| Ice, Ice Baby, Abazias.com Welcomes BlueNile to the World of
the Publicly Traded Online Diamond Dealers with Cool Composure
With an exclusively branded diamond, quarterly reports filed
and a year under their belt, Abazias.com (ABZS) sits back and smiles
as the world reacts to the BlueNile (NILE) IPO. “We are thrilled
that a company as recognizable as BlueNile is taking the same risk
we took a year ago, legitimizing the market niche,” states Oscar
Rodriguez, CEO of Abazias.com. “This is great for the industry as a
whole.”
GAINESVILLE, FL (PRWEB) May 19, 2004 –- With an exclusively
branded diamond, quarterly reports filed and a year under their
belt, Abazias.com (ABZS) sits back and smiles as the world reacts to
the BlueNile (NILE) IPO. “We are thrilled that a company as
recognizable as BlueNile is taking the same risk we took a year ago,
legitimizing the market niche,” states Oscar Rodriguez, CEO of
Abazias.com. “This is great for the industry as a whole.”
Abazias.com is one of the nation’s leading international discount
diamond and loose diamond dealers on the internet and one of the few
public companies in this burgeoning online industry. Abazias.com has
set the pace for other online diamond dealers to follow in terms of
marketing, promotions and big picture momentum including announcing
their exclusively branded diamond, making Abazias.com an investors
dream.
Abazias is proud to present its exclusive Couples Diamond®, which is
available only on
www.abazias.com. The Couples Diamond® will replace the Amore
diamond which Abazias sold on behalf of another company. The Couples
Diamond® Brand diamonds are certified super ideal cut hearts and
arrows diamonds. The Couples Diamond® Brand diamonds are cut to
perfection and have the highest grading of polish and symmetry. A
super ideal cut diamond returns 98% of the light entering it, giving
it noticeable brilliance.
Abazias.com enjoyed record sales of 1.7MM its first year as a public
company, in an industry that has ample opportunities for growth, and
will release its 2004 first quarter record results over the next
several days. Online sales are still a small part of the U.S.
diamond market, an estimated 2% of the total of $29 billion in 2003,
according to the Jewelry Industry Research Institute, but that's up
from 1.5%, up 25%the year before. Overall, online jewelry sales are
expected to hit $2.8 billion this year, up from $2 billion last
year, says sales tracker Forrester Research. To further review
Abazias.com's performance, please refer to the 10K-SB which is
available online.
Further plans for 2004 include additional strategic marketing
alliances including a current promotion with
www.Maximonline.com, the online portal of Maxim Magazine.
Abazias.com has created a strong customer following based on
customer service and site innovations that let shoppers create their
own jewelry. In addition to delivering quality diamonds at wholesale
prices, Abazias.com is also a full-service jeweler offering a large
selection of settings for stones purchased.
About Abazias.com
Abazias.com (ABZS) is one of the nation’s leading international
discount diamond and loose diamond dealers and one of very few
public companies in the online industry. Abazias.com features one of
the largest certified loose diamond databases anywhere in the world.
Abazias.com offers a database of over 60,000 diamonds, valued at
over $50 million. All of the diamonds out of Abazias.com are GIA,
AGS or EGL certified. Abazias.com also offers specialty diamonds
including the “Couples Diamond”® which is required to meet even
higher standards for cut, clarity and dimensions. For more
information, please visit
www.abazias.com
or call 800.603.9940.
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