617) 869-3424.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Supplier EICC-GeSI Conflict Minerals Reports Processing Service Significantly Reduces Time Requirements

Woburn, MA -- (SBWIRE) -- 01/22/2014 -- Green Status Pro, the leader in Conflict Minerals Reporting, announces the industry's only processing service for both validating supplier EICC-GeSI Conflict Minerals Template Reports and delivering the resulting SEC-mandated Consolidated Smelter Report. Green Status Pro's innovative Ingestor Data Review and Reporting Service for Supplier EICC-GeSI Conflict Minerals Reports batch processes a customer's supplier RCOI reports; validates the data and reports inconsistencies with acceptable responses; and generates critical consolidated and aggregated reports. Green Status Pro (GSP) provides customers with 2-business day turnaround.

6,000 SEC Filers who must comply with Dodd-Frank Section 1502 by filing Form SD by May 31, 2014, and their estimated 200,000 plus private and off-shore suppliers can all benefit from Green Status Pro's highly secure Ingestor Data Review and Reporting Service.

"Corporate compliance officers, general counsels, supply chain executives and chief financial officers are overwhelmed with the amount of effort required to process their suppliers RCOI reports provided in the industry-standard EICC-GeSI Conflict Minerals Report Template format," declared Rob Kasameyer, Green Status Pro president. "The SEC has set a reporting deadline of May 31, 2014, and they will not make that deadline using conventional manual methods."

Companies provide Green Status Pro with their suppliers' EICC-GeSI Conflict Minerals reports and within 2 business days, they receive:
- Consolidated Smelter Report – A listing of all the smelters reported by the suppliers, eliminating exact duplicates. Includes all data provided in their EICC-GeSI Smelter List worksheet for each smelter and identifies the source Supplier Report(s) (Excel Format);
- Aggregated Declaration Report – Provides each supplier's input by question on the EICC-GeSI Declaration Worksheet, including comments, and sums for each question across all Suppliers (Excel Format);
- Smelter by Supplier Listing – Lists declared metal(s), smelters and associated smelter data as entered on the Smelter List Worksheet sorted by Supplier (Excel Format);
- Comprehensive Supplier Validation Report – Provides the Validation Messages for each supplier generated by Ingestor and identifies the source supplier EICC-GeSI Conflict Minerals Reports (MHTML and PDF Format).

Compared to today's manual methods, GSP's Ingestor Service provides the following significant benefits:
- Speed: Customers will meet SEC deadlines. Turnaround is 2 days as opposed to many months for manual methods;
- Cost Savings: Customers spend significantly less time and monies to conform with the SEC's reporting requirements;
- Instant Expertise: Conflict minerals reporting best practices are embedded in the Service;
- Ensure Accuracy: Technology ensures a level of accuracy impossible to match with manual methods;
- Risk Protection: Reduces enterprise and brand risk. Companies that do not properly conduct and report their RCOI risk losing customers.

Customers are charged by the number of supplier reports included in each GSP Ingestor Data Review and Reporting Service batch run.

"Every company that receives 50 or more EICC-GeSI Conflict Minerals Reports from its suppliers can benefit from the Ingestor Service," concludes Kasameyer. "Industry leaders recommend using leading-edge IT solutions to lower the cost of complying with Dodd-Frank Section 1502: Green Status Pro delivers."

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by streamlining the documentation of due diligence. Green Status Pro (GSP) delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. GSP is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Ingestor reduces Conflict Minerals EICC-GeSI Template RCOI report preparation time by 300-500 times with best-in-class results.

Woburn, MA -- (SBWIRE) -- 12/30/2013 -- Green Status Pro, the leader in Conflict Minerals Reporting, announces the industry's only software service, Ingestor™, to automate the SEC requirements for Reasonable Country of Origin Inquiry (RCOI) reporting. Ingestor meets the critical compliance needs of 6,000 corporations subject to SEC oversight that must report their sourcing and custody of gold, tin, tungsten and tantalum (3TG) by May 31, 2014 and all their suppliers back to the smelter.

