LAS VEGAS, NV--(Marketwired - Nov 24, 2015) - Centaurus Diamond Technologies, Inc. (The 'Company' or 'Centaurus Diamond Technologies' or 'Centaurus') (
NeoDyne Research, Inc. produced the first generation of crushing and milling machines, utilizing this technology in the 1990s. Well over 100 base units (500lb/hr) were sold; in addition, larger two and five ton units were custom made to order. Three of the largest units (20 tons/hr) were also custom made to specification and sold to a mining operation in Colorado.
Centaurus Diamond Technologies, Inc. has acquired this technology and is evolving and improving the design and refining the process, while also planning to file a new patent. The Company expects to generate $3mm in revenue from the AIM sales in the first year of rollout after initial launch. The scheduled delivery of the first units is scheduled for Q1 of 2016.
According to Alvin A. Snaper, inventor of the AIM technology and Chief Science Officer at Centaurus Diamond Technologies, Inc., "It is gratifying for me to see this technology back on the market, as it is by far and away the most effective and efficient process for the reduction of mining ores globally today."
PRESS RELEASE: CTDT 11-24-2015, Las Vegas, Nevada
About Centaurus Diamond Technologies, Inc.
Centaurus has been established to fully commercialize its proprietary, cost-efficient and high-volume diamond production method to provide industrial quality diamonds. The Company's patented technology enables the production of "cultured" diamonds that are chemically, atomically and structurally identical to natural diamonds. The Gemological Institute of America has tested the Company's "cultured" diamonds and has confirmed they are diamonds according to their testing protocols.
Safe Harbor Statement
This press release may contain certain "Forward-looking statements" relating to the business of Centaurus Diamond Technologies, Inc. and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Contact Information:
Contact:
Chas Radovich
President
Centaurus Diamond Technologies, Inc.
714-323-1110
www.centaurustechnologiesinc.com