NEW YORK, April 25 /PRNewswire-FirstCall/ -- Global Diamond Exchange Inc. (OTC:GBDX) is pleased to announce that while it is in continued negotiations and working out the mechanics for the potential buyout/merger, it is still conducting its normal course of business. The company has just completed the sale of its third shipment with a total value that is in excess of $3 million in wholesale revenue. Global has also posted an inventory of available stones on its website -- http://www.globaldiamondex.com/inventory.php. The site currently lists over $5 million in inventory and is available only to qualified wholesale buyers. If you are a qualified wholesale buyer, please call 212-221-0910, leave a message and a sales representative will call you back. With regards to the buyout/merger -- things are proceeding as planned. Attorneys are currently working out the final details, which will include record and pay dates. Furthermore, a mechanism is being set up for tendering shares if and when this transaction is completed. We stress patience since this will take some time as the suitor is working out a way to take Global off the public markets and into the private sector. This is not an overnight process. Once additional information is given to us by the attorneys we will make it public and continue to keep you informed. About Global Diamond Exchange: Global Diamond Exchange originally opened their office on 2 West 46th street in the heart of the New York's Diamond District. After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russia Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds. NOTE: Safe Harbor for Forward-Looking Statements. This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. DATASOURCE: Global Diamond Exchange CONTACT: Alex Livak, +1-347-813-4664, , http://www.fortuneir.com/ Web site: http://www.globaldiamondex.com/

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