Record Sales and Tight Operations Confirm Online Diamond Company's Plans

GAINESVILLE, Fla.--(BUSINESS WIRE)--April 14, 2005--Abazias.com enjoyed record sales of $2.06 million in 2004 with an increase in gross profit of nearly 140% from 2003. Furthermore, Abazias.com reports insignificant operational losses of only $8,890 dollars for the year, excluding non-cash items. "The fact that we are nearly operationally profitable at such a low run rate, proves our commitment to the bottom line," commented Oscar Rodriquez, CEO.

"Our annual cash burn rate was approximately $250,000. That is less than most CEO salaries," Rodriguez further commented. An innovator, Abazias.com has been a part of the online diamond industry as a public company since October 2003, setting the pace for larger entities such as Blue Nile. To further review Abazias.com's performance, please refer to the 10K-SB which is available online.

Plans for 2005 include aggressive investor relations through professional associations including SmallCapVoice.com and Friedland Capital, Inc. Groups. Additionally, Abazias.com continues to promote the company through consumer public relations and strategic marketing alliances including a current promotion with Conde Nast Publications Lucky Magazine.

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.

About Abazias.com

Abazias.com features one of the largest certified loose diamond databases in existence with a database of over 60,000 diamonds, valued at over $350 million. 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, visit www.abazias.com or call 800-603-9940.

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