PROVIDENCE, RI – November 15, 2012

Dama Inc. is proud to announce an exciting new collaboration with LeachGarner, a Berkshire Hathaway company. Together, Dama and LeachGarner will bring a new secure clutch and post earring back system to the jewelry market.

Dama and LeachGarner are both committed to developing the highest quality jewelry components in their American manufacturing facilities. Combining LeachGarner’s over 100-years of manufacturing and distribution expertise with Dama’s commitment to developing advanced products will bring a new level of sophistication and innovation to the jewelry findings industry.

Dama and LeachGarner plan to jointly announce a new line of earring findings in the future. “After developing our innovative new line of findings, we wanted to find a distribution channel to help us deliver those products to the market,” Marcos Fountoulakis, CEO of Dama Inc. said. “LeachGarner’s demonstrated excellence in the distribution and manufacturing of jewelry findings makes them an ideal collaborator.”

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“As soon as Dama approached us with their new clutch and post earring back system, we knew that we had found something special,” said Joe Esposito, LeachGarner’s Managing Director. “Their product solves a real need in the market that no other company has fully addressed. Dama has shown us some of the greatest innovations we’ve seen in the past 50 years.”

Said Joe White, President of LeachGarner, “We’re all very excited to work alongside Dama on this product launch. Both Dama and LeachGarner are committed to building the best products available in our American manufacturing facilities, and we’re looking forward to enhancing that commitment to quality for both companies.”

Under the agreement, Dama and LeachGarner will jointly develop their new earring components while maintaining their status as independent entities. The first joint product launch is planned for Q1 2013 with an innovative new post and clutch earring back system. Dama will provide advanced manufacturing capabilities and patents to create the new secure clutch while LeachGarner will manufacture the new secure post. LeachGarner will provide an extensive distribution network and the highest quality gold materials that meet new international sourcing standards, all milled exclusively in LeachGarner’s Attleboro, MA facilities.

The product collaboration between Dama and LeachGarner will combine innovative technology with the highest quality metals. Both companies are looking forward to providing their customers with these exciting new products.

About LeachGarner:

LeachGarner, Attleboro, MA, specializes in manufacturing and distributing jewelry basic materials and components to manufacturers around the world. As a Berkshire Hathaway company, with hundreds of years of experience manufacturing jewelry components, LeachGarner is committed to advancing the jewelry industry, meeting customer needs and working collaboratively with vendors. The company drives innovation and invests in the technology needed to build the foundations of jewelry that lasts.

To learn more, visit www.LeachGarner.com, or contact Cathy Coia at (508) 222-7400 x1233 or ccoia@leachgarner.com

About Dama:

Dama Inc. is a manufacturer and distributor of quality jewelry findings and carding components, based in Rhode Island with additional operations in China. Dama’s mission has always been to provide the same quality service to all customers in all time zones, in all languages, and assist with any type of specific need. Dama has been named “Exporter of Year” twice and is the exclusive manufacturer for numerous world-renowned fashion jewelry lines. Manufacturing automation, modern technology and the highest standards in quality control make Dama a leading supplier to jewelry manufacturers worldwide.

To learn more, visit www.Dama.net, or contact Lizz Crum at (401) 272-7722 x108 or lizz@dama.net