Nova LifeStyle Announces Partnership With Future World Lifestyle
02 Dezember 2016 - 1:45PM
Nova LifeStyle, Inc. (NASDAQ:NVFY) (“Nova
LifeStyle” or the “Company”), a U.S.-based, leading innovative
designer, manufacturer and distributor of modern lifestyle
furniture, today announced the Company has continued to expand its
e-commerce presence by partnering with Future World LifeStyle,
which will feature Diamond Sofa Smart Furniture on its
www.weilai178.com website. Future World Lifestyle offers its
3 million plus members a reward redemption program that can be used
for products listed on the site.
Tawny Lam, President and Interim CEO of Nova
LifeStyle stated, “Our partnership with Future World Lifestyle
demonstrates continued success in expanding our presence in the
e-commerce marketplace. By partnering with a platform such as
this, we gain access to over 3 million potential customers,
allowing us to significantly leverage our exposure and marketing as
we position the Company for continue revenue growth."
Today’s arrangement with Future World Lifestyle
also marks a significant milestone for Diamond Sofa’s line of Smart
Furniture. Originally introduced in April of 2015, Diamond
Sofa Smart Furniture offers consumers a superior line of products,
led by its Smart Health Bed, which marry cutting-edge technology
with traditional home furnishings. By adding capabilities to
monitor, record and deliver data, the Smart Health Bed provides
medical care providers a way to improve patient care. As a
featured product on the Future World Lifestyle website, Nova
LifeStyle anticipates its marketing efforts to be significantly
enhanced.
About Future World Lifestyle –
Future World Lifestyle is a Hong Kong-based company which operates
an e-commerce site, www.weilai178.com, which allows over 3
million customers to shop for a wide range of products using both
standard currency as well as reward points.
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. In November 2016,
Nova Lifestyle announced entry into asset-light e-commerce and
service related businesses. To learn more about Nova LifeStyle,
Inc., please visit our website
at www.NovaLifeStyle.com
Safe Harbor StatementAll
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.
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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