Centaurus Diamond Technologies Moves Development Process Forward
July 17 2012 - 6:00AM
Marketwired
Centaurus Diamond Technologies Inc. (the "Company"
or "Centaurus") (OTCBB: CTDT) (OTCQB: CTDT) is pleased to
announce that it has signed an agreement with Tabco Products Inc.
("Tabco") for the development of its unique Centaurus' Magnatech
Diamond Technology process. This patented technology enables the
production of "cultured" diamonds that are chemically, atomically
and structurally identical to natural diamonds. Centaurus' unique
process applies a collapsing magnetic field to a carbon sample
thereby changing its crystalline structure to that of a diamond.
Tabco specializes in machine fabrication and was instrumental in
the production of the Company's first synthetic diamond process in
2006. Centaurus will utilize Tabco's strategic apparatuses and
machinery to further develop its diamond technology.
About Centaurus Diamond Technologies.
Centaurus has been established to fully commercialize its
proprietary, cost-efficient and high-volume diamond production
method to provide industrial quality diamonds. The Company's
patented technology enables the production of "cultured" diamonds
that are chemically, atomically, and structurally identical to
natural diamonds. The Gemological Institute of America has tested
the Company's "cultured" diamonds and has confirmed they are
diamonds according to their testing protocols.
Safe Harbor Statement This press release
may contain certain "forward-looking statements" relating to the
business of Centaurus Diamond Technologies, Inc. and its subsidiary
companies. All statements, other than statements of historical fact
included herein are "forward-looking statements." These
forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions, involve known and unknown risks and
uncertainties. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks and uncertainties, and these
expectations may prove to be incorrect. Investors should not place
undue reliance on these forward-looking statements, which speak
only as of the date of this press release. The Company's actual
results could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in the Company's periodic reports that
are filed with the Securities and Exchange Commission and available
on its website at http://www.sec.gov. All forward-looking
statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by these factors.
Other than as required under the securities laws, the Company does
not assume a duty to update these forward-looking statements.
On behalf of the Board of Directors, Wayne D. Prentice COO
For further information, please contact: American Capital
Ventures Tel: 1-305-918-7000
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