LOS ANGELES, April 9, 2015 /PRNewswire/ -- Nova
LifeStyle, Inc. (Nasdaq: NVFY), a U.S.-based fast growing,
innovative designer, manufacturer and distributor of modern
LifeStyle furniture, today announced new purchase orders from
CORT Furniture Rental, a subsidiary of Berkshire Hathaway Inc.
CORT is the latest addition for Nova LifeStyle's ongoing
relationship with Berkshire Hathaway Inc.'s other three furniture
divisions, namely Nebraska Furniture Mart, Homemakers and RC
Willey.
"This new round of purchase orders from CORT Furniture Rental is
crucial in our strategy to further increase sales in North America through expanding existing
business relationships," stated Tawny
Lam, President of Nova LifeStyle. "Furthermore, supplying
furniture to CORT, which is set to be one of the largest furniture
rental companies in the world to date, is a great opportunity for
Nova LifeStyle to extend our footprint into new territories. We are
pleased with the continued growth that we are seeing in
North America that's in line with
our growth initiatives."
As an important partner of four of Berkshire Hathaway Company's
furniture divisions, Nova has taken another step in securing market
share both in North America and
worldwide.
For more information on Nova LifeStyle products and brands
please visit: http://www.novalifestyle.com/index.php
About Nova LifeStyle, Inc.
Nova LifeStyle, Inc., a NASDAQ Global Markets Exchange listed
company headquartered in California, is a fast growing, innovative
designer, manufacturer and distributor of modern LifeStyle
furniture; primarily sofas, dining rooms, cabinets, office
furniture and related components, bedrooms, and various accessories
in matching collections. Nova's products are made in the US,
Europe, and Asia and include LifeStyle brands such as
Diamond Sofa, Colorful World, Giorgio
Mobili, Nova QwiK, and Bright
Swallow International. Nova's products feature urban contemporary
styles that integrate comfort and functionality incorporating
upscale luxury designs appealing to LifeStyle-conscious middle and
upper middle-income consumers in the U.S., China, Europe, and elsewhere in the world. To learn
more about Nova LifeStyle, Inc., please visit our website at
www.NovaLifeStyle.com or download the NVFY IRapp from the investor
page.
Safe Harbor Statement
All statements in this press release that are not historical are
forward-looking statements made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
There can be no assurance that actual results will not differ from
the company's expectations. You are cautioned not to place undue
reliance on any forward-looking statements in this press release as
they reflect Nova's current expectations with respect to future
events and are subject to risks and uncertainties that may cause
actual results to differ materially from those contemplated.
Potential risks and uncertainties include, but are not limited to,
the risks described in Nova's filings with the Securities and
Exchange Commission.
Investor Contact:
KCSA Strategic Communication
Julie Silber
Tel: (310) 766-9760
jsilber@kcsa.com
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SOURCE Nova LifeStyle, Inc.