Sarine Technologies Ltd is delighted to announce that its Galaxy®inclusion mapping systems scanned an incredible record number of over10 million diamonds in 2017. Since the launch of Galaxy® technology in 2009, Galaxy® systems have scanned over 30 million rough diamonds worldwide – 10 million of those in the past year alone. The rapid growth in usage of Galaxy® over the past few years is testimony to the significant benefit the technology has brought to the diamond industry.
In addition, the company announced that it has further stepped up its enforcement initiatives against the fraudulent use of its Galaxy® inclusion mapping technology. Galatea, part of the Sarine group of companies, is taking action against a manufacturer in Surat, India for its deliberate under-reporting of rough stone weights and subsequent underpayment of amounts owed to Galatea. Although the illicit software manipulation was temporarily successful in under-reporting the scanned weights, Galatea's supervision and billing software was able to identify and track the fraud. Sarine possesses legal proof of the fraudulent activity, and will now take legal action againstthe manufacturer for the damages caused.
David Block, Chief Executive Officer of Sarine, stated, "Having without doubt proven its value, the Galaxy® solution has uniquely propelled the industry to a higher level of quality. In 2017, our loyal customer base hasagain clearly expressed its confidence in our Galaxy® systems by significantly increasing the use of the technology in the manufacturing processes. We continue our commitment to delivering the world's leadinginclusion mapping solutions. The new Meteorite™ system, targeting the smaller diamonds market, will be launched shortly, and additional upgrades based on further technological breakthroughs are planned for release later in 2018. At the same time, the Sarine Group is takingproactive and aggressive actions aimed at protecting our intellectual property against those engaged in the use of infringing products and services or any other fraudulent use of our technologies."
