Abazias.com Sales Top US $3 Million in 2005

Gainesville, Florida -- April, 26 2005 -- Online diamond retailer Abazias.com enjoyed record sales of US$3,057,657 million in 2005 with an approximate 48 percent increase in sales from 2004. Gross profit increased 57 percent, combined with positive stockholder equity and solid cash balances of US$295,000 for the year, showing a significantly improved financial position compared to 2004.

Further, Abazias reports a 57 percent decrease in operational losses at just US$434,905, primarily due to reduction in stock issued to management and various consultants. Additionally, the loss on a cash basis for the year was just US$122,055.

"We have spent the last year strategically marketing our company through an extensive internal search engine optimization campaign. In addition we have enhanced our website, added a new non-engagement line of jewelry and had alignment with important celebrity brands like the Paris Hilton Limited Edition watches -- all while still committed to our low burn rate. The sky is the limit in 2006," states Oscar Rodriguez, Chief Executive Officer, adding that plans for this year include aggressive investor relations, consumer public relations and strategic marketing alliances including a current promotion with The Price is Right.

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