Dual-listed Sarine Technologies has executed a memorandum of understanding (MOU) with Swiss-headquartered Synova at the Dubai Diamond Conference to cooperate technologically on the integration of Sarine's Advisor rough diamond planning software with Synova's DaVinci diamond faceting system.
In addition, Sarine’s CEO, David Block, and Bernold Richerzagen, the founder and CEO of Synova, have signed an MOU to collaborate on linking Sarine’s Advisor planning data output with Synova's DaVinci Diamond Factory.
The DaVinci Diamond Factory incorporates in one system all the cutting, shaping and faceting stages of the polishing workflow, contrary to Sarine’s own Quazer 3 cutting and shaping only system.
According to Sarine, the integration will save time and eliminate human errors in the setup of the complex precision polishing instructions for the DaVinci Diamond Factory.
The link-up will be part of Sarine’s Advisor package as an optional add-on.
"I believe the agreed teaming of Sarine and Synova will benefit our mutual customers by further streamlining the supply chain and reducing costs and costly errors,” says Block.
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“This cooperation is yet another example of the benefits created by the data generated inherently by Sarine's technologies across the diamond processing value chain and their applicability to a wide range of additional incidental value-added solutions, such as our digital tenders paradigm, the Sarine Diamond Journey, the Sarine Profile, etc. The significant data generated by our seamlessly cloud-linked systems have proven once again their worth to our customers and to the industry as a whole,” he adds.
As at 9.05am, shares in Sarine are flat at 59.5 cents.
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