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News Release


Novori (NOVO) Reports Further Outstanding Financial Numbers

 

Novori Inc. (OTCBB: NOVO) -- www.novori.com -- a leading online interactive retailer of fine diamond engagement rings and jewelry -- is pleased to announce that 2008 third quarter revenues increased by 43% from last years quarter ending in February 2007. Novori attributes the increase in the total revenues to two major factors:

   1) Increased customer awareness of the Novori brand.
   2) Increased traffic to Novori's website resulting form consistently high rankings on internet search engines.

During the 2007 holiday season, total online sales in the U.S. jumped dramatically. Online sales in 2007 were over $29 billion. The period between December 10 to December 16 was called the heaviest week of the season because online sales totaled $4.7 billion, according to BizAims.

E-retail increased an average of 26.4% for the past 6 years compared to retail sales increase of 3.9%. Internet sales are growing 6 times faster than any other method of sales. The jewelry category is expected to double from $4 billion in 2007 to $8.5 billion in 2011. Jewelry sales count for a whopping 14% of all online sales. (Global Wealth Trade Corp).

About Novori Inc.: www.novori.com

Founded in 2004, Novori is a leading online interactive retailer of diamond engagement rings and fine jewelry. Launched in 2005, Novori's well respected brand provides consumers with superior customer service and a better way to buy diamond jewelry. Novori prides itself on the highest quality standards in the industry and offers consumers unique online tools that allow them to explore, build and purchase their own custom made diamond rings in a way not previously offered by traditional retailers. Novori's website offers thousands of independently certified diamonds, settings and fine jewelry at prices significantly below traditional retail.

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:

Media Contact 702-300-1725 pr@novori.com  

Investor Relations 1-888-646-5677 ir@novori.com





Best diamond prices online
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All engagement rings are made in the USA
Registered with the Better Business Bureau
Huge selection of high quality diamonds
  More Reasons >>

I proposed to my now fiance the other day and she honestly cannot take her eyes off of her ring. I leave for work, she is staring at it, I come home and she...
Zach

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I proposed to my fiance earlier this week and it went great! She loved the setting and stone from Novori. I was very happy with the value I got for my money....
Brent

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Absolutely beautiful. Again, thank you for all your help. I look forward to working with you in the future and letting all my friends know about your website....
Dan

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I found Novori through the internet. The website was very easy to use and assisted me in building my own ring. After doing so, I thought a mistake was made so I called,...
Zach

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I just want to say, thank you for your business. Gorgeous Stone! I am overly satisfied and would recommend your business to anyone....
Rob

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I just like to say that you have provided exceptional customer service and all my expectations have been met. I had my diamond ring appraised in Canada and it was exact to specs even...
Andrew

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The ring has arrived safely and it looks fantastic. I’ve seen nothing like it in the UK which makes it all the more special. Thank you very much for all your assistance over the last...
Gavin

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Hey, I got the ring yesterday in the mail. The ring looks even better than the picture, and I appreciate the speedy delivery. If I have need of more jewelry for my future...
Kelly

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The engagement ring ordered by Robert has arrived in Kuwait and found it's permanent home on my finger. I wanted to say thank you for the beautiful work. This ring is gorgeous!...
Tammy

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I received the ring I ordered today, right on time! ...and was blown away! I honestly can say I have never seen anything like it, the quality, and the sparkle will insure the proposal goes...
Jeremy

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Thanks a lot for your assistance through this process. You've been a huge help, and I will be sure to let others know of my experience with you. I didn't think the timing and everything...
Victor

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I received the package and just wanted to let you know I think it is great. Thanks again for all your help and 'non-pressure' to buy the most expensive or anything really. Thanks...
Michael

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I wanted to drop you a line to let you know how satisfied I have been with your products and service. I ordered both my fiance's engagement ring and my wedding band from Novori...
Vince

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Thank you for your help in selecting our engagement ring. You were very patient with all of our questions and we were pleasantly surprised at how beautiful the diamond was. We could not...
Justin

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Thank you for your diligence. Much appreciated! Dealing with this company has been a treat. Charlene has been helping me out with all my queries, and she was extremely knowledgeable in all areas....
Gary

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