Nova LifeStyle Signs New Product Supply Contracts with MGM Resorts International & Others in Las Vegas
December 18 2017 - 7:45AM
Nova LifeStyle, Inc. (NASDAQ:NVFY)
("Nova
LifeStyle" or the "Company"), a leading U.S.-based,
innovative designer and distributor of modern LifeStyle furniture,
today announced that the Company has signed initial product supply
contracts to provide MGM Resorts International (NYSE:MGM), The
Cosmopolitan Hotel and The Bellagio Hotel with Nova-designed and
produced “Hollywood Glam Collection” line of furniture products.
“Nova’s new ‘Hollywood Glam Collection’ product
line has garnered significant orders from a client base that
includes MGM Resorts International, The Cosmopolitan Hotel and The
Bellagio Hotel in Las Vegas,” said Ms. Tawny Lam, CEO of Nova
LifeStyle.
Ms. Lam continued, “Nova LifeStyle’s “Hollywood
Glam Collection” is a tribute to the classic glamour and elegance
that recalls the Golden Era of Hollywood. The Company has received
considerable interest in this new product category. Customers are
particularly drawn to the lush interplay of deep jewel tone
velvets, rich woven fabrics, delicate tailoring and injections of
gold and polished framing.”
Nova LifeStyle to Debut New Products at
the Winter Las Vegas Market Furniture Show
Nova LifeStyle will showcase its new “Hollywood
Glam Collection” at the Winter Las Vegas Market furniture show from
January 28th to February 1st, 2018.
The Las Vegas Market is held twice a year,
displaying the latest styles and trends in home furnishings, décor,
and gifts. Historically, Nova has had great successes at showcasing
the Company’s new product offering and receiving large orders.
The Winter Las Vegas MarketThe
Winter Las Vegas Market event:
http://www.lasvegasmarket.com/. Nova LifeStyle’s showroom
(under its Diamond Sofa brand) will be located in Building B; 7th
Floor; Booth number B-746. Any interested parties in
arranging a private meeting with management can contact Charles
Song, Director of Marketing, at marketing@diamondsofa.com.
Investors or analysts can contact Adam Prior at
aprior@equityny.com. The Company will be posting pictures of
the showroom and event on its website at
www.NovaLifeStyle.com.
About Nova LifeStyleNova
LifeStyle, Inc., a NASDAQ Global Market listed company
headquartered in California, is a fast growing, innovative designer
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 that include
LifeStyle brands such as Diamond Sofa, Nova QwiK, and Bright
Swallow International. Nova's products feature urban contemporary
styles that integrate comfort and functionality, incorporating
upscale luxury designs appeals to middle and upper middle-income
consumers in the U.S., China, Europe, and elsewhere in the world.
Visit Nova LifeStyle’s 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)
836-9606aprior@equityny.com
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