Nova LifeStyle Announces Record Paying Sign-Ups Completed Training on the Company’s Blockchain-Based Site Nova-Mart
23 Februar 2017 - 1:45PM
Nova LifeStyle,
Inc. (NASDAQ:NVFY) or (the “Company”), a
U.S. based fast-growing, innovative provider of modern lifestyle
products and services today announced that during the month of
February, over 1,000 customers and student members have paid for
and completed training on the Company’s site, "Nova- Mart,"
(www.nova-mart.com) an online transactional platform for
consumers and merchants to offer products and business services
worldwide based on Blockchain technology.
The Company anticipates paid business services
and training to be a significant source of revenue and net income
for Nova in the future. As previously announced, Nova is in
discussion to acquire a two-million-member customer database from a
highly profitable e-commerce website, which could also help the
Company gain additional paid sign-ups.
Tawny Lam, President and Interim CEO of Nova
LifeStyle commented, “We have seen a tremendous response rate on
our recently-formed Blockchain technology-based site Nova-Mart, as
customers and student members continue to sign up for training. We
anticipate this trend to continue if we can successfully complete
the purchase of the database from weilai178.com as planned."
NVFY's Future Tech Business School in Hong Kong
is now fully operational and offers professional network training
courses of Crypto-Assets Blockchain Adoption Application to a
growing list of existing and new paying customers and student
members. The Company has a goal of registering more than 5,000
members per month for its business training platform in the
future.
About Nova LifeStyleNova
LifeStyle, Inc., a NASDAQ Global Market 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 LifeStyle also owns
and operates Nova-Mart, www.nova-mart.com, a Blockchain technology
based e-commerce platform that offers a large variety of products
and services to millions of customers worldwide. Visit Nova's
website: 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.
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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