Israel, 30 May 2011 – Singapore Exchange Mainboard-listed Sarin Technologies Ltd (“Sarin”) (U77.SI), a worldwide leader in the development, manufacturing and sale of precision technology products for the planning, processing, evaluation and measurement of diamonds and gems, is pleased to announce that Laurelton Diamonds, a wholly owned
subsidiary of Tiffany, has selected Sarin’s Galaxy™ 1000 for their inclusion mapping and diamond planning facility in Antwerp, Belgium. Laurelton Diamonds was created by Tiffany to ensure the integrity of their supply chain, and manages Tiffany’s worldwide supply chain, sources and procures rough diamonds, cuts, polishes and supplies finished stones to Tiffany.
Mr. Mark Hanna, Vice President of Laurelton Diamonds, said, ``To ensure the integrity and esteem of Tiffany’s brand, we, of course, strive for the highest quality and value of our polished diamonds. This entails being able to ascertain the most information possible about our rough diamonds as early as possible in the planning stage. We believe the information
provided by the Galaxy™ 1000 system will help enhance our planning process.”
Uzi Levami, Chief Executive Officer of Sarin, stated, ``We are honored to have been selected
by Tiffany’s Laurelton Diamonds as their supplier of choice and are confident the Galaxy™
1000 and Advisor™ 4.5 superior planning capabilities will justify their vote of confidence.``
About Laurelton Diamonds:
Laurelton Diamonds is a wholly owned subsidiary of Tiffany & Co. Established in 2002, the company ensures the integrity and high quality of Tiffany’s diamonds through strict control of a global supply chain that sources, cuts, polishes and supplies finished stones to Tiffany & Co. Laurelton Diamonds wholeheartedly supports the process of producer country beneficiation. Their facilities are equipped with custom-designed, state of the art equipment and their employee development and training programs are designed to equip the local workforce to meet Tiffany’s exacting quality standards. Laurelton Diamonds has operations in the United States, Belgium, South Africa, Botswana, Namibia, Vietnam, and Mauritius. For more information about Laurelton and Tiffany & Co., visit: www.tiffany.com and www.laureltondiamonds.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 and color grading tools, the Galaxy™ 1000 inclusion mapping system, rough diamond optimisation 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 http://www.sarin.com