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Press Release: Singapore Exchange Mainboard-listed Sarin Technologies Ltd. announced that Dharmanandan Diamonds Pvt. Ltd., in order to meet its growing needs for internal scanning technology acquired additional Galaxy/Solaris systems, thus becoming our first customer to-date to have 10 GalaxyTM and SolarisTM systems (of various models) in house. Sarin Technologies is a worldwide leader in the development, manufacturing, marketing and sale of precision technology products and services for the evaluation, planning, processing, measurement and grading of rough and polished diamonds and gems.
Hitesh Patel, the managing director and principal of Dharmanandan Diamonds, a leading manufacturer in the global diamond industry and a highly reputable De Beers sightholder, said, "In current market conditions, technology plays a vital role in enabling one to stay ahead in the highly competitive world. When faced with the need to optimize the quality and value of the polished stones realized from our rough diamonds, we also needed to ascertain how best to enhance our internal inclusions mapping capabilities, so as to support the growing demand for quality diamonds from our customers and to be able to forecast the availability of the final polished product within an accurate time frame. During our extensive research of available offerings from leading vendors, we assessed various systems using various technologies. Our analysis clearly showed that the Galaxy and Solaris automated inclusion mapping systems, when paired with Sarin's newest planning offering, the Advisor 5.0, provide the best results and, thus, best suit our needs. Using these systems together all but guarantees optimal rough diamond utilization, to increase quality and net polished diamond value while minimizing the time involved in the process, so as to drive returns to previously unattainable levels. To this end we have invested and continue to invest significant multi-million dollar sums in technology, as we have done again in this latest quarter."
Uzi Levami, the CEO of Sarin, stated, "The unmatched technology, the accuracies, automation and ease of use provided by Sarin's products from the Galaxy / Solaris family of inclusion scanning and mapping systems and the Advisor planning software offer diamond manufacturers an exclusive and comprehensive solution to maximize the value of their output. With the soon to be released Galaxy Ultra, providing microscope-level automated and comprehensive inclusion mapping, Sarin will have added a completely new level to the rough diamond scanning and planning suite. We are honored to have had Dharmanandan Diamonds express such a resounding vote of confidence in our unique solutions, as manifested again by their latest acquisitions."
About Dharmanandan Diamonds:
Dharmanandan Diamonds, built on the solid foundations of integrity, trustworthiness, product quality and above all, customer service, is a highly reputable name in the global diamond business. Since its establishment in 1985, Dharmanandan Diamonds has steadily grown its business, putting innovation in technology at its core. Dharmanandan Diamonds has successfully blended traditional values and ultra-modern business practices with a passion for research, development and dynamic innovation. With a team of experts spanning the globe, it keeps a constant watch over market trends, customer demand and the latest fashions. Dharmanandan Diamonds has a wide range of products – mainly round diamonds but also meets customized requirements for fancy shapes such as princess, marquise, pear, baguette, etc., in sizes from 0.01-carat to 5.00 carats, D to M colors and IF to I2 clarity grades. For more information about Dharmanandan and its products, visit www.dharmanandan.com
About Sarin Technologies:
Established in 1988, Sarin Technologies Ltd. is a worldwide leader in the development and manufacturing of advanced planning, evaluation and measurement systems for diamond and gemstone production. Sarin products include diamond cut, color and light performance grading tools, the Galaxy family of inclusion mapping systems, rough diamond optimization systems, laser cutting and shaping systems and laser-marking and inscription machines. Sarin systems have become an essential gemology tool in every properly equipped gem lab, diamond appraisal business and manufacturing plant and are today considered essential items by both diamond dealers and retailers. For more information about Sarin and its products and services, visit www.sarin.com.
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