Rapaport Launches New Investment Diamond Grading Report

NEW YORK–(BUSINESS WIRE)–The Rapaport Group is pleased to announce the launch of a new diamond
grading report – the Rapaport Investment Diamond Report (IDR). The new
report conservatively grades diamonds based on Gemological Institute of
America (GIA) standards. Additional gemological information including
tint, location and color of inclusions as well as high resolution images
are provided online and with the report.

All Rapaport Investment Diamond Reports are double tested, as they
include an additional independent GIA diamond grading report. The IDR
will only be issued for the best quality Round 0.50 ct. and larger, D-H,
IF-VS2, excellent cut, polish and symmetry, Rapaport Specification A1
diamonds that, in the opinion of Rapaport gemologists, meet investment
quality standards. Diamonds that lack overall brilliance, have features
that limit trade liquidity or have borderline grades may not be issued

“The Rapaport Investment Diamond Report is designed to identify the best
diamonds in the market while providing the trade, investors and
consumers with the highest level of confidence in quality. It will
enhance the ability to trade diamonds electronically and enable new
highly liquid and efficient investment diamond markets,” said Martin
Rapaport, Chairman of the Rapaport Group.

Additional information about the Rapaport Investment Diamond Report as
well as a sample report and Rapaport Specification A1 details are
available at www.RapLab.com.

About RapLab: Rapaport Laboratory LLC provides a broad range of
high level gemological services to the professional diamond trade. These
include the Rapaport Investment Diamond Report, the RapNet Diamond
Grading Report, verification, authentication and identification
services, and high definition imaging. RapLab also provides
sophisticated electronic services that provide global access to our
gemological data and grading reports.


Rapaport Media Contacts:
U.S.: Sherri Hendricks, +1-702-893-9400
Gabriella Laster, +1-718-521-4976
Mumbai: Karishma Nagpal,
Hong Kong: Gilat Gefen, +852 2805-2620