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By Jeanette Goldman
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Posted: 01/18/06 10:15
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(Rapaport...January 18, 2006) Online diamond retailer Abazias reported preliminary sales of $1.4 million for its fourth quarter of 2005, an increase of 161 percent.
"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," said CEO Oscar Rodriguez. "We were able to out-produce our fourth quarter goal of $1 million in revenues by offering more selection, and increased awareness of our company through advertising," Rodriguez added.
Activities for 2006 include investor relations through professional associations including SmallCapVoice.com, and investor relations with road show luncheons in key markets. Additionally, Abazias continues to promote the company through consumer public relations and strategic marketing alliances with Paris Hilton Limited Edition Watches.
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