Diamond Growing Reactors Arrive in South Carolina, Lab Construction in Progress
April 9, 2012
GREENVILLE, SC – April 9, 2012 – Scio Diamond TechnologyCorporation (OTC-BB: SCIO.OB) announces that all 10 of thecompany’s diamond growing reactors which are scheduled to move tocompany headquarters in Greenville, South Carolina, have now arrivedalong with associated production support equipment. This is a criticalstep in the company’s plan to commence production during its fiscalfirst quarter ending June 30 and to phase into full production duringthe following quarter ending September 30.
Scio’s laboratory facilities in South Carolina now include electricalbackup and generation equipment and chilling capacity for theregulation of reactor temperatures and associated air and humiditycontrol. Piping, conduit and exhaust systems are nearing completion andmuch of the infrastructure support equipment for the reactors is now onsite. The Scio R&D team in Massachusetts completed preliminary testingon the reactors prior to moving it to South Carolina. The productionmachinery is now ready to begin the critical phased final testing oncethe lab infrastructure is complete.
Scio’s R&D team has now assembled in Greenville to oversee the finalpreparations of the lab and to begin final testing. During theirplanned extended stay in South Carolina, they will be assisting in thehiring and training of laboratory staff for ongoing operations.
Joseph D. Lancia, Scio’s CEO commented, The arrival of our reactors in Greenville is a notable step as we move toward the production ofdiamond. This is an exciting and critical time in our history. We arepleased with the progress we have made and look forward to commencingproduction soon.
About SCIO Diamond
Scio Diamond will employ a patent-protected chemical vapor depositionprocess to produce high-quality, single-crystal diamonds in acontrolled laboratory setting, with such diamonds referred to aslab-grown or cultivated diamonds. The diamonds are intended to havethe identical chemical, physical and optical properties as diamondsfound in the earth, and the company’s highly controlled manufacturingprocess will enable it to produce very high-quality, high-purity, highvolume, single-crystal colorless, near colorless and fancy coloreddiamonds.
Scio’s technology will permit it to produce lab-grown diamond in size,color, and quality combinations that are very rare in nature. SCIOintends to offer diamonds in limited quantities as jewelry and in thetechnology arena as the material operating system of the future.
