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AGS Labs launches oval cut grade

April 16, 2008

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Las Vegas—The American Gem Society (AGS) Laboratories will now issue diamond-grading reports with cut grades for oval-cut diamonds, the organization announced today.

This is the industry's first cut grade for the oval cut.

"We are pleased and proud to announce the rollout of this popular cut," AGS Laboratories President and CEO Frank Dallahan said in a media release. "The oval cut is very popular with consumers, and the addition of a cut grade to the AGS Laboratories grading reports for oval diamonds will add more objective and useful information for consumers to make decisions."

In 2005, AGS Laboratories released its Performance-Based Cut Grading System—the first-ever cut-grading system for fancy-shaped diamonds—for both the round brilliant and the princess cut. Soon after, the lab released a cut grade for emerald-shaped diamonds.

"The lab continues its research into cut grade for fancy shapes, and more shapes are expected to come online soon," Dallahan said.

The AGS Laboratories provides diamond-grading reports based on the highest standards of diamond grading and offers the only scientifically peer reviewed, objective and repeatable cut-grade method in the industry.

For more information on the AGS Performance-Based Cut Grading System, e-mail marketing@agslab.com or visit the AGS Laboratories Web site, Agslab.com.
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