Novori Inc. (NOVO.OB) reports that revenues for the quarter ending February 28, 2007 were up 53% as compared to same quarter in the previous year.
The Company attributes the 53% growth in revenues to increased consumer awareness of Novori and to the Company’s (www.novori.com) website consistently ranking high on the search engines.
Harold Schaffrick, President & CEO said, “We are pleased with the growth in sales. It is interesting to note that this increase has come about without any significant extra marketing expenditure. I am confident that with planned marketing initiatives, we will grow revenues at an even greater pace. Its also nice to know we’re growing sales at a faster rate than our competitors.”
Novori is well positioned to become a leading player in the emerging marketplace of online diamond engagement ring sales as larger numbers of Internet-savvy consumers embrace the “no-pressure” online shopping experience.
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