Abazias Announces Second Largest Diamond Sale in History; $85,970 Diamond Sold Just in Time for Summer
Posted on: Tuesday, 30 May 2006, 09:00 CDT
Abazias Diamonds (OTC BB ABZS) is proud to announce the second largest diamond sale in the company's history. With the summer and "June Bride" season fast approaching, Abazias.com has encountered an increased interest in diamonds three carats and over in size. This most recent sale was an $85,970, 3.00 carat, E color, VSII clarity diamond. When purchased through Abazias.com, this one-of-a-kind diamond offers a savings of nearly 30% off of retail prices.
When asked about their substantial increase in large diamond sales, CEO Oscar Rodriguez attributes Abazias.com's success to its vast offerings and tight margins. "Our ever expanding database of high-quality diamonds combined with our incredible pricing makes Abazias.com the frontrunner in the marketplace. In fact, the proof is in the numbers. Our first quarter sales were up 165% and our gross profit was also up 167% from the same quarter last year."
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.
Abazias.com showcases over 80,000 diamonds, valued at over $400 million on its site at www.abazias.com. Most of Abazias.com's diamonds are GIA, AGS or EGL certified. Abazias.com offers the "Couples Diamond(R)," which is required to meet even higher standards for cut, clarity and dimensions. Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. For more information about Abazias.com, visit the Company's website at www.abazias.com.
This press release may contain statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Source: Business Wire
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