Adamas (NASDAQ: JEWL), The Original Lab-Grown Diamond Company(TM), a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, lab-grown Diamonds for jewelry and diamond materials for industrial and technology uses, recently announced its plans to increase its presence in the semiconductor sector, as well as the appointment of Peter Cohen as VP of Business Development. Cohen will report to Chief Operating Officer Gerald McGuire and initially concentrate on the utilization of lab-grown diamonds in the production of semiconductors in industrial and technology sectors. “Lab-grown diamonds’ thermal conductivity and durability make them ideal for use in semiconductor devices. We believe our patented technology provides us with a significant opportunity to address the increasing demands of the semiconductor sector,” said Adamas CEO Jay Grdina. “We are excited to welcome Peter to our team, where he will work with Jerry to solidify our presence in the semiconductor space and then help identify more consumer-oriented opportunities with our soon-to-be-launched Elle Jolie luxury jewelry line. Having worked closely with him in multiple capacities for over a decade, I am confident Peter has the significant reach, especially across the media and entertainment landscape, that will help Adamas One substantially expand awareness and market penetration.”
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About Adamas One Corp.
Adamas is a lab-grown diamond manufacturer that, in its facilities in Greenville, South Carolina, produces near flawless single-crystal diamonds for gemstone and industrial applications. The company holds 36 patents and uses its proprietary chemical vapor deposition (“CVD”) to grow gem-sized and smaller diamond crystals. Adamas One(TM) lab-grown diamonds have the same physical, chemical and optical properties as mined diamonds. The company’s controlled manufacturing processes enables it to produce very high-quality, high-purity, single-crystal colorless, near colorless and fancy colored Type IIA diamonds to suit a variety of industrial and gemstone applications. The company intends to market and sell its diamonds into the wholesale jewelry and industrial markets. For more information, visit www.AdamasOne.com.
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