Share Your Thoughts

If you have ideas on how we can make our site better, or if you've come across an error, we'd love to know.

Name:
E-Mail Address:
Your Comments on this page

Search Abazias

HACKER SAFE certified sites prevent over 99.9% of hacker crime.
Call Us Toll-free 800-603-9940
 

Abazias.com (ABZS) Heralds BlueNile (NILE) IPO as Revival of Tech Boom Marked by Surge in Stock Interest for all Online Diamond Dealers


GAINESVILLE, FL -- (MARKET WIRE) -- 05/20/04 -- With an exclusively branded diamond, quarterly reports filed and a year under their belt, Abazias.com (OTC BB: ABZS) sits back and smiles as the world reacts to the BlueNile (NILE) IPO, opening 4.5 above expectations. "We are thrilled that a company as recognizable as BlueNile is taking the same risk we took a year ago, legitimizing the market niche," states Oscar Rodriguez, CEO of Abazias.com. "This is great for the industry as a whole."

Abazias.com is one of the nation's leading international discount diamond and loose diamond dealers on the internet and one of the few public companies in this burgeoning online industry. Abazias.com has set the pace for other online diamond dealers to follow in terms of marketing, promotions and big picture momentum including announcing their exclusively branded diamond, making Abazias.com an investors dream.

Abazias proudly presents its exclusive Couples Diamond(R), available only on www.abazias.com. The Couples Diamond(R) replaces the Amore diamond previously sold on behalf of another company. The Couples Diamonds(R) are certified super ideal cut hearts and arrows diamonds, cut to perfection and with the highest grading of polish and symmetry.

Abazias.com enjoyed record sales of $1.7MM its first year as a public company and will release its 2004 first quarter record results this week. To further review Abazias.com's performance, refer to the 10K-SB available online. Online sales are still a small part of the U.S. diamond market, an estimated 2% of the total of $29 billion in 2003, according to the Jewelry Industry Research Institute, but that's up from 1.5%. Overall, online jewelry sales are expected to hit $2.8 billion this year, up from $2 billion last year, says Forrester Research.

Further plans for 2004 include additional strategic marketing alliances including a current promotion with www.Maximonline.com, the online portal of Maxim Magazine.

Abazias.com features one of the largest certified loose diamond databases in existence with a database of over 60,000 diamonds, valued at over $50 million. All of the 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, visit www.abazias.com or call 800.603.9940.

Other articles of interest: