Abazias.com Announces 10K Filing and Gross Profit Increase of 56%.

GAINESVILLE, Fla. -- Abazias.com (OTCBB:ABZS) enjoyed record sales of $3,057,657 million in 2005 with an approximate 48% increase in sales from 2004. Gross profit increased 57%, combined with positive stockholder equity and solid cash balances of $295,000 for the year, showing a significantly improved financial position compared to 2004. Further, Abazias reports a 57% decrease in operational losses at just $434,905, primarily due to reduction in stock issued to management and various consultants. Additionally, the loss on a cash basis for the year was just $122,055.

"We have spent the last year strategically marketing our company through an extensive internal search engine optimization campaign," states Oscar Rodriguez, CEO. "In addition we have enhanced our website, added a new non-engagement line of jewelry and had alignment with important celebrity brands like the Paris Hilton Limited Edition watches -- all while still committed to our low burn rate. The sky is the limit in 2006," Rodriguez continues.

Plans for 2005 include aggressive investor relations through professional associations including SmallCapVoice.com, consumer public relations and strategic marketing alliances including a current promotion with The Price is Right. The next step for Abazias will be the addition of the ready-to-wear Paris Hilton watch line, expected to debut next month.

An innovator, Abazias has been a part of the online diamond industry as a public company since October 2003, setting the pace for larger entities such as Blue Nile. To further review Abazias.com's performance, please refer to the 10K-SB which is available online.

Abazias.com showcases over 70,000 diamonds, valued at over $350 million on its site at www.abazias.com. Most of Abazias.com's diamonds are GIA, AGS or EGL certified. Abazias.com offers the "Couples Diamond(R)" which is required to meet even higher standards for cut, clarity and dimensions. Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. For more information about Abazias.com, visit the Company's website at www.abazias.com.

This press release may contain statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.