P R ES S RE L EA SE
FOR IMMEDIATE RELEASE Sarin Launches GalaxyTM 1000 XL Service ? Broadens GalaxyTM 1000 inclusion mapping services to stones of up to 180 carats? Will significantly contribute to Sarin's recurring revenue from service centres
Kfar Saba, Israel, 16 January 2012 - 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 gemstones, is pleased to announce that it has launched its new GalaxyTM 1000 XL service.
The GalaxyTM 1000 XL (for Extra Large) system
broadens the range of rough diamonds that can be scanned for
internal inclusion mapping purposes from just under 17mm in
size on the existing systems to more than double - over 34mm.
This will allow rough diamonds weighing up to 180 carats,
approximately eight times more in weight than diamonds
scanned by the current systems, to be processed, so that all
but exceptionally large stones will be able to be scanned and
mapped for internal inclusions. Thus, these precious rough
stones will be able to
be planned by Sarin's AdvisorTM software with
the value of the derivative polished diamonds
optimised not only by Carat weight and Cut, but by Clarity,
as well. The considerable value- added benefits experienced
by users of our current systems will be even more profound,
when realised on these significantly more valuable gems in
the rough.
Having been in testing since the summer of 2011, as
previously announced, the GalaxyTM
1000 XL has now completed its qualification process. The
first system has been installed in the Group's service centre
in Israel, with the second unit already shipped to Surat,
India. They will join the multiple GalaxyTM 1000
regular systems and the GalaxyTM 1000 HD (High
Definition - up to VVS resolution) systems already in
operation there. Pricing of the XL service will be dependent
on the actual weight of the rough stone being processed and
will be
commensurate with the substantial added value provided by the
system. We expect the
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Sarin Technologies Ltd., 7
Atir Yeda St., Kfar Saba 44643, Israel, Tel: +972-9-7903500,
Fax: +972-9-7903501, Web: www.sarin.com
GalaxyTM 1000 XL to summarily contribute
significantly to the Group's recurring revenue
stream from the service centres.
Uzi Levami, Chief Executive Officer of Sarin commented, "The
GalaxyTM 1000 XL provides a unique service to
manufacturers by which to scan and map internal inclusions in
all but the largest rough diamonds. This, in conjunction with
the application of our AdvisorTM planning
software will enable these unique, rare and expensive gems to
be truly optimised for best value, based on Carat, Cut and
Clarity. Automatic linkage to the StrategistTM
and QuaserTM II green laser cutting system will
further allow for optimal sawing and cutting, taking into
account the GalaxyTM mapped inclusions, so as to
protect these valuable stones to the utmost and their owners'
significant investment in them. We are proud to launch the
GalaxyTM 1000 XL service concurrently in Israel
and India, as this will expose it to the broadest possible
scope of leading manufacturers in the industry. We expect
this service will be of significant importance
to the manufacturing industry, and plan to make it available
in additional polishing centres later this year."
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,
colour and light performance
grading tools, the GalaxyTM family of inclusion
mapping systems, rough diamond optimisation
systems, laser cutting and shaping systems, laser-marking and
inscription machines and polished diamond visualisation
systems. Sarin systems have become an essential gemmology
tool in every properly equipped gem lab, manufacturing plant
and diamond appraisal business and are today considered
essential items by both diamond wholesale dealers and
retailers. For more information about Sarin and its products
and services, visit http://www.sarin.com.
Tel: +65-9633 9035
Fax: +65-62546811
E-mail: teongsang@cyrus.com.sg
Akiva Caspi
VP of Marketing and Business Development
Tel: +972-9-7903500 Ext. 152
Fax: +972-9-7903501
E-mail: akiva.caspi@sarin.com
www.sarin.com :??? ,7094097-90 :??? ,7094099-90
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Sarin Technologies Ltd., 7
Atir Yeda St., Kfar Saba 44643, Israel, Tel: +972-9-7903500,
Fax: +972-9-7903501, Web: www.sarin.com
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