The purpose of the company is to conduct product tests, inspections and certifications of products, devices, machines, systems and similar items, as well as to develop international procedural standards; quality certifications and registration services regarding compliance with applicable procedural standards for the globally active Underwriters Laboratories group, as well as support for the global business area of the Underwriters Laboratories group; training and education in the field of quality, environmental, health and safety management; conducting laboratory tests for existing and new technologies. For this purpose, the company can conclude license agreements with other Underwriters Laboratories group companies and with third parties. The company can establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, take over representations and enter into all transactions and contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related to it. It can also provide financing for its own account or for the account of third parties, as well as guarantees and sureties for affiliated companies and third parties. It can acquire, manage and sell real estate.