"Corporate compliance officers, general counsels, supply chain executives and chief financial officers are overwhelmed with the amount of effort required to process their suppliers RCOI reports provided in the industry-standard EICC-GeSI Conflict Minerals Report Template format," declared Rob Kasameyer, Green Status Pro president. "The SEC has set a reporting deadline of May 31, 2014, and they will not make that deadline using conventional manual methods."

Ingestor is the first and only software service that can read EICC-GeSI templates, automatically identify inputs that need validation, and immediately generate the reports required as the basis for meeting the SEC's requirements for Form SD.

After a company uploads its suppliers' RCOI reports, Ingestor instantaneously creates these four key reports:
- Consolidated Smelter List – A listing of all 3TG smelters in the company's supply chains with associated data entered by suppliers' in their Smelter List worksheets. Exact duplicates removed; source document(s) identified (Excel Format);
- Smelter Listing by Supplier – For each supplier, lists declared metal(s), smelters and associated data. (Excel Format);
- Comprehensive Supplier Validation Report – Provides the validation messages for each supplier and documents the user's corrective actions. (MHTML and PDF Format);
- Aggregated Declaration Report – Summarizes each supplier's input for each EICC-GeSI Declaration question and aggregates all suppliers answers (Excel Format).

Compared to today's manual methods, automating with Green Status Pro's Conflict Minerals software service provides the following significant benefits:
- Time Savings: Ingestor is 300-500 times faster than manual methods;
- Cost Savings: Fewer employees and outside contractors are required for conflict minerals reporting;
- Quality: Reduces human error while supporting more complete due diligence reviews;
- Risk Reduction: The Ingestor process is the basis for producing due diligence documentation and comprehensive reports that will meet the requirements of auditors, the SEC and consumers whose purchase decisions take into account corporate social responsibility.

"Every company that receives 50 or more EICC-GeSI Conflict Minerals Reports from its suppliers can justify the acquisition of Ingestor," concludes Kasameyer. "This includes SEC-reporting US public companies with tens of thousands of smelter references to their small-to-midsized suppliers, both private and off-shore, with several hundred smelter references. Industry leaders recommend implementing leading-edge IT solutions to lower the cost of complying with Dodd-Frank Section 1502: Ingestor delivers."

Green Status Pro offers conflict minerals compliance officers the opportunity to process up to 25 EICC-GeSI Conflict Minerals Reports and receive their Consolidated Smelter Report. Individual free trials can be scheduled at Free Ingestor Test Drive.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. Green Status Pro is the leading cloud-based software service for automating compliance with the SEC's Conflict Minerals Rule. RoadMap for CM™ automates the SEC-mandated annual review of a company's conflict minerals due diligence procedures. Ingestor™ is the leading software service for automating the validation, due diligence reviews and reporting of suppliers' EICC-GeSI Conflict Minerals reports. Green Status Pro is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure. To learn more, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Conflict Minerals due diligence reporting software service for Dodd-Frank Section 1502 compliance protects brand reputation and reduces enterprise conflict minerals risk.

Woburn, MA -- (SBWIRE) -- 12/24/2013 -- Green Status Pro, the leader in Conflict Minerals Reporting, released its RoadMap CM™ software service today. Roadmap CM for Conflict Minerals automates the SEC-mandated annual review of a company's conflict minerals due diligence procedures. Roadmap CM is the only cloud-based application specifically designed to simplify SEC Conflict Minerals Rule due diligence reporting responsibilities.

Every corporation that is covered by Dodd-Frank Section 1502 must annually document the effectiveness of its OECD-based Conflict Minerals Program and publicly post the findings on its Web site. The litmus test of an effective conflict minerals program is its ability to pass an independent audit. Roadmap CM is the only cloud-based application that comprehensively supports a corporation's documentation of its conflict minerals due diligence procedures in preparation for an audit.

Roadmap CM uniquely supports compliance officers in meeting their Conflict Minerals Due Diligence Reporting responsibilities. At its core is a knowledge base with step-step instructions that can be customized to meet compliance officers' specific requirements. These instructions are based upon the Conflict Free Smelter Initiative reasonableness recommendations, SEC final rule and OECD Guidance. Conformance is cost-effectively documented using a digital Due Diligence Procedure Worksheet that is safely stored in the cloud. Comprehensive, auditable interim and final reports are generated immediately with a few clicks of the mouse.

