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EMAIL from Richard Krementz.....sent to me on 5/20/00

Krementz has been in business since 1866, and is still going strong. It was founded by my great-grandfather George Krementz.

Krementz has always manufactured gold jewelry, and started making gold overlay in the 1880's. Up to the end of the 1980's, Krementz was the most diversified jewelry manufacturer in the world, making some inexpensive gold overlay for under $10.00 to one-of-a-kind colored gemstone pieces that sold for over $100,000. We sold under the brand names of Krementz, Diana, Shiman, McTeigue, and Jones and Woodland, among others. My father (Richard, Jr.) decided to focus the business strictly on the fine colored gemstone jewelry, and sold many of the divisions. As you correctly stated, Krementz Overlay has been sold to Colibri, and has been consolidated into their Providence operations. Other divisions have been sold to companies such as Frederick Goldman and Tiffany & Co.

I am now president of renamed Richard Krementz Gemstones LLC, which specializes in fine 18 karat and platinum jewelry with exotic colored gemstones, such as tanzanite, alexandrite, and tourmaline. Most of rings sell from $5,000 to $10,000 retail, with some of the finer pieces selling for over $100,000. We also manufacture a line of high-end platinum engagement rings under the name Richard Krementz Platinum.

For more information, please see our web site http://www.rkg1866.com

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