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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 >>

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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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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I've already picked up the ring and it looks fantastic! Thanks again for all your help. I'm assuming Novori already has a large satisfied customer base and yet again you and Novori...
Aaron

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Hi. Wanted to let you know we received the ring this morning. It is absolutely beautiful. You and your team have been amazing to deal with. Can't thank you enough. We will definitely be coming...
Michelle

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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 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 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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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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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 am pleased to inform you that I received yesterday the engagement ring. It is beautiful - excellent job. Thank you so much. I will recommend your website....
Jean

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Package received... ring is BEAUTIFUL! Thanks you for the expedited delivery. I'll look to you when we're ready to buy our wedding bands (saw a couple I really liked). Thanks again for the excellent service,...
Patrick

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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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Thank you so much for helping us pick out and design our engagement ring and wedding band. They're PERFECT. We love them and have gotten endless compliments. We're so pleased and we will always recommend...
Jay & Becky

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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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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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