"Every organization that is required to prepare a reasonable country of origin inquiry (RCOI) report for its customers and the SEC should use Roadmap CM. Roadmap CM is for due diligence what the EICC-GeSI Conflict Minerals Reports is for RCOI," pointed out Rob Kasameyer, Green Status Pro's president. "A Conflict Minerals Report must describe the effectiveness of the comprehensive measures Roadmap CM documents."

Roadmap CM and Ingestor™, which automates the acceptance and management of supplier EICC-GeSI Conflict Minerals Reports, combined are the most complete conflict minerals reporting services available for meeting the operational needs of compliance managers. They are fast to implement, intuitive to use, and secure. Customers own their data and can easily download it from the cloud. The benefit is mitigating the enterprise risk created by Dodd-Frank Section 1502.

Green Status Pro delivers the leading OECD Guidance Due Diligence Reporting software service for manufacturers who must comply with the SEC's Conflict Minerals Rule. It is an invaluable solution for corporations that must file Form SD with the SEC and their off-shore and private suppliers who must provide transparency into the supply chain.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by streamlining the documentation of due diligence. Green Status Pro (GSP) delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. GSP is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Conflict Minerals Consolidated Smelter Report reduces enterprise risk and minimizes time required to conduct an RCOI Review and Report.

Woburn, MA -- (ReleaseWire) -- 11/26/2013 -- Green Status Pro, the leader in Conflict Minerals Reporting, announces the availability of the industry's first Consolidated Smelter Report. Green Status Pro's Ingestor™ automatically collates and merges all smelter data from multiple supplier EICC-GeSI reports into one manageable, comprehensive report. The merged smelter report eliminates duplicate listings, providing the consolidated data needed to efficiently construct a company's own Reasonable Country of Origin Inquiry (RCOI) report.

The RCOI requirement for identifying and reporting smelters is overwhelming conflict minerals compliance officers. Large corporations have tens of thousands of smelter references that have to be validated and consolidated. Even a small company has hundreds. Ingestor's Consolidated Smelter Report allows compliance staff to consolidate supplier smelter lists in minutes as opposed to weeks.

"Every company that receives more than 50 EICC-GeSI Conflict Minerals Reports from its suppliers can justify the acquisition of Ingestor. Our market ranges from large US public companies to their small-to-midsized suppliers, both private and off-shore," stated John Logan, Green Status Pro's founder. "The benefits of Ingestor's Consolidated Smelter Report are why industry leaders recommend implementing leading-edge IT solutions to lower the cost of complying with Dodd-Frank Section 1502."

Only Ingestor automates the review and validation of the information suppliers provide their customers using the EICC-GeSI Conflict Minerals Reporting Template. Compared to today's current manual methods, automating with Green Status Pro's Conflict Minerals software service provides the following key benefits:

- Time Savings: Companies are running out of time to complete their 2013 RCOI Report. Ingestor is 100 times faster than manual methods;
- Cost Savings: Fewer employees and outside contractors are required;
- Quality: Reduces human error while supporting more complete due diligence reviews;
- Risk Reduction: The Ingestor process is the basis for producing due diligence documentation and comprehensive reports that will meet the requirements of auditors and pass the most stringent public scrutiny.

"Ingestor and its Consolidated Smelter Report is an essential tools for every company that will be posting its Conflict Minerals Report on its website," declared Rob Kasameyer, president. "Ingestor makes Conflict Minerals Reporting a repeatable process throughout an enterprise."

Green Status Pro offers conflict minerals compliance officers the opportunity to process up to 25 EICC-GeSI Conflict Minerals Reports and receive their Consolidated Smelter Report. Individual Test Drives can be scheduled at Free Ingestor Test Drive.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. Green Status Pro is the leading cloud-based software service for automating compliance with the SEC's Conflict Minerals Rule. ClearTrack™ for Conflict Minerals automates the SEC-mandated annual review of a company's conflict minerals due diligence procedures. Ingestor™ is the leading software service for automating the validation, due diligence reviews and reporting of suppliers' EICC-GeSI Conflict Minerals reports. Green Status Pro is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure. To learn more, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Conflict Minerals due diligence reporting software service for Dodd-Frank Section 1502 compliance protects brand reputation and reduces enterprise conflict minerals risk.

