Abazias Preliminary Fourth Quarter Sales Leap 161%

After disappointing third quarter earnings of $520,000, down about 16 percent from the prior year period, online jewelry retailer Abazias yesterday released preliminary fourth quarter sales for 2005 of $1.369 million, over $300,000 ahead of their projected sales. These preliminary figures show a 161% leap over the same quarter last year, which amounted to $524,407.

Oscar Rodriguez, CEO of Abazias, said, "We were prepared for the holiday rush, with an expanded jewelry line, Paris Hilton Limited Edition Watches, a lean operating budget and a savvy marketing mix. We were able to out produce our fourth quarter goal of $1million in revenues, by offering more selection, and increased awareness of our company through advertising."

Planned activities for 2006 include professional associations, such as SmallCapVoice.com, and investor relations with road show luncheons in key markets. Additionally, Abazias will continue to promote the company through consumer public relations and strategic marketing alliances with Paris Hilton Limited Edition Watches.