EDiamondselect partners with buying group

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EDiamondselect partners with buying group

April 25, 2008

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Hollywood, Fla.—Diamond software company eDiamondselect is now partnering with Continental Buying Group (CBG), one of the largest jewelry buying groups in the country, the company announced on Thursday.

As part of the agreement, CBG will endorse eDiamondselect to its 97 retail members and its 120 authorized vendors.

In turn, eDiamondselect has put together a special program and pricing for CBG retailers, and has assembled a group of seven CBG-authorized vendors on the system. Those vendors are: Amden, Leo Schachter, Rosy Blue, Simply Diamonds, Waldman, Weldiam and Yerushalmi.

In addition, eDiamondselect will give a presentation at CBG's buying show, slated to take place in May in Las Vegas, just before the JCK Las Vegas show.

CBG Chief Operating Officer Joe Murphy said the group's retail clients are excited about the new partnership with eDiamondselect.

"The flexibility of eDiamondselect's pricing structure really was an enticing part of the deal for us," he said. "The system is phenomenal for retailers. They can control their diamond inventory by size, shape, color or cost, and they are not forced into a set markup."

For eDiamondselect, the partnership gives them an opportunity to pursue CBG's 97 retail customers, and marks another milestone for the company, which already has signed a partnership with Seattle-based retail chain Ben Bridge Jeweler.

Hollywood, Fla.-based eDiamondselect offers software that gives retailers access to a selection of more than 50,000 diamonds. The software can be installed on a kiosk, touch-screen terminal or a retailer's own computer.

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