ABZS - Abazias Completes Expansion of Online Offerings

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Abazias Completes Expansion of Online Offerings
Monday March 20, 9:03 am ET
Expansion Offers Several Hundred New and Affordable 'Non-Engagement' Selections

GAINESVILLE, Fla.--(BUSINESS WIRE)--March 20, 2006--Abazias Diamonds (OTCBB:ABZS - News) has completed the expansion of their online offerings with a new line of affordable, non-engagement jewelry. The new line features something for everyone with diamond stud earrings starting at just $100 a pair to $2,000.

"Abazias has had increasingly successful sales figures over the past year," states Oscar Rodriguez, CEO. "That financial success has allowed us to expand into what we feel is an area ripe with possibility. It is a win-win situation as fashion jewelry carries the additional advantage of having higher margin on average than our diamonds, and we are broadening our customer base."
The next step for the new line will be the addition of the ready-to-wear Paris Hilton watch line, expected to debut next month. In addition, the new line will also reach a previously untouched demographic, the young male shopper. Abazias' previous online offerings were restricted to engagement and wedding rings with a small sampling of women's jewelry. The new line includes jewelry designed for men.
Abazias.com showcases over 70,000 diamonds, valued at over $350 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®" 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.

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Source: Abazias