LOCAL MEN PLEAD GUILTY TO EXPORT ENFORCEMENT VIOLATIONS

NEW ORLEANS, LOUISIANA - JAMES C. ANGEHR, age 70, a resident of Kenner, Louisiana, and JOHN N. FOWLER, 69, a resident of Metairie, Louisiana, pled guilty today before the U. S. District Judge Lance M. Africk to a one-count bill of information charging them with conspiracy to violate the International Emergency Economic Powers Act and the Iranian Transactions Regulations, announced U. S. Attorney Jim Letten.

According to the factual basis, ANGEHR and FOWLER are owners and corporate officers of Engineering Dynamics, Inc. ("EDI") which is a Kenner, Louisiana engineering company that designed, produced, marketed, and supported Structural Analytical Computer Software ("SACS"), an engineering software program intended to assist in the design of offshore oil and gas structures. SACS is a controlled product under various United States laws and regulations due to the product's sophistication and its potential use. The defendants admitted that beginning in March, 1995 and continuing through February, 2007, they conspired to violate the International Emergency Economic Powers Act and the Iranian Transactions Regulations by exporting and attempting to export their SACS engineering software program to Iran without having first obtained the required authorizations from the Office of Foreign Assets Control.

ANGEHR and FOWLER each face a maximum term of imprisonment of five (5) years, a fine of $250,000 and three (3) years of supervised release following any term of imprisonment.

Sentencing has been scheduled for August 7, 2008 at 2:00 P.M.

The case was investigated by agents of U.S. Immigration and Customs Enforcement, the Department of Commerce, and the Federal Bureau of Investigation, and is being prosecuted by Assistant United States Attorneys Michael W. Magner and Gregory Kennedy.