Nova LifeStyle Promotes Modern LifeStyle Products and Brand at Nebraska Furniture Mart During Annual Berkshire Hathaway Share...
16 Mai 2017 - 1:45PM
Nova LifeStyle, Inc. (NASDAQ:NVFY) or (the
“Company”), a U.S. based innovative provider of modern LifeStyle
products and services, announced today that Tawny Lam, the
Company’s Chief Executive Officer, was invited to attend the
Berkshire Hathaway Shareholder Meeting in Omaha, Nebraska to
increase exposure to the Nova LifeStyle brand.
Photos accompanying this announcement are available
at
http://www.globenewswire.com/NewsRoom/AttachmentNg/5e76296b-75de-4bb8-a93f-3c598b8d1a6a
http://www.globenewswire.com/NewsRoom/AttachmentNg/45d91a9f-a4a9-49b2-929a-4b460d2f7369
http://www.globenewswire.com/NewsRoom/AttachmentNg/2be429dd-a145-4ff5-81be-81037496f095
The Company has been successfully building its
brand recognition in the United States, with its “Diamond Sofa”
brand having grown since its introduction in 1992 and is currently
carried by many of the top 100 furniture companies.
Nova LifeStyle has had an ongoing relationship with
Nebraska Furniture Mart since 2014, when an initial purchase order
was placed for Nova LifeStyle furniture. Nebraska Furniture
Mart, a Berkshire Hathaway Inc. subsidiary founded in 1937, is the
largest home furnishing store in North America, selling furniture,
flooring, appliances and electronics.
This relationship has consistently grown, resulting
in Ms. Lam being invited to Berkshire Hathaway’s Annual Shareholder
Meeting in Omaha, Nebraska.
Management CommentaryMs. Lam
commented, “This invitation by Nebraska Furniture Mart is one more
step forward in our strategy to further increase sales in North
America by expanding business relationships. We have
continued to receive multiple orders as we have expanded our
relationship with Nebraska Furniture Mart and furthermore, being in
the same room as such well-respected investors and entrepreneurs
such as Warren Buffett and Bill Gates is a huge step in Nova
LifeStyle attempting to increase its exposure in the United
States.”
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 transaction platform that offers a large variety
of products and services to millions of customers worldwide. Visit
Nova's website: 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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