Adamas One Corp. Announces Establishment of Board of Advisors for Adamas One Technologies

SCOTTSDALE, Ariz., April 17, 2024 (GLOBE NEWSWIRE) -- Adamas One Corp. (NASDAQ: JEWL), a leading innovator in lab-grown diamonds, is pleased to announce the formation of a Board of Advisors for its wholly-owned subsidiary, Adamas One Technologies. The Board of Advisors is comprised of esteemed industry experts and will provide strategic guidance as Adamas One Technologies explores various applications for lab-grown diamonds in the semiconductor industry.

"Lab-grown diamonds represent a transformative opportunity in the semiconductor industry, offering a unique combination of thermal, electrical, and optical properties that can revolutionize semiconductor applications. As research and development in this field progresses, the full potential of lab-grown diamonds to enhance device performance and reliability becomes increasingly evident. At Adamas One Technologies, we are committed to advancing the science and technology of lab-grown diamonds to unlock their vast potential in semiconductor applications and drive innovation in the industry." - Jay Grdina, CEO of Adamas One Corp.

The newly appointed board members include:

Jerry McGuire- Mr. McGuire is currently the COO of Adamas One Corp. and the President of Adamas One Technologies. He brings over 30 years of executive and high-tech experience commercializing new semiconductor technologies and delivering differentiated products to market. Mr. McGuire has started and grown profitable businesses and created lasting product brands. Mr. McGuire’s semiconductor experience at Analog Devices, Inc and Fairchild Semiconductor (now part of ON Semiconductor) as well as his 10 years of lab-grown diamond experience with Scio Diamond and Adamas One Corp, make him well-suited to drive the development and commercialization of lab-grown diamond materials for high tech applications at Adamas One.

Dr. Rafi Sahul- Dr. Sahul is a Corporate Strategy Executive with extensive experience as a Business Director, Strategist, and General Manager across diverse markets including aerospace, medical, underwater, industrial, energy, and automotive. With a background in nanomaterials technology and expertise in smart materials like piezoelectric materials and magnetic fluids, Sahul has led numerous research and business development efforts, managing cross-functional teams and federal/commercial programs with NSF, NASA, and other agencies. He holds a Ph.D. in Material Science and Engineering from Penn State University and is recognized for his contributions to the adoption of single crystal materials in various applications. Currently serving as Director of Business Development for piezoelectric products at Amphenol, Sahul continues to drive innovation and growth in the aerospace, defense, medical, and industrial sectors.