October 17, 2013

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SCIO DIAMOND TECHNOLOGY

Scio Diamond Technology is a company deeply rooted in values. We believe in making the best possible products for our customers and in making their buying experience a true pleasure. Scio cultured diamonds will become an important component of the diamond jewelry market. In technology and industrial applications, we believe that diamond will become the operating system and wear-resistant material of choice. We also believe in the talents and character of our employees and in our responsibility to the communities in which we live and work. We believe that Scio Diamond Technology, its employees and its customers can and will make a difference in our world.
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Scio Diamond Provides Business Update

January 16, 2013 By

Announces Preliminary Quarterly Revenue and Outlook for Fiscal Year - To Present Tomorrow at the 15TH Annual ICR XChange Conference

GREENVILLE, SC, Jan. 16, 2013 /CNW/ - SCIO Diamond Technology Corporation (OTCBB: SCIO) today announced a business update, including preliminary third quarter fiscal year 2013 (FY13) sales results and its outlook for the fourth quarter. The company will present a company update at the 15th Annual ICR XChange Conference to be held in Miami, Florida at the Fontainebleau Hotel.

Estimated FY13 Financial Results (unaudited) and Outlook

  • Scio expects to report third quarter FY13 revenue of approximately $550,000.
  • Scio expects fourth quarter FY13 revenue of approximately $650,000 to $725,000.
  • Scio expects full-year FY13 revenues of approximately $1,260,000 to $1,330,000.

Conference Presentation

The Company’s presentation at the 15th Annual ICR XChange will begin at 1:10 p.m. Eastern Time on Thursday, January 17, 2013. Chief Executive Officer Steve Kelley will be speaking at the conference in the Glimmer Ballroom 3 & 4. Mr. Kelley will also host two question-and-answer sessions, at 9:15 am EST and 11:30 am EST at Table E4 in the Fontaine Fleur De Lis breakout room. Mr. Kelley will also be available for private meetings throughout the day.

A live webcast of the presentation will be available in the Investor Relations area of the Company’s website at http://www.sciodiamond.com. A replay of the webcast will be accessible at the same location.

The ICR XChange is one of the leading consumer-oriented investment conferences. Over the course of three days, more than 150 companies will present to over 1500 attendees, including buy- and sell-side analysts, the private equity community, the media, select investment banks, law firms and consultants. This event each year sets the tone for industry developments in the coming twelve months.

For updates on the conference follow ICR XChange on Twitter @ICRPR and join the conversation using the #icrxchange hashtag. Additional information can also be found at http://www.icrxchange.com.

About Scio Diamond Technology
Scio employs a patent-protected chemical vapor deposition process to produce high-quality, single-crystal diamonds in a controlled laboratory setting, with such diamonds referred to as “lab-grown” or cultivated diamonds. These cultivated diamonds have chemical, physical and optical properties identical to mined diamonds. The company’s manufacturing process enables it to produce high-quality, high-purity, and single-crystal diamonds that are colorless, near colorless and fancy colored. Scio’s technology offers the flexibility to produce lab-grown diamonds in size, color and quality combinations that are very rare in nature. Scio produces diamonds for industrial, gemstone, medical and semiconductor applications.

About ICR
Established in 1998, ICR is consistently ranked as one of the top independent financial communications firms in the North America, and in 2011 was ranked as the 8th largest independent communications firm overall. ICR specializes in investor relations, corporate and crisis communications and digital media, and represents more than 350 public and private companies across more than twenty different sectors. The firm maintains offices in Norwalk Connecticut, New York, Los Angeles, San Francisco, Boston and Beijing.
Learn more at http://www.icrinc.com.

SOURCE: Scio Diamond

 

For further information:SCIO Diamond Technology Corporation
Steve Kelley
Chief Executive Officer
864-751-4880
skelley@sciodiamond.com

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SCIO Diamond Technology to present at the 15th Annual ICR XChange Conference

January 10, 2013 By

GREENVILLE, SC, Jan. 10, 2013 /PRNewswire/ - SCIO Diamond Technology Corporation (SCIO) is pleased to announce that it will be presenting at the 15th Annual ICR XChange Conference to be held in Miami, Florida at the Fontainebleau Hotel.

