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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





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  More Reasons >>

I received my ring today, and I just wanted to say that it is gorgeous and I absolutely love it! You did a phenomenal job. I will definitely recommend Novori to anyone I...
Jacqui

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I received my diamond today and I wanted to say thank you the diamond was stunning. I was so excited to receive it and was very happy when my jeweler kept commenting on how...
Barbara

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I have received the appraisal. I truly appreciate your help and quick response. Novori is definitely a great company and I am going to recommend your company to all of my friends and family....
Ricardo

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I have received the tension set engagement ring, WOW, very stunning. Thanks a lot for your help and direction in picking out a very beautiful diamond. I am sure that my finace to...
John

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I recently purchased an engagement ring through your site. I just wanted to say thank you for providing such a wonderful product at such a great price. I searched numerous web sites and yours was...
Kendall

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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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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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Just wanted to let you know that my fiance loves the engagement ring. I also had it appraised, and the jeweler said it was a beautiful stone. He was also very impressed with the quality...
Alex

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Just wanted to give you a quick THANK YOU... you helped me out a lot with this whole situation. The diamond ring is safe at my home. Thank you so much for your help and...
Ryan

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We received the tension set engagement ring with the white sapphire. True to your word, the stone is beautiful. We are getting married in Mexico at the end of this month. I want to...
Fergus

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I wanted to thank you and everyone else at Novori. I received my ring on Friday and was absolutely blown away. You all did a wonderful job. Thanks again....
Jason

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I wanted to take the time to drop you a note to express how delighted I am with the entire experience for purchasing the rings from Novori. From the outset, starting with the exceptional design of...
Darren

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Hello, I just wanted to write ya'll to say thank you very much for a smooth and professional transaction. The ring is absolutely stunning. Jen...my fiancée(she said yes) loves it! She also wants to buy...
Tyler

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Hi guys, it's me Bennie and I received my ring today and I must say that I couldn't be happier. It is absolutely gorgeous (can guys say that?). Thank you so much for your patience...
Bennie

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On Friday morning I received my ordered engagement ring and it is even more beautiful than I thought. I am so happy with my purchase. I was very unsure about ordering such an important item...
Ted

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