Sarine North America signs agreement with DDC

Sarin Technologies Ltd. announced that its North American subsidiary – Sarine North America has signed a five-year strategic agreement with the New York Diamond Dealers Club (DDC).

Through this collaboration, Sarine North America will provide the Group's latest rough and polished diamond technology for the use of DDC's members, and the DDC will exclusively promote and market those solutions to the U.S. diamond industry. Sarine's newest products and services for rough and polished diamonds will be showcased at the upcoming Israel Diamond Week between November 11th and 14th in New York in a special exhibition area.

Reuven Kaufman, the DDC’s President, commented, “this agreement with Sarine perfectly captures the two goals that we strive for as a bourse, providing top-notch services to our members and working towards the betterment of our industry as a whole. By signing this agreement, not only will we be providing our members with the top of the line systems to analyze and plan their diamonds, we will also be working with Sarine to bring the benefits of their industry leading diamond technology into the hands of New York’s diamantaires.”

Ohad Axelrod, Sarine North America's VP for Business Development, said, "We are excited to have signed the strategic alliance with the DDC. As leading organizations in our respective fields, we believe that the collaboration will benefit the diamond industry community in the U.S., allowing them direct access to our latest technologies that improve diamond sourcing, increase manufacturing yield, assess and grade the resultant polished stones and aid in the online and retail trade.”

Mr. Axelrod also noted that Sarine North America will be opening new offices in the just completed International Gem Tower in New York shortly after the New Year. The new offices will serve as the base for direct marketing in North America of the Group's various product lines both for rough diamonds and polished diamonds, the Sarine LightTM for Light Performance grading and the Sarine LoupeTM for polished diamond imaging for the online and retail trade). The offices will also house North America's first inclusion mapping center.