Woburn, MA -- (ReleaseWire) -- 11/07/2013 -- Green Status Pro, the leader in Conflict Minerals Reporting, released its ClearTrack™ software service today. ClearTrack for Conflict Minerals automates the SEC-mandated annual review of a company's conflict minerals due diligence procedures. ClearTrack is the only cloud-based application specifically designed to simplify SEC Conflict Minerals Rule due diligence reporting responsibilities.

Every corporation that is covered by Dodd-Frank Section 1502 must annually document the effectiveness of its OECD-based Conflict Minerals Program and publicly post the findings on its Web site. The litmus test of an effective conflict minerals program is its ability to pass an independent audit. ClearTrack is the only cloud-based application that comprehensively supports a corporation's documentation of its conflict minerals due diligence procedures in preparation for an audit.

ClearTrack uniquely supports compliance officers in meeting their Conflict Minerals Due Diligence Reporting responsibilities. At its core is a knowledge base with step-step instructions that can be customized to meet compliance officers' specific requirements. These instructions are based upon the Conflict Free Smelter Initiative reasonableness recommendations, SEC final rule and OECD Guidance. Conformance is cost-effectively documented using a digital Due Diligence Procedure Worksheet that is safely stored in the cloud. Comprehensive, auditable interim and final reports are generated immediately with a few clicks of the mouse.

"Every organization that is required to prepare a reasonable country of origin inquiry (RCOI) report for its customers and the SEC should use ClearTrack. ClearTrack is for due diligence what the EICC-GeSI Conflict Minerals Reports is for RCOI," pointed out Rob Kasameyer, Green Status Pro's president. "A Conflict Minerals Report must describe the effectiveness of the comprehensive measures ClearTrack documents."

ClearTrack and Ingestor™, which automates the acceptance and management of supplier EICC-GeSI Conflict Minerals Reports, combined are the most complete conflict minerals reporting services available for meeting the operational needs of compliance managers. They are fast to implement, intuitive to use, and secure. Customers own their data and can easily download it from the cloud. The benefit is mitigating the enterprise risk created by Dodd-Frank Section 1502.

Green Status Pro delivers the leading OECD Guidance Due Diligence Reporting software service for manufacturers who must comply with the SEC's Conflict Minerals Rule. It is an invaluable solution for corporations that must file Form SD with the SEC and their off-shore and private suppliers who must provide transparency into the supply chain.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by streamlining the documentation of due diligence. Green Status Pro (GSP) delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. GSP is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its applications on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

White Paper provides RCOI guidance for 2013 compliance.

Woburn, MA -- (ReleaseWire) -- 10/29/2013 -- Seven months from now, companies that report to the SEC are required to comply with Section 1502 of Dodd-Frank for the first time. "The vast majority of companies are taking the requirements of Dodd-Frank Section 1502 seriously: they are grousing but moving forward, and showing support for the humanitarian goals of Conflict Minerals," according to Rob Kasameyer, President of Green Status Pro, the leader in Conflict Minerals reporting.

Numerous filing companies are utilizing the industry-standard EICC-GeSI worksheet as the standard for their suppliers to document their sources of Conflict Minerals. Standardizing data sheets is one thing; documenting, validating, and consolidating the data are major challenges for Compliance Officers.

"Many corporate officers signing the SEC's required filing, will be alarmed by the lack of RCOI due diligence records," stated John Logan, Founder of Green Status Pro. "While numerous filers will report their sources of Conflict Minerals as 'undeterminable' in this first year, they still will be subject to the 'court of public opinion,' since the SEC requires the filing companies to present their Conflict Minerals Report on their website as well as to the SEC, and NGOs are preparing to attack laggards."

