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Charles & Colvard Signs New and Expanded Distribution Agreement with Stuller, Inc.

Publication: Business Wire
Publication Date: 06-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
North America's Largest Supplier of Gemstones and Jewelry-Related Products

MORRISVILLE, N.C. -- Charles & Colvard, Ltd. (NASDAQ: CTHR), the sole manufacturer of moissanite jewels, The Most Brilliant Jewel in the World[TM], announced today that it has signed a new and expanded distribution agreement with Stuller, Inc. (Stuller), North America's largest manufacturer and supplier of gemstones, finished jewelry and jewelry-related products to independent retail jewelers.

Under the terms of the agreement, Stuller has the right to sell Charles & Colvard Created Moissanite as either a loose jewel or in manufactured jewelry in North America through December 31, 2010. Together, Stuller and Charles & Colvard will collaborate to increase moissanite sales in the near-term as well as build a foundation for a sustainable long-term partnership.

George R. Cattermole, Interim Chief Executive...

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