IDI Launches Diamond Portal in Russian

RAMAT GAN, Israel - The Israel Diamond Institute Group of Companies (IDI) today launched a groundbreaking Russian version of the Israeli Diamond Industry Portal, the definitive B2B website for the Israel trade. The site was presented at a press conference by Avraham (Bumi) Traub, Chairman of the IDI Finance Committee and Honorary President of the Israel Diamond Manufacturers Association. This site, the only one of its kind operated by a diamond center, comes two years after IDI successfully launched the Chinese version, which was also a first for the industry. The English and Hebrew versions were launched in 2003.

The Israel Diamond Industry Portal, www.israelidiamond.co.il creates a B2B marketplace for the exchange of business contacts and diamond requests that lead to actual transactions. With 7,500 registered users in 125 countries, the portal is a dynamic site, with content being updated throughout the day. Every month the site has 113,956 of entries, and 1,250,053 of pages viewed.

IDI Chairman Moti Ganz said: “The Israeli Diamond Industry views the Russian market as an opportunity for potential cooperation and the growth of polished diamond exports. This market has experienced tremendous growth and there is significant demand for diamond jewelry. We created the portal because we believe that it is important to communicate with the Russian market in its own language.”

IDI Managing Director Eli Avidar said, “The launch of the portal in Russian is a step towards strengthening ties between the Israeli Diamond Industry and the Russian diamond and jewelry market. This online platform will enable us to bridge the gap geographically.”

The Russian portal site includes:

- Continuously updated industry news from Israel and the world - Articles by experts on topical issues - General information, statistics and history of The Israeli Diamond Industry - Photo gallery and videos - Tips on how to do business with Israel, including visa and travel information - A comprehensive index of Israeli diamond companies with links to their web presence - A sophisticated Diamond supply and demand platform for posting needs of international and Israeli members, as well as goods offered by Israeli diamantaires. An alert system informs users of relevant diamond needs in real-time

The informative section of the portal is open to all users. Russian members of the diamond and jewelry trade are invited to register as members, free of charge, to gain access to the secure section of the portal which offers information about Israeli companies, and entry into the diamond supply and demand platform.

Contact: Sharon Gefen Tel: +972-3-5442999; +972-54-4494494 E-mail: sharon@gefenltd.co.il

Source: The Israel Diamond Institute Group of Companies (IDI)

Contact: Sharon Gefen, Tel: +972-3-5442999; +972-54-4494494, E-mail: sharon at gefenltd.co.il