Suppliers of the filing companies also face serious business risks. "If a Supplier does not support its Customer's RCOI requirements, the Customer must put in place plans to replace the Supplier according to the OECD Guidance," observed Rob Kasameyer, President of Green Status Pro. "While filing companies are not subject to external compliance audits in the first year, filers concerned about their public image are putting in place diligence systems that will stand up to public scrutiny.

Best practices for both SEC Filers and their suppliers to efficiently manage the risks associated with Conflict Minerals Reporting are reviewed in the white paper "Conflict Minerals Reporting: Efficient Risk Management." While not constituting legal advice, it will help companies determine their preparedness, identify critical gaps in compliance programs, and describe best practices that are being implemented to efficiently manage Conflict Minerals enterprise risks.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. GSP delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. Green Status Pro (GSP) is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Green Status Pro introduced its new Ingestor™ to the EICC’s Conflict Free Sourcing Initiative Working Group earlier this month.

Woburn, MA -- (ReleaseWire) -- 10/25/2013 -- Green Status Pro's (GSP) Ingestor™ automatically processes and validates suppliers' EICC-GeSI Conflict Minerals reports, uploads and checks the data, creates a Due Diligence digital worksheet for each supplier, and collates all supplier data into a comprehensive, auditable report. "Ingestor is 100 times faster than manual methods, does not need training and does not get bored," reports Rob Kasameyer, president of Green Status Pro.

"Automating EICC-GeSI Conflict Minerals reporting with Ingestor™ saves time, minimizes the chances for human error and mitigates enterprise risk," stated John Logan, Green Status Pro's founder. "We were delighted with the feedback from the EICC. They agreed that Ingestor will reduce errors, mitigate enterprise risk, as well as dramatically reduce the time and resources currently committed to Conflict Minerals compliance."

The webinar recording is available at:GSP's Ingestor Introduction to EICC

In a well-received offer, GSP invited the EICC members to take the Ingestor for a test drive. Participants agree that Ingestor is a valuable tool for compliance officers as it minimizes the time required to validate suppliers EICC-GeSI reports while reducing the chance for human error.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. GSP delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. Green Status Pro (GSP) is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

White Paper provides roadmap for timely SEC compliance for 2013

Woburn, MA -- (ReleaseWire) -- 10/01/2013 -- Green Status Pro, the leader in Conflict Minerals Reporting, indicated the importance of properly preparing for Conflict Minerals.

On May 31, 2014, and every year thereafter, SEC Filers must comply with Section 1502 of the Dodd-Frank Act. This requires accurately preparing SEC Form SD and incorporating a Conflict Minerals Report detailing the enterprise's Due Diligence and RCOI efforts and outcomes. Form SD must be filed with the SEC and placed on the enterprise's website for public scrutiny.

"Conflict Minerals reporting is not a one-time event," stated John Logan, Founder of Green Status Pro. "Validating and updating supplier data is an on-going process that must be managed throughout the year. The worst time to try and respond to the requirements for preparing Form SD is after the reporting calendar year has ended and Form SD must be filed within weeks."

"Due to the uncertainty of how to properly implement an auditable Conflict Minerals Reporting Program, the majority of covered SEC Filers have not yet put in place the procedures required to achieve compliance," stated Rob Kasameyer, President of Green Status Pro. "Faced with numerous conflict minerals reporting risks that are extremely worrisome to senior executives, enterprises are seeking solutions for achieving compliance with the SEC's Conflict Minerals Final Rule."

Since the objective of Dodd-Frank Section 1502 is to trace the source and chain of custody of 3TG back from the final customer, Non-Filer Suppliers with SEC Filer customers in their supply chain must also put in place an auditable Conflict Minerals Reporting program. However Non-Filers have been extremely reluctant to incur the costs of putting in place a compliance program while their customers and the SEC are still expressing uncertainty about what the program must include.

