TDS applies for world's first titanium ring patent
26 Jul '05
3 min read
Los Angeles based investment company, Pacific Peak Investments announced that one of its portfolio companies, Titanium Design Studio, Inc. ("TDS"), has applied for a utility patent for the world's first sizable titanium ring.
David B. South, President of Titanium Design Studio, Inc., stated, "The reaction of the jewelry trade has been one of amazement. Titanium is a huge growth category for the jewelry business and, by solving the sizing issue, TDS is poised to become the major player in the titanium ring category."
Bruce MacGregor, President and CEO of Pacific Peak Investments, stated, "TDS was already the only company in the country offering cast titanium rings, which results in a level of precise detail previously unattainable in titanium rings. Add to that the ability to offer the rings in sizes, and TDS has created a completely new standard in titanium rings which is going to revolutionize the industry. This proprietary process will significantly add to the revenue potential of TDS."
TDS is forecasting a profit for the month of August, a tremendous feat for such an early stage company. Added MacGregor, "Company is extremely pleased with the progress TDS has made since Pacific Peak made investment in the company, both in terms of product and in profitability."
Titanium Design
Titanium Design Studio, Inc (TDS) is a Nevada corporation founded by David South. The Company was founded to supply quality products to the jewelry industry, which is demanding unique titanium products. Due to proprietary TDS Technologies, the firm can economically produce and supply jewelry in shapes and patterns, which was previously thought to be impossible or uneconomical to manufacture.
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