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EGL Asia and NGGC to offer colored gemstone identification reports following hike in consumer demand for emerald, ruby and sapphire

Hong Kong, February 15, 2011 - Hong Kong-headquartered EGL Asia and NGGC, the state-owned Chinese diamond grading laboratory, have announced they will expand their current cooperation and begin issuing identification reports for colored gemstones, in particular for emeralds, rubies and sapphires. Customers who wish to receive a colored gemstone identification report from both organisations can do so by paying only for the EGL Asia certificate.

"In Asia, and in particular in greater China, consumer demand for better quality colored gemstones is very much on the rise," said Joseph Kuzi, EGL Asia's CEO. "Our joint decision to expand our labs' identification and grading services to colored gemstones - in particular to the so-called big three most popular colored gemstones. i.e emerald, ruby and sapphire - comes in response to the increased market demand."

NGGC director Xie Qi Yao said that EGL Asia and NGGC began offering joint diamond grading services in 2009. Last year, the labs added identification and grading services for jadeite.

"The current expansion to full colored gemstone services is a logical step toward our labs' expanding range of services," Xie said. "While we expect that the majority of colored gemstones submitted for identification will be one of the big three, we will gladly accept other gemstones as well. Chinese jewelry designers and manufacturers are making increasingly use of colored gemstones, and we will be happy to offer our expanded services to our customers."

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