Charles & Colvard Sales Up 53% in 2010

Charles & Colvard,
the sole source of diamond simulant moissanite, announced Feb. 16 that its
total net sales for 2010 increased 53 percent, and total sales in the fourth
quarter were up 48 percent.

The company will host an investor conference call on Feb. 23
at 11:15 a.m., and will release its full financial statement earlier that day.

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