Nova Lifestyle Wins Outstanding Import & Export Enterprise Award Following Successful Presentation at China International Fur...
29 September 2015 - 2:30PM
Nova LifeStyle, Inc. (NASDAQ:NVFY)
("Nova
LifeStyle" or the "Company"), a U.S.-based, innovative
designer, manufacturer and distributor of modern LifeStyle
furniture, today announced it has won the Outstanding Import &
Export Enterprise Award from The Hong Kong Chinese Importers' &
Exporters' Association ("HKCIEA" or the "Association") on September
14, 2015 following the Company's participation at The 36th Edition
of the China International Furniture Fair (Shanghai), from
September 8-12, 2015.
Photos accompanying this release are available at
http://www.globenewswire.com/newsroom/prs/?pkgid=36475
http://www.globenewswire.com/newsroom/prs/?pkgid=36476
http://www.globenewswire.com/newsroom/prs/?pkgid=36478
Ms. Tawny Lam, Nova LifeStyle's President and Chairperson of the
Board of Directors, stated, "We were honored to receive the
Outstanding Import & Export Enterprise Award, which serves as
an affirmation of our leading market position in China as a
trendsetter in the home furnishing industry. We also achieved
strong customer expansion through our participation in the 36th
Edition of the China International Furniture Fair (Shanghai), and
Nova LifeStyle has been presented every year since 2005. The
Company's existing customers, including Home Centre in the Middle
East and Nitori in Japan, selected a number of our modern living
room solutions for development. In addition, we successfully
expanded our customer base into new geographic territories,
including orders from a large retail chain in South
America. Overall, we believe that the growing global
recognition of our brand is driving accelerated sales that we
anticipate will materialize in late 2015 and throughout 2016."
According to HKCIEA, the Outstanding Import & Export
Enterprise Award is a tribute to contributions made by companies
that support the business operation and development of the import
and export industry, and the Association aims to publicly
acknowledge enterprises for support to the industry.
The 36th Edition of the China International Furniture Fair
(Shanghai) was held in the National Exhibition and Convention
Center in Shanghai from September 8-12, 2015, and more than 1,300
companies presented from more than 190 countries.
For more information regarding the 36th Edition of the China
International Furniture Fair (Shanghai), please visit:
http://www.ciff-sh.com/en/ciffsh/index.html
About The Hong Kong Chinese Importers' & Exporters'
Association
The Hong Kong Chinese Importers' & Exporters' Association
was founded by a patriotic business community in 1954. Since its
founding HKCIEA has been committed to facilitating trade exchanges
between its members and the Mainland, and has been gradually
developing into a platform for its members to express opinions,
collect various political and financial information so as to give
back to society and to strengthen liaison with each other. HKCIEA
is the bridge between the government and business sectors,
releasing policy information to its members on the on hand, while
conveying their views to relevant government departments on the
other. HKCIEA makes every effort to assist the industry in
understanding the change of government policies and the business
environment, providing a reference for the development of
enterprises. For more information regarding HKCIEA, please visit
http://www.hkciea.org.hk/
About Nova LifeStyle
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
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.
CONTACT: Company Contact:
Investor Relations
The Equity Group Inc.
In U.S.
Adam Prior, Senior Vice President
+1 (212) 836-9606
aprior@equityny.com
In China
Katherine Yao, Senior Associate
+86-10-6587-6435
kyao@equityny.com
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