Sarine Technologies Ltd - Annual Report 2014 - page 4

02
Our Milestones
2014
The English spelling of the Company’s name is corrected to Sarine Technologies
Limited.
Sarine launches the InstructorTM 3.0, a new and significantly enhanced version of
its polished-diamond quality assurance and polishing process control software.
The new software runs on Sarine’s rough and polished diamond modeling
platforms of the DiaExpertTM and DiaMensionTM families and significantly
improves the accuracy of polished diamond modeling, in particular for fancy-
shaped diamonds, and the tools provided for in-process polishing decisions.
Sarine launches the QuazerTM 3 offering a completely new control system with
unique advantages, amongst which is an enhanced fully automated pie cutting
feature, facilitating accurate sawing of highly advanced sawing profiles. The
original QuazerTM and second generation QuazerTM II, introduced in 2005 and
2010 respectively, based on state-of-the-art green laser technology, pioneered
multiple breakthroughs in the sawing, cutting and shaping of rough diamonds
and became the de-facto standard high-end market-leading solutions, offering
cutting-edge technology for diamond manufacturers seeking a cost-effective,
high-speed, accurate and low-risk sawing and shaping solution with minimal
weight loss.
Sarin Technologies India Pvt. Ltd., a wholly owned subsidiary of Sarine, opens a
Sarine LoupeTM service centre in India.
Rapaport’s RapNet® industry-leading web-based platform selects our subsidiary’s
Sarine LoupeTM as first de facto standard imaging system and provides enhanced
seamless integration to the Sarine LoupeTM imagery, to empower online trade.
DiaMensionTM Axiom’s accuracy is verified by Tiffany and Company (Tiffany) and
selected to formalise their new more robust standards of Symmetry. In 2012
Tiffany posed Sarine with a challenge to measure the facet symmetry features
of a polished diamond with unprecedented high accuracy (previously these
features could not be determined by any existing device and were manually
evaluated by gemologists using microscopes). Sarine’s DiaMensionTM Axiom is
based on advanced patent-pending video imagery analysis using microscopic
magnification, is applicable to round and fancy shaped polished diamonds, and
measures the most minute diamond features, including facet junctions, facet
misalignment and facet distortions, key to the symmetry grade, and sets a new
bar for polished diamond analysis and grading.
Sarine Color Technologies Ltd. launches its upgrade to the Sarine LoupeTM – Real
View, adding a stunning rendition of the polished diamond’s appearance to the
Sarine LoupeTM’s existing capabilities. The enhanced Sarine LoupeTM comprises
three complementary layers of imaging. The first provides a dazzlingly authentic
presentation of the diamond’s appearance (Real View), the second a table-
only view of the diamond, as inspected when using an actual physical loupe
(Top Inspection), and the third provides the minutest details of the diamond’s
Cut workmanship and internal Clarity characteristics (3-D Inspection). Sarine’s
patented technology thus provides a unique viewing tool, effectively creating a
virtual three-dimensional diamond that no other imaging device can currently
match, with optional 40x magnification capabilities. Commercial launch of a
service centre in Israel follows.
Sarine North America Inc., Sarine’s wholly owned US subsidiary, opens a Sarine
LoupeTM service centre for diamond imaging at its offices in New York’s Diamond
District on 47th Street.
2013
Sarine launches the DiaExpertTM Atom rough planning and marking system for
the smallest of rough diamonds – 0.01 through 0.25 carats in size, which offers
higher processing speeds and more competitive pricing than the DiaExpert™
Nano system, launched in late 2007, which it replaces.
Sarine’s wholly-owned US-based subsidiaries close on the purchase of
approximately 500 square meters of office in the new International Gem Tower
in New York City (on 47th Street - Diamond Way) for the Group’s future North
American base.
Sarine Color Technologies Ltd., a wholly owned subsidiary of Sarine, launches
the Sarine LightTM with launch customer CIMA, one of Japan’s leading bridal
diamond jewellery chains with nearly 60 outlets nationwide, for certification of
all its solitaire diamonds of a quarter carat and up.
