Press Release

Visioncut/Cushette and GCAL to Co-Sponsor Las Vegas Party To Promote Upcoming Episode In TV Series “Gene Simmons Family Jewels”

NEW YORK, NY ― May 23, 2007 ― VisionCut LLC, creator of the Cushette® Diamond, is partnering with Gem Certification & Assurance Lab (GCAL) to sponsor a party during the JCK Las Vegas Show to promote a prominent role in an upcoming episode of A&E Network’s hit reality series Gene Simmons Family Jewels that utilizes a Cushette Diamond. The celebration of the Cushette Diamond in a “starring” role will be held at the TAO Nightclub in the Venetian Hotel in Las Vegas on June 2, 6-8 p.m.

The series Family Jewels, one of A&E’s highest ranked shows, follows the daily lives of legendary rock band KISS co-founder Gene Simmons, his long-time partner, actress-model Shannon Tweed, and their two children.

VisionCut President Michael Schachter filmed a scene featuring the Cushette Diamond that will be shown in an episode this fall. In the scene, Mr. Simmons buys a Cushette Diamond for Ms. Tweed after consulting with Mr. Schachter. GCAL, which certifies all Cushette Diamonds, also plays a key role in the scene.

The Cushette Diamond features 77 facets, compared to 58 facets in a traditional cushion cut. The Cushette Diamond was developed by Mr. Schachter through the exclusive, patented cutting method known as the Rosetta ProcessTM. Every Cushette Diamond is graded for color and clarity in addition to GCAL’s proprietary direct light performance that reports on optical brilliance and optical symmetry.

“The show is very popular, and it will give us the kind of exposure we want for the Cushette in venues around the country,” Mr. Schachter said. “We understood that exposure on the show would create a co-op opportunity for retailers to advertise the Cushette around the scenes in the series. And the party allows us to create a fun, relaxed atmosphere for prospective and existing customers.”

According to Mr. Schachter, VisionCut selected GCAL to certify its Cushette Diamonds because GCAL is the only diamond laboratory that offers a Zero Tolerance Consumer Grading Guarantee on all its diamonds. GCAL also is the only laboratory that features an optical brilliance analysis, the GemprintTM identification and registration system, and the SourceVeritasSM Passport providing the assurance and security of knowing your diamond came from a conflict-free source, he added.

“We are pleased to participate with VisionCut in this unique opportunity to promote both the Cushette Diamond and the GCAL name to consumers and the trade,” added Don Palmieri, President of GCAL. “When you buy a Cushette Diamond, you gain the confidence of knowing your diamond comes with a GCAL certificate – the only guaranteed diamond certificate in the industry.”

About VisionCut LLC

VisionCut LLC is a diamond company that focuses on unique and proprietary diamonds using patented and trademarked cutting methods. All VisionCut diamonds are cut for optimal light performance. The company provides a total marketing and advertising program for its dealers. VisionCut is part of the M. Suresh Group. Being tied to a sightholder allows retailers to have first-hand access to unique diamonds. VisionCut’s Cushette Diamond is sold only through retail stores and never on the Internet.

About Gem Certification and Assurance Lab

Gem Certification & Assurance Lab (GCAL) is a subsidiary of Collectors Universe, Inc., a NASDAQ Global Markets traded company (CLCT NASDAQ listed). GCAL provides guaranteed diamond certification with bundled services including Gemprint and direct light performance analysis as well as SourceVeritas and Ideal Cut certificates (www.gemfacts.com). GCAL is the Official Diamond Laboratory of the International Colored Gemstone Association for North America, Fine Jewelry CEO Summit, JCK – Las Vegas, JCK Invitational show, Couture 2007, and the JA New York Shows. GCAL also is the Oasis Lounge sponsor of the Premiere, Prestige Promenade and Luxury by JCK shows.

Contacts

Michael Schachter
VISION CUT LLC
michael@visioncut.com
TEL: 212-730-2724

Don Palmieri
Gem Certification & Assurance Lab
dap@gemfacts.com
212-869-8985