RapNet Launches Upgraded Trading Platform

RAPAPORT PRESS RELEASE, January 8, 2018, Las Vegas... RapNet, theworld's leading diamond trading network, will launch a new, upgraded platformtomorrow, January 9, 2018. The upgrade will provide members with a moresecure, intuitive and smarter trading environment. It is the first step in a $5million Rapaport and RapNet development project that will revolutionize theelectronic market for diamonds. This first phase upgrade will significantly increase security by providingexclusive communications between RapNet members. New RapNet technology providesan alternative to the use of emails that are often hacked and used to misdirectdiamond payments and shipments. With electronic fraud a growing and prevalentthreat in the diamond industry, this significant change is essential to ensureRapNet members can trade in a secure and safe environment.With RapNet members initiating over one million trades a year, the new userinterface will also enable members to directly negotiate online. Searches willrun faster and smarter with more features."RapNet is introducing new technology that will provide a safe and securetrading environment for our members. We are investing millions of dollars innew electronic infrastructure that will usher in a new era of diamond trading,"said Saville Stern, COO of RapNet.Learn more about the new RapNet platform at www.rapnet.com/newrapnet.Media Contacts:US: Sherri Hendricks +1-702-893-9400;India: Prashant Bhojani +91-97694-66855International: Elinor Shalev +972-3-729-0901About RapNet: RapNet is the world's largest diamond tradingnetwork with daily listing of over 1.2 million diamonds valued at over $7.3billion. Established in 1992 it is a member of the Rapaport Group with officesin Las Vegas, New York, Antwerp, Ramat Gan, Mumbai, Surat, Dubai and HongKong.Visit RapNet.Com for additional information.