The Company’s presentation will begin at 1:10 p.m. Eastern Time on Thursday, January 17, 2013. Chief Executive Officer Steve Kelley will be speaking at the conference in the Glimmer Ballroom 3 & 4. Mr. Kelley will also host two question-and-answer sessions, at 9:15 am EST and 11:30 am EST at Table E4 in the Fontaine Fleur De Lis breakout room. Mr. Kelley will also be available for private meetings throughout the day.

A live webcast of the presentation will be available in the Investor Relations area of the Company’s website at http://www.sciodiamond.com. A replay of the webcast will be accessible at the same location.

The ICR XChange is one of the leading consumer-oriented investment conferences. Over the course of three days, more than 150 companies will present to over 1500 attendees, including buy- and sell-side analysts, the private equity community, the media, select investment banks, law firms and consultants. This event each year sets the tone for industry developments in the coming twelve months.

The 15th Annual ICR XChange is pleased to be sponsored by Bank of America Merrill Lynch; Barclays; Canaccord Genuity; Citi; Cowen and Company; Credit Suisse; Goldman, Sachs & Co.; ITG; Janney Montgomery Scott LLC; Jefferies; J.P. Morgan; KeyBanc Capital Markets; Lazard; Nomura Securities International; Piper Jaffray & Co; Raymond James; Robert W. Baird & Co.; Stephens Inc.; Stifel Nicolaus; Wells Fargo Securities; and William Blair.

For updates on the conference follow ICR XChange on Twitter @ICRPR and join the conversation using the #icrxchange hashtag. Additional information can also be found at http://www.icrxchange.com.

About Scio Diamond Technology
Scio employs a patent-protected chemical vapor deposition process to produce high-quality, single-crystal diamonds in a controlled laboratory setting, with such diamonds referred to as “lab-grown” or cultivated diamonds. These cultivated diamonds have chemical, physical and optical properties identical to mined diamonds. The company’s manufacturing process enables it to produce high-quality, high-purity, and single-crystal diamonds that are colorless, near colorless and fancy colored. Scio’s technology offers the flexibility to produce lab-grown diamonds in size, color and quality combinations that are very rare in nature. Scio produces diamonds for industrial, gemstone, medical and semiconductor applications.

About ICR
Established in 1998, ICR is consistently ranked as one of the top independent financial communications firms in the North America, and in 2011 was ranked as the 8th largest independent communications firm overall. ICR specializes in investor relations, corporate and crisis communications and digital media, and represents more than 350 public and private companies across more than twenty different sectors. The firm maintains offices in Norwalk Connecticut, New York, Los Angeles, San Francisco, Boston and Beijing.

Learn more at http://www.icrinc.com.

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SCIO Diamond Technology to Present at the 14th Annual ICR XChange Conference

January 4, 2012 By

GREENVILLE, S.C., Jan. 4, 2012 (GLOBE NEWSWIRE) — SCIO Diamond Technology Corporation (OTCBB:SCIO.OB) is pleased to announce that it will be presenting at the 14th Annual ICR XChange Conference to be held in Miami, Florida at the Fontainebleau Hotel.

The ICR XChange is one of the leading consumer-oriented investment conferences. Over the course of three days, more than 150 companies will present to over 1500 attendees, including buy- and sell-side analysts, the private equity community, the media, select investment banks, law firms and consultants. This event each year sets the tone for industry developments in the coming twelve months.

The Company’s presentation will begin at 2:25 p.m. Eastern Time on Thursday, January 12, 2012. Chief Executive Officer Joseph Lancia will be speaking at the conference in the Glimmer Ballroom 3 & 4. Mr. Lancia will also host two question-and-answer sessions, at 9:50 am EST and 1:10 pm EST at Table 2 in the breakout room and be available for private meetings throughout the day.

A live broadcast of the presentation will be available on-line in the Investor Relations area of the Company’s website at http://www.sciodiamond.com. An on-line replay of the webcast will be available for two weeks.

More information on the conference is available at the website: http://www.icrxchange.com.

About SCIO Diamond Technology

SCIO Diamond employs a patent-protected chemical deposition process to produce high-quality, single-crystal diamonds in a controlled laboratory setting, with such diamonds referred to as “lab-grown” or cultivated diamonds. The diamonds have the identical chemical, physical and optical properties as any diamond found in the earth, and the company’s highly controlled manufacturing process enables it to produce very high-quality, high-purity, high volume, single-crystal colorless, near colorless and fancy colored diamonds.

