Advances in Production of Synthetic Diamonds Spawns Development of Low-Cost Screening Device
24 Julho 2012 - 8:00AM
Marketwired
Centaurus Diamond Technologies Inc. (the "Company"
or "Centaurus") (OTCBB: CTDTE) (OTCQB: CTDTE) (PINKSHEETS:
CTDTE) reports that a Hong Kong-based firm has developed a low-cost
and highly accurate device for screening and separation of
synthetic diamonds from nature. The device, a pen-shaped pointer
called the DiamaPen, will be introduced at the Hong Kong Gem and
Jewelry Fair. This news further illustrates that synthetic diamonds
are virtually indistinguishable from diamonds produced in nature.
Diamond traders are having a very difficult time distinguishing
synthetic diamonds, both HPHT- and CVD-grown diamonds, from their
natural counterparts. The development of this screening device
further illustrates the quality of synthetic diamonds in the
market.
Recently, The World Federation of Diamond Bourses (WFDB) called
for a meeting on the issue of "undisclosed synthetic diamonds." The
meeting, held in Las Vegas, included leading parties of the
International Diamond Manufacturers Association (IDMA), the Diamond
Trading Company (DTC) and leading diamond certification
laboratories. It was decided that all would join efforts to
preserve the transparency of the diamond trade for the benefit of
the global business to ensure that consumers can receive full
disclosure about the diamonds they purchase. Quality synthetic
diamonds are making their way into the market on a daily basis. The
diamond industry is working hard to put consumers' minds at ease so
they know exactly what they are purchasing. The man-made diamond
gemstone industry is still very much in its infancy, with only a
handful of companies producing them and turning out relatively
small numbers of stones. But unlike cubic zirconia, which is a
chemically different substance, laboratory gems are considered real
diamonds. Centaurus will work with the WFDB to fully disclose the
origin of all their diamonds.
About Centaurus Diamond Technologies
Centaurus has been established to fully commercialize its
proprietary, cost-efficient and high-volume diamond production
method to provide industrial quality diamonds. The Company's
patented technology enables the production of "cultured" diamonds
that are chemically, atomically and structurally identical to
natural diamonds. The Gemological Institute of America has tested
the Company's "cultured" diamonds and has confirmed they are
diamonds according to their testing protocols.
Safe Harbor Statement This press release
may contain certain "forward-looking statements" relating to the
business of Centaurus Diamond Technologies, Inc. and its subsidiary
companies. All statements, other than statements of historical fact
included herein, are "forward-looking statements." These
forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions, involve known and unknown risks and
uncertainties. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks and uncertainties, and these
expectations may prove to be incorrect. Investors should not place
undue reliance on these forward-looking statements, which speak
only as of the date of this press release. The Company's actual
results could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in the Company's periodic reports that
are filed with the Securities and Exchange Commission and available
on its website at http://www.sec.gov. All forward-looking
statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by these factors.
Other than as required under the securities laws, the Company does
not assume a duty to update these forward-looking statements.
For further information, please contact: American Capital
Ventures Tel: 1-305-918-7000
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