Abazias.com Announces Record Third Quarter and Year to Date Earnings; Pioneering Diamond Company Increases Quarterly Sales 73% and Year to Date Sales up 32%.

GAINESVILLE, Fla. -- Abazias.com (OTCBB:ABZS) is pleased to announce a record third quarter for the period ending September 30, 2004. A leading online diamond company, Abazias.com has increased their third quarter revenues by 73%, over the same quarter from 2003.

Abazias.com proudly reports third quarter sales at record levels of $616,819, with the company's net loss at a minimal $16,710 for the three month period. In addition, Abazias.com's year to date sales are up 32% from 2003. For a more thorough review and further information regarding the results, please review the most recent Quarterly Report filing available online through EDGAR.

"Our statistics show our sales are 73% higher as compared to the same quarter in 2003. We have strategically marketed ourselves with high profile media via ongoing promotions, including Shop Etc. and The Price is Right, and revamped our website, which has led to an increase in investors and sales," stated Oscar Rodriguez, CEO of Abazias.com. "We are confident that Abazias.com will continue to grow, and have significant fourth quarter revenues."

Additionally, Abazias.com unveiled an improved website on October 30, 2004. The enhanced website includes even more diamonds than before, reduced rates and additional information on each product, ensuring complete customer satisfaction and increased sales. Abazias.com has also increased their inventory of the exclusive Couples Diamond(R), a certified super ideal cut hearts and arrows diamond, cut to perfection, with the highest grading of polish and symmetry.

Abazias.com features one of the largest certified loose diamond databases in existence, with a database of over 60,000 diamonds, valued at over $350 million. All Abazias.com 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, visit www.abazias.com or call 800-603-9940.

This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future sales, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.