SCIO’s technology permits it to produce lab-grown diamond in size, color, and quality combinations that are rare, if at all present in nature. For more information: http://www.sciodiamond.com

About ICR

ICR is a leading financial communications firm specializing in investor relations and corporate communications. Established in 1998, ICR represents more than 300 companies and has significant industry expertise and relationships in the resources sector. ICR maintains offices in Norwalk, CT, New York, Los Angeles, San Francisco, Boston and Beijing and is one of the industry’s fastest growing consultancies. For more information:http://www.icrinc.com.

CONTACT: Investor Relations:
         ICR, LLC
         Scott Arnold
         Senior Vice President
         +1 (310) 954-1107
         scott.arnold@icrinc.com
         Company:
         SCIO Diamond Technology Corporation
         Joseph D. Lancia
         +1 (864) 751-4880
         jlancia@sciodiamond.com
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Scio Diamond retains ICR, LLC to provide investor relations services

October 25, 2011 By 
GREENVILLE, SC, October 25, 2011 /PRNewswire/ - SCIO Diamond Technology Corporation (OTCBB: SCIO.OB) announced today that it retained ICR, LLC, as its investor relations firm.


Founded in 1998, ICR is a leading financial communications consulting firm that provides counsel from senior professionals with specific industry expertise.  ICR sets a new standard for financial communications with a business model driven by deep capital markets expertise provided by a team of former Wall Street and corporate professionals, including senior sell-side analysts, portfolio managers and investment bankers.  The firm represents approximately 300 corporate clients.




Gary T. Dvorchak, CFA, Senior Vice President at ICR, commented, “We are very excited to work with SCIO Diamond as the company embarks on a period of rapid development.  SCIO is poised to ramp a production technology that can transform the diamond industry, in both gemstone- and industrial-quality stones.  SCIO will benefit from increasing its exposure to major financial institutions, including sell-side analysts and portfolio managers focused on breakthrough technologies that can address large markets.  We are looking forward to SCIO presenting at our large investor conference, the ICR XChange, in early January in Miami.”




Joseph D. Lancia, CEO of SCIO Diamond said, “We are pleased to be partnering with ICR in our investor relations efforts.  We believe we have the potential to transform our industry with our high volume production technology for Lab Grown diamonds.  The investment opportunity should be of great interest to the financial community.  We look forward to leveraging ICR’s relationships with capital market participants to enhance our visibility and raise additional capital for our growth plan.”


 


About SCIO Diamond


SCIO Diamond Technology developed and is ramping up an advanced process for volume manufacturing of large, single-crystal diamonds in a controlled process reactor environment.  The company’s technology is based on a chemical vapor deposition (“CVD”) diamond growth system.  SCIO Diamond has thirteen patents (10 US [9 issued; 1 claim allowed]; 1 Australian; 2 China) related to its technology with approximately forty (40) domestic and foreign patents pending.  SCIO is building its first commercial scale fab in Greenville, SC.




About ICR


ICR is a leading financial communications firm specializing in investor relations and corporate communications.  Established in 1998, ICR represents more than 300 companies and has significant industry expertise and relationships in the resources sector.  ICR maintains offices in Norwalk, CT, New York, Los Angeles, San Francisco, Boston and Beijing and is one of the industry’s fastest growing consultancies.  www.icrinc.com.


 






 






Investor Relations:


ICR, LLC


Gary T. Dvorchak, CFA


Senior Vice President


+1 (310) 954-1123


gary.dvorchak@icrinc.com


 


 


 


 


Company:


SCIO Diamond Technology Corporation


Joseph D. Lancia


+1 (864) 346-2733


jlancia@sciodiamond.com


 


Cautionary Note Regarding Forward-Looking Statements


This press release contains forward-looking statements that involve risks and uncertainties, including the Company’s beliefs about its business prospects and future results of operations. Some factors that could cause actual results to differ materially include economic and operational risks, changes in anticipated earnings, continuation of current contracts, and other factors detailed in the Company’s filings with the Securities and Exchange Commission, including its most recent Forms 10-KSB and 10-QSB. The Company forecasts provided above are dynamic and therefore refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public.

		

		
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