Current preparation status and best practices for both SEC Filers and their Non-Filer suppliers to efficiently manage the risks associated with Conflict Minerals Reporting are reviewed in the white paper "Conflict Minerals Reporting: Efficient Risk Management." It does not constitute legal advice and consultation with legal counsel is strongly recommended. But it will help to determine preparedness, identify critical gaps in Conflict Minerals compliance programs, describe best practices to consider during the implementation process and the solutions Green Status Pro uniquely provides to efficiently manage Conflict Minerals enterprise risks.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. GSP delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. Green Status Pro (GSP) is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Current best practices for Dodd-Frank Section 1502 Conflict Minerals compliance are documented.

Woburn, MA -- (ReleaseWire) -- 09/11/2013 -- Green Status Pro, the leader in Conflict Minerals Due Diligence Reporting, announced the immediate availability of its most recent White Paper, Conflict Minerals Reporting: A Practical Guide for Conflict Minerals Compliance Managers. This report details the current status of Conflict Minerals program implementation as of September 2013.

"This White Paper is an essential guide for the six thousand SEC Filers directly impacted by the legislation, as well as the hundreds of thousands of suppliers throughout their global supply chains," commented John Logan, CEO of Green Status Pro. "It is a pragmatic guide for anyone who is affected by the conflict minerals regulation. It includes actionable perspectives from today's industry leaders."

Time is running out to meet the conflict minerals reporting requirements of Dodd-Frank Section 1502. Green Status Pro's White Paper will guide both SEC Filers and their Non-Filer suppliers to effectively manage the risks associated with Conflict Minerals Reporting. It will assist executives to determine their preparedness, identify critical gaps in their compliance program, and implement best practices.

"Conflict Minerals is a humanitarian issue that companies want to support. But it is also a compliance issue that must be managed accordingly," stated Rob Kasameyer, president of Green Status Pro. "Conflict Minerals is the most significant regulatory requirement for manufacturers since Sarbanes-Oxley but is broader and more complex. It impacts enterprise risk, customer and supplier relationships as well as compliance costs."

This timely White Paper is available for free download from the company's website, Green Status Pro.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. GSP delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. Green Status Pro (GSP) is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence and RCOI programs. GSP is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Conflict Minerals reporting software service for the implementation of Dodd-Frank Conflict Section 1502 compliance; reduces time required to process supplier reports by over 50%.

Woburn, MA -- (ReleaseWire) -- 09/04/2013 -- Woburn, Massachusetts – Green Status Pro, the leader in Conflict Minerals Reporting, unveiled its Ingestor™ module. The Ingestor™ is the industry's first and only service that automates the validation of supplier EICC-GeSI Conflict Minerals Reports, documents SEC-mandated due diligence reviews and generates consolidated reports.

"Ingestor is the most significant capability ever developed specifically for SEC Conflict Minerals Reporting," declared Rob Kasameyer, Green Status Pro's president. "Conflict Minerals compliance managers' report that they are spending up to 80% of their time managing suppliers' EICC-GeSI Reporting Templates. Green Status Pro's Ingestor will significantly reduce that time requirement."

Ingestor's goal is to mitigate the enterprise risk created by Dodd-Frank Section 1502. Ingestor efficiently and accurately processes suppliers Conflict Minerals Reports. Consolidated reports provide an audit trail that proves an organization's adherence to the Conflict Minerals Rule.

"Ingestor is an indispensable tool for managing Minerals Reporting. Ingestor is to Conflict Minerals what spreadsheets are to financial analysis," added Ted Shediac, Chief Sales Officer. "Ingestor replaces time consuming, inefficient manual methods. Most organizations will realize a pay-back period of less than one month."

Green Status Pro offers the leading OECD Guidance Due Diligence Reporting software service for manufacturers who must comply with the SEC's Conflict Minerals Rule. With the addition of the Ingestor module, Green Status Pro delivers the industry's most comprehensive Conflict Minerals solution.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. GSP delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. Green Status Pro (GSP) is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure.

For more information, please visit Green Status Pro.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Comprehensive Conflict Minerals solution for manufacturers whose customers are SEC-Registered and subject to Dodd-Frank Section 1502.