Galatea introduces the GalaxyTM Ultra system for the inclusion scanning of a
rough diamond at microscope level magnification. The Ultra enables the detection
of inclusions with single-micron resolution, including the detection of clouds of
inclusions of single micron size, so users can inspect seemingly clean areas of
rough diamonds with extra-high accuracy and determine with a higher level of
confidence whether they can achieve a polished stone of an Internally Flawless
(IF) Clarity grade. The scanning, detection and inclusion mapping on the Ultra
are fully automatic, unlike alternative solutions where one needs to manually
and tediously browse the stone using a microscope, micron layer by micron layer.
The GalaxyTM Ultra provides our customers a dual solution, alternating between
conventional and high-resolution near microscopic modes, substituting the need
for manual microscopic inspection during planning.
2012
Sarine launches the Diamond Assay Service (DAS), an online subscription service
for diamond wholesalers, retailers and appraisers, to automatically appraise
polished diamonds and their potential for re-cutting and re-polishing so as to
derive greater value.
Galatea launches the GalaxyTM XL (for Extra Large) system, doubling the size of
rough diamonds that can be scanned for internal inclusion mapping purposes to
32mm, allowing rough diamonds weighing up to 200+ (record 220) carats to be
processed.
The Gemological Institute of America (GIA) concludes that the DiaMensionTM
HD (High Definition) has the necessary accuracy and repeatability to be used
to evaluate symmetry. The GIA found that “[the] DiaMensionTM HD tested by
GIA, demonstrated an apt capacity to deliver accurate and repeatable symmetry
results” and that “improvements in the operation and accuracy … now enable us
to also measure … symmetry parameters during the grading process”.
Sarin Technologies India Pvt. Ltd. purchases land measuring approximately
2,400 square meters for approximately US$ 2.1 million in Surat, India for its new
facilities for customer service and technical support and training, as well as its
service centres and other logistics infrastructure.
Sarine launches the AdvisorTM 5.0 version of its best-selling rough-diamond
planning software to even further improve the value of the polished diamonds
derivable from the rough raw material and the software’s productivity and ease
of operation.
2011
The American Gem Society Laboratory (“AGSL”) concludes an evaluation of
the DiaMensionTM HD and, based on its superior performance in 3D modeling
of polished diamonds, decides to augment their existing DiaMensionTM systems
with the newer HD model. In addition, it is agreed that AGSL, jointly with Sarine,
will conduct a research program to develop an automatic Symmetry grading
methodology based on measurements of the polished diamond’s properties, as
provided by the DiaMensionTM HD.
Sarine ColorTechnologies Ltd., a wholly owned subsidiary of Sarine, debuts its light
performance system, the Sarine LightTM, which quantifies a polished diamond’s
appearance by accurately measuring its light performance characteristics –
• brilliance - how much light is reflected back through its crown;
• fire - how much light is broken into coloured bursts;
• scintillation / sparkle - how pronounced the diamond sparkles; and
• light symmetry - how symmetric is the diamond’s light play
Sarine launches the DiaMarkTM HD system, equipped with a super-fine laser,
complementing the DiaMensionTM HD and Instructor™.
Sarine Color Technologies Ltd., a wholly owned subsidiary of Sarine, acquires the
D-See technology, a revolutionary imaging method to capture realistic, accurate
and objective imagery of a polished diamond, including its internal features.
Derived from this technology, the Sarine LoupeTM system enables the electronic
transmission of comprehensive imagery from seller to buyer, providing a means
to truly assess a polished diamond from a multitude of angles and at various
magnifications without having it physically in hand.
2010
The Gemological Institute of America (GIA) concludes an in-depth comparison
evaluation, between their internal methods to determine the Cut grade of a round
brilliant diamond and Sarine’s implementation of the Facetware® database in
Sarine’s measuring systems, which shows highly compatible results between
the two methods. In continuation to this achievement GIA also concluded an
initial evaluation of the DiaMensionTM HD system and commenced the phased
upgrading of their existing DiaMensionTM systems to the newer HD product.
Sarine Technologies Ltd. • Annual Report 2014