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Holiday Sales Skyrocket Abazias.com Preliminary Fourth Quarter Results
GAINESVILLE, Fla.--(BUSINESS WIRE)--Jan. 17, 2006--Abazias (OTCBB:ABZS) announces that based upon the significant holiday sales figures, it is pleased to announce preliminary fourth quarter sales for 2005 of $1.369 million, over $300,000 ahead of their projected sales. This figure is 161% over the same quarter last year which amounted to $524,407. 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 were prepared for the holiday rush, with an expanded jewelry line, Paris Hilton Limited Edition Watches, a lean operating budget and a savvy marketing mix. We were able to outproduce our fourth quarter goal of $1MM in revenues, by offering more selection, and increased awareness of our company through advertising."
Activities for 2006 include investor relations through professional associations including SmallCapVoice.com, and investor relations with road show luncheons in key markets. Additionally, Abazias continues to promote the company through consumer public relations and strategic marketing alliances with Paris Hilton Limited Edition Watches.
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 70,000 diamonds, valued at over $350 million on its site at www.abazias.com. Most of Abazias.com 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.
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