Novori, Inc. (OTCBB: NOVO) CEO
Interviewed on WallSt.net
Monday January 29, 11:00
am ET
Discusses Business
Overview, Competitive Advantage, Market Opportunities, and What to Look for
From the Company Over the Coming Year
BELLINGHAM,
WA--(MARKET WIRE)--Jan 29, 2007 -- Novori, Inc. (OTC BB:NOVO.OB - News) -- www.novori.com -- a leading online interactive
retailer of fine diamond engagement rings, announced today that the Company's
CEO, Mr. Harold Schaffrick, was interviewed by the financial information portal
http://www.WallSt.net.
Novori's pricing allows
consumers to buy diamond engagement rings at approximately 50% less than brick
and mortar stores. Because of this, Novori is rapidly expanding in a market
that Foresters, an independent research firm, is calling "booming
market" that should grow from 2.1 billion in 2005 to 10 billion in 2008.
In the interview with
WallSt.net, Mr. Schaffrick provided insight into the Company's business
strategy, market trends for online jewelry e-tailers,
and what to look for from the Company over the next year. Mr. Schaffrick also
shared information related to the Company's success in building and maintaining
a competitive edge through continued IP and website development as well as
milestones to be expected.
The interview is available
for listening on the Interview section of the http://www.WallSt.net
website under the OTCBB section, or directly at http://www.wallst.net/audio/audio.asp?symbol=NOVO&id=2957.
About
Novori, Inc.
Founded in 2004, Novori is
a leading online interactive retailer of diamond engagement rings and fine
jewelry. Novori launched their website in 2005 and has built a well respected
brand by providing consumers with superior customer service and a better way to
buy diamond engagement rings. Novori prides its self on the highest quality
standards in the industry and provides consumers with unique online tools to
allow consumers to explore, build and purchase their own custom made diamond
rings in a way not previously offered by traditional retailers. The Novori.com
website offers thousands of independently certified diamonds, settings and fine
jewelry at prices significantly below traditional retail. Novori's shares are
traded on the Over the Counter market (OTCBB) under the symbol NOVO.
Forward-Looking Statements
Except for the historical
information contained herein, the matters discussed in this press release are
forward-looking statements. Such statements are indicated by words or phrases
such as "believe," "will," "breakthrough,"
"significant," "indicated," "feel,"
"foresee," "revolutionary," "should,"
"ideal," "extremely," and "excited." These
statements are made under "Safe
Harbor" provisions
of the Private Securities Litigation Reform Act of 1995. Actual results may
differ materially from those described in forward-looking statements and are
subject to risks and uncertainties. See Novori's filings with the Securities
and Exchange Commission, including, without limitation, Novori's recent Form
10-KSB and Form 10-QSB, which identify specific factors that may cause actual
results or events to differ materially from those described in the
forward-looking statements.
Contact:
Investor Relations:
1-888-646-5677
Source:
Novori, Inc.
