| | PRESS RELEASE
February 19, 2004 : Embargo 09:00 ESTRAPAPORT HIRES LELL TO LEAD NEW TRAINING DIVISION Rapaport USA announces the establishment of a new Training and Consulting Services Division to assist companies throughout the diamond and jewelry industry. Jay Lell, G.G., has been tabbed to head up the division's activities. The division will be supported by Ken Gassman, Director of Rapaport Research and Adam Graham, Vice President Rapaport USA.
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With over 25 years experience in the jewelry industry, Jay Lell joins the Rapaport Group with a mission to help retail jewelers, suppliers and trade groups achieve their business goals through training and education. Mr. Lell, in conjunction with Rapaport Group resources worldwide, will develop programs tailored to meet these diverse needs. His experience includes working for an independent retail jeweler,
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teaching gemology for the GIA, and developing training for Mayor's Jewelers of Florida. Most recently Mr. Lell was Director of Education for the American Gem Society (AGS), and then Director of Training for DWA Communications, handling all Diamond Promotion Service training in North America.
"We are very excited about this new division,"stated Martin Rapaport, Chairman of the Rapaport Group. "There is a need for this service and we are in a unique position to provide information and training that will benefit companies at every level of the supply chain. We believe that we have the right person to lead this division in Jay Lell, who is at the highest level of expertise in delivering training and education.?br>
The Rapaport Training and Consulting Services Division will be based in the Groups Las Vegas office. All inquiries should be directed to Jay Lell at 702-893-9400 or by email to training@diamonds.net.
The Rapaport Group is an international network of companies actively involved in many aspects of the diamond and jewelry trade. The Group maintains own offices in New York, Las Vegas, Antwerp, Vicenza, Ramat Gan, Mumbai, and Hong Kong.
The group's publishing and information services division is well known for its Rapaport Diamond Report. The report, established in 1978, is the primary source of diamond pricing and market information to the international jewelry trade. Additional publishing interests include Jewelry Connoisseur, a consumer magazine that focuses on designer jewelry and promotes inspirational demand for fine quality jewelry worldwide and the Rapaport Research Report a monthly newsletter providing extensive in depth market information, analysis and research. The Group also owns and operates INDEX ?- The Internet Diamond Exchange at www Diamonds Net. INDEX is one of the largest online diamond trading networks with daily listing of over $1.3 billion.
Press Contact: Adam Graham: ag@diamonds.net : 702-893-9400 x 300
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