(BSNS WIRE) Rhombic Accepts Proposal to Develop Quality Diamond Colorati
Rhombic Accepts Proposal to Develop Quality Diamond Coloration Using Its
Patented Forced Diffusion Process
Business Editors
VANCOUVER, British Columbia--(BUSINESS WIRE)--July 27, 1999--
Rhombic Corporation (OTC BB:NUKE) announces that a third proposal has
been accepted from the University of Missouri at Columbia that uses
the company's "Forced Diffusion" technology to produce a quality line
of colored diamonds for the rapidly growing high-end accessory market.
The "Forced Diffusion" process will be used to change ordinary
colorless white diamonds into beautiful and valued shades of pink,
orange, blue, and green and possibly the very rare red. The color
changes to these diamonds will be virtually undetectable from natural
colored diamonds. Colored diamonds, known as fancies, are valued for
their depth of color, just as white diamonds are valued for their lack
of color.
The company's initial 1996 experimental work in altering color in
diamonds was successful in producing diamonds in a color range of
orange to carnation. In the same year the figure for annual retail
sales of colored gemstone jewelry was estimated at $10 billion while
the world jewelry market is estimated to be between $50 and $60
billion according to Cheryl Kremkow, Director of International Colored
Gemstone association Gembureau. Plans for implementation and
development of the new project are scheduled to commence on September
1, 1999.
Since the color change will be used to enhance natural diamonds,
the "Forced Diffusion" process will produce colored diamonds with the
same properties; physical, optical, chemical, brilliance, and fire of
a natural diamond unlike moissanite or cubic zirconia that are only
simulants containing a different chemistry, different optical
properties, etc.
According to Alex Grizenko, president of Ultimate Created
Diamonds (UCD) who is noted to be a major player in the marketing of
synthetic Russian colored diamonds, prices for artificially produced
colored diamonds (real carbon, not cubic zirconium) are being sold in
the following range of prices.
Yellows $600 to $3,000, Blues $2,000 to $5,000, Red, Oranges,
Pinks $1,000 to $5,000, Color change $2,000 to $4,000 (in recent
interviews by Robert Gents on the Diamond Trade Network).
Rhombic Corporation is also pleased to report that work at the
University has begun as of July 1, 1999 on the purification of silicon
carbide (SIC) and gallium nitride (GAN) wafers using "Forced
Diffusion". The wafers, used by industry in large quantities, will be
cleansed of the natural contaminates carbon, silicon and oxygen, and
then reintroduced to industry as longer lifespan wafers with greater
(BSNS WIRE) Rhombic Accepts Proposal to Develop Quality Diamond Colorati
Rhombic Accepts Proposal to Develop Quality Diamond Coloration Using Its
Patented Forced Diffusion Process
Business Editors
VANCOUVER, British Columbia--(BUSINESS WIRE)--July 27, 1999--
Rhombic Corporation (OTC BB:NUKE) announces that a third proposal has
been accepted from the University of Missouri at Columbia that uses
the company's "Forced Diffusion" technology to produce a quality line
of colored diamonds for the rapidly growing high-end accessory market.
The "Forced Diffusion" process will be used to change ordinary
colorless white diamonds into beautiful and valued shades of pink,
orange, blue, and green and possibly the very rare red. The color
changes to these diamonds will be virtually undetectable from natural
colored diamonds. Colored diamonds, known as fancies, are valued for
their depth of color, just as white diamonds are valued for their lack
of color.
The company's initial 1996 experimental work in altering color in
diamonds was successful in producing diamonds in a color range of
orange to carnation. In the same year the figure for annual retail
sales of colored gemstone jewelry was estimated at $10 billion while
the world jewelry market is estimated to be between $50 and $60
billion according to Cheryl Kremkow, Director of International Colored
Gemstone association Gembureau. Plans for implementation and
development of the new project are scheduled to commence on September
1, 1999.
Since the color change will be used to enhance natural diamonds,
the "Forced Diffusion" process will produce colored diamonds with the
same properties; physical, optical, chemical, brilliance, and fire of
a natural diamond unlike moissanite or cubic zirconia that are only
simulants containing a different chemistry, different optical
properties, etc.
According to Alex Grizenko, president of Ultimate Created
Diamonds (UCD) who is noted to be a major player in the marketing of
synthetic Russian colored diamonds, prices for artificially produced
colored diamonds (real carbon, not cubic zirconium) are being sold in
the following range of prices.
Yellows $600 to $3,000, Blues $2,000 to $5,000, Red, Oranges,
Pinks $1,000 to $5,000, Color change $2,000 to $4,000 (in recent
interviews by Robert Gents on the Diamond Trade Network).
Rhombic Corporation is also pleased to report that work at the
University has begun as of July 1, 1999 on the purification of silicon
carbide (SIC) and gallium nitride (GAN) wafers using "Forced
Diffusion". The wafers, used by industry in large quantities, will be
cleansed of the natural contaminates carbon, silicon and oxygen, and
then reintroduced to industry as longer lifespan wafers with greater
effectiveness.
Samples of both SIC and GAN are now being treated in preparation
for work to be done in commercial quantities. Rhombic's business focus
is to penetrate the existing $7 billion wafer market with a purified
wafer line.
As previously announced, Rhombic Corporation will be working
closely with the University of Missouri in a joint venture research
plan to develop doped diamond electrodes and undoped diamond film for
the hydrogen fuel cell market. The doped diamond electrodes will be
non-corrosive with the unique feature of having excellent thermal,
chemical, and electrical conductive properties. Electrodes developed
using boron doped diamond film will add efficiency to hydrogen fuel
cells now being produced for automobiles, buses, and trucks. Work on
this project also is expected to begin on September 1, 1999.
Rhombic management is currently reviewing the following future
"Forced Diffusion" projects.
(1) Production of N-type diamond semiconductor material for the
computer, satellite, and communications markets.
(2) The doping of diamond films for use in small solid state
monitor/detectors that would be portable and useful in monitoring
nuclear power plants and waste sites.
--30--brm/se*
CONTACT: Rhombic Corporation
Public Relations, 888/821-6607, 604/421-5543
www.rhombic.com
KEYWORD: INTERNATIONAL CANADA
INDUSTRY KEYWORD: MINING/METALS COMPUTERS/ELECTRONICS COMED
CHEMICALS/PLASTICS ENERGY
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