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Call Us Toll-free 800-603-9940 (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, (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 "This is great for the industry as a whole." 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. 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 an investors dream.

Abazias proudly presents its exclusive Couples Diamond(R), available only on 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. 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'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, the online portal of Maxim Magazine. 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 diamonds are GIA, AGS or EGL certified. offers the "Couples Diamond®" which is required to meet even higher standards for cut, clarity and dimensions. is also a full-service jeweler offering a large selection of settings for stones purchased. For more information, visit or call 800.603.9940.

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