One of the most precise balanceson the market — able to measure to the minute value of 1/10,000th of a carat — was presented to the Israel Diamond Exchange (IDE) by Mettler - Toledo representative Lior Streng of Lior Gemology Tools. The balance has the potential to revolutionize diamond weighing with significant impact on quality and cost at this prestigious, world-renowned exchange.
Greifensee, Switzerland. 16 January 2014 — Mettler - Toledo is pleased to announce that one of the company’s most accurate precision balances was presented as a gift to the Israel Diamond Exchange (IDE) at a recent ceremony in the Bourse’s Technology Hall. This specialized device has the potential to create even greater exactitude in the highly-sensitive area of diamond weighing. Weight is one of the four central characteristics used to determine diamond price.
As one of the most precise balances available, the new Mettler-Toledo device weighs to four decimal places past the tenth point by employing a robust blend of features including internal calibration and easy-to-use draft shielding. Features such as these, along with Mettler-Toledo’slong experience designing and manufacturing precision balances, become essential in an industry where the smallest inaccuracy can translate to significant financial loss
Mettler-Toledo Israeli representative Lior Streng, owner of Lior Gemology Tools and other Mettler-Toledo personnel including jewelry market manager UrsWolfens berger made the presentation to a distinguished group of Bourse management including IDE president YairSahar, Industry Committee Chair Eli Shiri, Diamond Association chair Yossi Ben Zion, Trading Hall Committee Chair Yitzhak Cohen, and General Manager Moti Besser.
Mr.Sahar noted the significance of the gift, saying, “We are committed to the most stringent standards of the diamond sector, and even more so when we are talking about diamond weighing machines. I am convinced that members of the Bourse will gain the maximum benefit from this new machine. Many thanks for the donation.”
Mr. Streng said, “The high level of accuracy of the machine guarantees the highest quality and reliability. We are proud and happy to donate this weighing machine to the Bourse.”
Lior Gemology Tools can be located online at www.liorgt.co.il
About the Israel Diamond Exchange
The Israel Diamond Exchange Ltd. (IDE) unites approximately 3100 members and sets and implements rules of trade and conduct for the diamond industry. The largest such exchange worldwide, it operatestwo commercial halls that give members access to everything they need to conduct business securely. Members have access, free of charge, to the most advanced technological services required for marketing diamonds, including state-of-the-art weighing equipment.The IDE plays a leading role in the World Federation of Diamond Bourses (WFDB), the World Diamond Council (WDC), and the World Jewelry Confederation (CIBJO). More information can be found online at www.en.isde.co.il.
About Mettler-Toledo
Mettler-Toledo is a leading global supplier of precision instruments and is the world’s largest manufacturer and marketer of weighing instruments for use in laboratory, industrial and food retailing applications. The Company also is a leading supplier of several related analytical and measurement technologies. Additional information about Mettler-Toledo can be found at www.mt.com.