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InvestorNewsBreaks – Adamas One Corp. (NASDAQ: JEWL) Eyes Significant Opportunity in Semiconductor Sector

By: Investor Brand Network
August 31, 2023 at 13:48 PM EDT

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.”

To view the full press release, visit https://ibn.fm/mXAdY

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.

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

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InvestorWire is part of the InvestorBrandNetwork

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