Abazias Third Quarter Sales of 2005 -15%

Gainesville, Florida -- Nov. 16, 2005 --Florida-based website Abazias.com reported a 15 percent decrease in third quarter fiscal 2005 sales to $520,000.

For the nine month period ending September 30, 2005, sales increased 8.5 percent to $1.63 million with a gross profit of 172 percent. Net loss for the nine month period reached $390,000 compared with a net loss of $1.02 million in third quarter 2004.

The improvement in net profit was attributable to a 47 percent decrease in general and administrative expenses as a result of a reduction in expenses associated with stock issued to management or consultants.

"When we combine these figures and the upcoming holiday season with our balance sheet, which has been greatly strengthened by an increased cash level, we are in a good position for strong fourth quarter numbers," said Oscar Rodriguez, CEO of Abazias.

During 2005, Abazias.com promoted investor relations through professional associations such as SmallCapVoice.com and via road show luncheons in key markets through Friedland Capital. Abazias also has strategic marketing alliances with national television game shows such as The Price Is Right.

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