Message #2 From:
NewsBot Date: September 25, 2006 02:00:00 AM
ABZA News Sales Skyrocket at Abazias.com
GAINESVILLE, Fla.--(BUSINESS WIRE)--Abazias (OTCBB:ABZA) announces that based upon preliminary numbers, it
is pleased to announces that year-to-date sales figures already exceed
total sales for 2005. This is a significant hallmark because the
year-to-date figures do not include the highly anticipated 4th
quarter, holiday sales which in the jewelry industry count for
approximately 40% of the annual sales figures. The preliminary
year-to-date figure is over $3.1 million, exceeding last year's annual
sales total of $3,057,657. Please note, these figures are not final
and may be subject to adjustment.
Commenting on the expected results, Oscar Rodriguez, CEO of Abazias, had
this to say: “We are extremely encouraged by
these sales figures and anticipate a holiday sales surge in the fourth
quarter. Conservatively speaking, we still have a portion of the 3rd
and all of the 4th quarter left, and we expect
to exceed last year’s holiday sales. Simply
stated, we are expecting very good year-end figures.”
Abazias Diamonds has undergone a recent transformation with a new stock
symbol (ABZA) and a higher buy-in price as a result of a recent stock
split. The online diamond leader was recently featured in an IDEX
(International Diamond Exchange) feature about Online Jewelers Gaining
Significant Market Share. This article, which paired Abazias with the
likes of larger organizations like Blue Nile and Odimo, says online
jewelers are not only putting pricing pressure on store-based retailers,
but their online financial model is also causing traditional jewelers to
rethink their business model.
Abazias.com has created a strong customer following based on customer
service and site innovations that let shoppers create their own jewelry.
In addition to delivering quality diamonds at wholesale prices,
Abazias.com is also a full-service jeweler offering a large selection of
settings for stones purchased.
Abazias.com showcases over 80,000 diamonds, valued at over $400 million
on its site at www.abazias.com.
Most of Abazias.com's diamonds are GIA, AGS or EGL certified.
Abazias.com offers the "Couples Diamond®,"
which is required to meet even higher standards for cut, clarity and
dimensions. Abazias.com is also a full-service jeweler offering a large
selection of settings for stones purchased. For more information about
Abazias.com, visit the Company's website at www.abazias.com.
This press release may contain statements (such as projections
regarding future performance) that are forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those projected as a result of
certain risks and uncertainties, including but not limited to those
detailed from time to time in the Company's filings with the Securities
and Exchange Commission.