For immediate release, Santa Clara, CA, October 25, 2005.
sp3 Offers DiaTip Freestanding Diamond Tips and Tipping
Services to Global Market
Wear, Durability Benefits of Diamond
and Low Cost of Ownership Make Product Ideal for Cutting Tools
 sp3 Diamond
Technologies, Inc., a leading supplier of diamond film services, equipment and
products, today brought its DiaTip™ freestanding diamond tool tips and
tipping services to the global cutting tool market. sp3's freestanding diamond
enables unparalleled performance, with DiaTip inserts capable of achieving a
wear life two to three times that of polycrystalline diamond (PCD) while
maintaining edge sharpness longer. DiaTip is available as insert tips and
carbide-backed cartridge tips or as a custom tip applied to customer-supplied
carbide inserts and cartridges.
"DiaTip has a significant impact on our customers' tool
performance and overall cost of ownership," said Jim Herlinger, chairman and
CEO of sp3 Inc. "While tool costs comprise only 3 percent of overall machining
costs, DiaTip users will see longer tool life, at higher machining speeds and
with fewer tool changes. This increased tool performance, which affects the
other 97 percent of machining costs, significantly lowers the cost of ownership
thanks to the wear, dimensional stability and total cost benefits of diamond
tipped tools."
sp3 has significant expertise in the application of DiaTip having
manufactured and internally used the tips for several years. Due to the
benefits realized from the implementation of DiaTip, the company has decided to
move into the mass market and offer it as an independent product.
"We have come to realize
the value tool customers gain when they implement the DiaTip product and are
looking to offer those benefits to the global cutting tool market," stated
Dwain Aidala, president and COO of sp3 Diamond Technologies. "With its
unmatched strength and durability DiaTip's performance exceeds that of PCD by
100 to 200 percent at a price point that is typically only 30 percent more than
PCD, making it a very attractive proposition for our customers."
sp3's DiaTips are
fabricated from a stand-alone sheet of thick film diamond, which is grown in a
chemical vapor deposition (CVD) reactor. Typical films are 500 microns thick.
The diamond sheets are laser cut into DiaTips, which are then brazed to
customer supplied carbide or steel inserts and cartridges. DiaTip features a
cutting surface of pure diamond, with no binder. Absence of a binder avoids
chemical interaction with coolant or work piece materials.
For further information on
the process, pricing and delivery times, please contact Steve Waite directly on
+1 866 250 9984 or DiaTip@sp3inc.com.
About sp3 Diamond
Technologies, Inc.
sp3 Diamond Technologies is focused on developing diamond-based
applications for electronics thermal management, diamond-on-silicon, wear
applications and enhanced cutting technologies. Based in Santa Clara,
California, USA, the company provides diamond deposition services, hot filament
CVD reactors, and deposition consulting services to companies worldwide across
a broad spectrum of industries.
sp3 Diamond Technologies is a subsidiary of sp3 Inc., a
full service provider of products and services relating to thin-film and
thick-film diamond deposition and other diamond materials. sp3 Inc. is composed
of sp3 Diamond Technologies and sp3 Cutting Tools.
For more information about
the company and its products and services please visit www.sp3inc.com.
For more information on
this release please contact: Jim Herlinger, Chairman and CEO, sp3 inc., (408)
492-0630. |
