Adamas One Enters into a Letter of Intent with Renowned Digital Agency Neon Flux to Manage Branding and Marketing, E-Commerce, and Fulfillment for its Luxury Lab-Grown Diamond Jewelry Business
22 June 2023 - 11:00PM
Adamas One Corp. (Nasdaq: JEWL) (“Adamas One,” “Adamas” or the
“Company”), The Original Lab-Grown Diamond Company™, a high-tech
company that leverages proprietary technology to produce
high-quality, single-crystal, Lab-Grown Diamonds for jewelry and
diamond materials for industrial uses, today announces it has
entered into a Letter of Intent (LOI) with well-respected,
Miami-based digital agency Neon Flux to oversee its branding,
marketing, e-commerce, and fulfillment for Elle Jolie, the
Company’s luxury jewelry retail business.
Neon Flux has developed an impressive and varied
array of high-end and well-known clients for which it has produced
high impact programs and measurable results. Brands include The W
Hotel chain, LVMH, Luxury Brand Partners, Nordstrom, Volcom,
Macy’s, Vans, IKEA, Merck, Bacardi, and Walgreens. Recently, the
agency partnered with Serious Skin Care -- owned by Jennifer Flavin
Stallone -- on direct-to-consumer e-commerce. Under the Neon Flux
program, Serious Skin Care accelerated revenues by 1900% from
$100,000/month to $2 million/month in 90 days and grew subscribers
by 1600%.
Adamas One CEO Jay Grdina comments, “Partnering
with a well-regarded agency like Neon Flux for our
direct-to-consumer initiatives, including managing our e-commerce
platform, ElleJoile.com, and the handling of our pick-and-pack
fulfillment is an important strategic move that streamlines our
marketing, branding, and distribution to a single source that has
repeatedly proven to be successful in multiple verticals. We
continue to carefully assemble our resources to ensure that our
marketing and distribution is as high-quality and forward-thinking
as we believe our lab-grown diamond offering to be. We look forward
to announcing Neon Flux’s progress both in creating our
infrastructure and helping to generate revenue.”
About Adamas One CorpAdamas is a lab-grown
diamond manufacturer that produces near flawless single-crystal
diamonds for gemstone and industrial applications, in its
facilities in Greenville, South Carolina. The Company holds 36
patents and uses its proprietary chemical vapor deposition (CVD) to
grow gem-sized and smaller diamond crystals. Adamas One™ lab-grown
diamonds have the same physical, chemical and optical properties as
mined diamonds. The Company’s controlled manufacturing processes
enables it to produce very high-quality, high-purity,
single-crystal colorless, near colorless and fancy colored Type IIA
diamonds to suit a variety of industrial and gemstone applications.
The Company intends to market and sell its diamonds into the
wholesale jewelry and industrial markets. For more information,
visit www.adamasone.com.
Not Mined. Not Fake. Just sped up
perfection. ™
Forward-Looking StatementsThis
press release may include “forward-looking statements.” To the
extent that the information presented in this press release
discusses financial projections, information, or expectations about
our business plans, results of operations, products or markets, or
otherwise makes statements about future events, such statements are
forward-looking. Such forward-looking statements can be identified
by the use of words such as “should”, “may,” “intends,”
“anticipates,” “believes,” “estimates,” “projects,” “forecasts,”
“expects,” “plans,” and “proposes.” Although we believe that the
expectations reflected in these forward-looking statements are
based on reasonable assumptions, there are a number of risks and
uncertainties that could cause actual results to differ materially
from such forward-looking statements. You are urged to carefully
review and consider any cautionary statements and other
disclosures, including the statements made under the heading “Risk
Factors” and elsewhere in documents that we file from time to time
with the Securities and Exchange Commission. Forward-looking
statements speak only as of the date of the document in which they
are contained, and Adamas One Corp does not undertake any duty to
update any forward-looking statements except as may be required by
law. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release.
For more information contact:
Investor RelationsCORE IRScott Arnold, Managing
Partner516 222 2560ir@adamasone.com
Media RelationsCORE IRJules Abraham917 885
7378
Source: Adamas One Corp
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