SOURCE: Novori, Inc.

January 29, 2007 11:00 ET

Novori, Inc. (OTCBB: NOVO) CEO Interviewed on WallSt.net

Discusses Business Overview, Competitive Advantage, Market Opportunities, and What to Look for From the Company Over the Coming Year

BELLINGHAM, WA -- (MARKET WIRE) -- January 29, 2007 -- Novori, Inc. (OTCBB: NOVO) -- www.novori.com -- a leading online interactive retailer of fine diamond engagement rings, announced today that the Company's CEO, Mr. Harold Schaffrick, was interviewed by the financial information portal http://www.WallSt.net.

Novori's pricing allows consumers to buy diamond engagement rings at approximately 50% less than brick and mortar stores. Because of this, Novori is rapidly expanding in a market that Foresters, an independent research firm, is calling "booming market" that should grow from 2.1 billion in 2005 to 10 billion in 2008.

In the interview with WallSt.net, Mr. Schaffrick provided insight into the Company's business strategy, market trends for online jewelry e-tailers, and what to look for from the Company over the next year. Mr. Schaffrick also shared information related to the Company's success in building and maintaining a competitive edge through continued IP and website development as well as milestones to be expected.

The interview is available for listening on the Interview section of the http://www.WallSt.net website under the OTCBB section, or directly at http://www.wallst.net/audio/audio.asp?symbol=NOVO&id=2957.

About Novori, Inc.

Founded in 2004, Novori is a leading online interactive retailer of diamond engagement rings and fine jewelry. Novori launched their website in 2005 and has built a well respected brand by providing consumers with superior customer service and a better way to buy diamond engagement rings. Novori prides its self on the highest quality standards in the industry and provides consumers with unique online tools to allow consumers to explore, build and purchase their own custom made diamond rings in a way not previously offered by traditional retailers. The Novori.com website offers thousands of independently certified diamonds, settings and fine jewelry at prices significantly below traditional retail. Novori's shares are traded on the Over the Counter market (OTCBB) under the symbol NOVO.

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 Information

  • Investor Relations:
    1-888-646-5677