Woburn, MA -- (ReleaseWire) -- 08/27/2013 -- Green Status Pro, the leader in Conflict Minerals Due Diligence Reporting, announces the immediate availability of its cost-effective SMB (Small-to-Medium Size Business) Edition. The SMB Edition meets the requirements of manufacturers that supply components containing 3TG (Tantalum, Tungsten, Tin and Gold). The sourcing of 3TG, otherwise known as Conflict Minerals, must be documented by SEC-registered corporations as per Dodd-Frank Section 1502.

The real world impact of the SEC Conflict Minerals Rule is that entire supply chains whose final product contains conflict minerals must implement a Conflict Minerals Reporting program that is in conformance with the OECD Guidance. According to industry experts, this regulatory challenge must be met by 280,000 manufacturers around the world.

The problem facing SMBs is a lack of knowledge of what an adequate Conflict Minerals program entails; the expense to operate a Conflict Minerals program and time burden on management. Suppliers that do not properly implement a Conflict Minerals program face the risk of losing customers as per the SEC Conflict Minerals Rule requiring conformance to the OECD Guidance.

Green Status Pro's Conflict Minerals SMB Edition efficiently mitigates the Conflict Minerals risk. Green Status Pro (GSP) leverages the benefits of cloud computing to provide SMBs a secure knowledge-based, process-oriented solution to cost-effectively meet their customers' Conflict Minerals Reporting demands.

"Enterprises subject to the SEC Conflict Minerals Rule must contractually require their suppliers to put in place a Conflict Minerals due diligence and reporting program. Only GSP provides the breadth of functionality that SMBs must have at an affordable price," stated Rob Kasameyer, Green Status Pro's president.

Green Status Pro's knowledge-based solution provides comprehensive instructions to meet the requirements of the OECD Guidelines as required by the SEC Conflict Minerals Rule. GSP provides SMBs auditable reporting capabilities mandated by their customers. SMBs around the world are using Green Status Pro's software service to quickly implement a Conflict Minerals program to meet their customers' year-end reporting requirements.

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. GSP delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. Green Status Pro (GSP) is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit Green Status Pro

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Cloud-based software service for the implementation of Dodd-Frank Conflict Minerals compliance; provides auditable supply chain due diligence documentation for SEC Form SD.

Woburn, MA -- (ReleaseWire) -- 08/22/2013 -- Green Status Pro, the leader in Conflict Minerals Due Diligence Reporting, announced the immediate availability of the Enterprise Edition. The Enterprise Edition meets the requirements of corporations that must file SEC Form SD by May 31, 2014.

The objective of Green Status Pro's Conflict Minerals Enterprise Edition is to meet the organizational needs of multi-divisional, multi-national corporations. These corporations require consistent Conflict Minerals procedures across divisions. In addition, they are requiring their suppliers to document their own due diligence using Green Status Pro.

"Enterprises are using Green Status Pro's software service to efficiently mitigate the risk in Conflict Minerals Reporting," said Rob Kasameyer, Green Status Pro's president. "Only our cloud-based application provides the level of security that corporations and their suppliers are demanding."

Green Status Pro's knowledge-based solution provides the most comprehensive instructions to meet the requirements of the OECD Guidelines as required by the SEC Conflict Minerals Rule. Corporations and their suppliers use Green Status Pro's OECD-based instructions to Fast-Track the implementation of their Conflict Minerals Reporting program.

"The first step in a Conflict Minerals Reporting audit is reviewing the due diligence documentation. The objective of Dodd-Frank Section 1502 is to ensure that corporations are not funding the humanitarian crisis in DRC covered area," stated Ted Shediac, chief marketing officer. "Green Status Pro is the only software application specifically designed to document corporations' compliance with Dodd-Frank Section 1502."

About Green Status Pro
Green Status Pro's mission is to simplify the regulatory lives of operating managers by automating the documentation of due diligence. GSP delivers comprehensive Conflict Minerals, ISO 9001 and ISO 14001 due diligence solutions. Green Status Pro (GSP) is the only cloud-based software service in the world that provides the knowledge base to guide managers through the implementation of their firm's OECD Conflict Minerals Due Diligence program. GSP is an IBM Business Partner, hosting its application on IBM's SoftLayer secure global cloud infrastructure. For more information, please visit us at www.GreenStatusPro.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm