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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 want to thank you and your staff on the work that you all have done and have the patience to work with us on this most special event that will take place this August....
Charles

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Received rings. Wanted you to know that you did an excellent job making and packing the rings. The look on my fiancee's face was worth every cent. Bookmarked your web page so I...
Eddie

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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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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 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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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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We are very excited and so happy with the product you produce. Thanks for being so understanding and helpful throughout the process. Novori is definitely our recommended jeweler for the people who talk to...
Robert

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I gave it too her last night and she said yes. She loved the ring. The diamond is nothing less then perfect. It appraised over 3 times the purchase cost. Thanks...
David

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I received your package this morning. The comunication, service and delivery were outstanding. The diamond looks like a dream. Thank you again for all your help....
Esteban

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The ring looked outstanding, so outstanding tears started to flow at the same time "Yes I will" came out of her mouth. Thank you so much! Your product was everything you said it would be...
Jody

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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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I do buy a lot online, but I research and review countless hours. I wanted a jeweler with superior craftsmanship and experience, while also having a selection that was unlike anything I saw locally. I...
Anthony

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We wanted to thank you for the spectacular and stunning job on our wedding bands, as well as my engagement ring! The quality of the diamonds Novori offers are truly magnificent! The way that the...
Michael & Barbara

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Just a quick Thank You. The ring is perfect and the service was even better! Delivered, as promised and on time. I wish all of my purchasing experiences were as good. Thanks....
Terry

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