Novori, Inc. (NOVO) The Effective Date of Reverse Split and Authorized Capital Increase

BELLINGHAM, WA, Nov. 25  /PRNewswire-FirstCall/ -- Novori Inc. (OTC BB: NOVO.OB - News), an online interactive retailer of fine diamond engagement rings and jewelry, announces that it intends to file a Certificate of Amendment of its Certificate of Incorporation with the Delaware Secretary of State on December 1, 2008. The Certificate of Amendment is being filed pursuant to an amendment to Novori's Articles increasing the authorized capital from 150,000,000 to 170,000,000 shares and effecting a reverse split of Novori's common stock at a ratio of one share for every twenty existing shares of Novori's issued and outstanding common stock. Novori anticipates that the market effective date for the reverse split and the increase in the authorized capital will be the 3rd or 4th of December, 2008.

About Novori Inc.: Founded in 2004, Novori is an online interactive retailer of diamond engagement rings and fine jewelry. Launched in 2005, http://www.novori.com/ provides consumers with superior customer service and a better way to buy diamond jewelry. The Company offers thousands of independently certified diamonds, settings and fine jewelry at prices below those offered by traditional retail companies.

Forward-Looking Statements:

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements. 

DATASOURCE: Novori Inc.



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