Adamas One Corp. announced the formation of its new wholly owned subsidiary, Adamas Technologies. Adamas Technologies will be responsible for research & development, partnerships, and deployment of Lab-Grown Diamond-based solutions for the technology industry.

Lab-Grown Diamonds' thermal conductivity and durability make them ideal for use in semiconductor devices in the industrial and technology sectors. Adamas' patented technology provides a significant opportunity to address increasing demand from the semiconductor sector. Mr. Gerald McGuire, COO of Adamas One Corp., will lead the newly formed subsidiary.

Mr. McGuire has nearly 30 years of extensive experience in the semiconductor market bringing innovative ICs and analog circuits to market.