LJ International To Exhibit at Orogemma 2005
August 30 2005 - 3:00PM
PR Newswire (US)
Jewelry Company, Fresh from Record JCK Las Vegas Order Bookings,
Plans to Launch Latest Gold Lines at Major Italy Show in September
HONG KONG and LOS ANGELES, Aug. 30 /Xinhua-PRNewswire/ -- LJ
International, Inc. (LJI) (NASDAQ:JADE), one of the fastest-growing
jewelry companies in the world, today announced that it will
exhibit at Orogemma 2005 in Vicenza, Italy, September 10-15, 2005.
Orogemma is one of the leading trade shows of the global jewelry
market, with more than 1,700 exhibitors expected. Jewelry buyers
and sellers regard it as a key event kicking off the pre-holiday
sales season, the highest-volume period of the year. LJI's
appearance at Orogemma comes three months after the Company had its
best performance ever at the JCK Show in Las Vegas, June 3-7, 2005.
It booked approximately $20 million in new orders, more than 20%
above its sales volume at the 2004 JCK show and about 33% above its
2003 total. "As our results at the latest JCK show demonstrated,
trade shows are becoming an increasingly strong venue for launching
our latest jewelry lines as well as increased exposure within the
industry for LJI," said Yu Chuan Yih, Chairman and CEO of LJ
International. "The Orogemma show not only brings buyers from
around the world but also allows those buyers to have a sneak-peek
at the specific jewelry lines that they believe will appeal to
consumers in the all-important holiday season. We expect a
continuation of the strongly positive reception to our product
lines, coupled with the heightened demand that is to be expected
this time of year." About Orogemma 2005 Now in its 28th year,
Vicenza's Orogemma is considered an essential stop for buyers and
sellers as jewelry retailers begin stocking up for the busiest
sales season of the year, the months leading up to Christmas. This
year, the show will feature 1,706 exhibitors, including 1,366 from
Italy and 340 from 25 other countries. Also scheduled is a major
exhibit on jewelry trends, centered on the "Shapes of Jewelry --
Visions" pavilion. Merchandise categories include machined and
hand-crafted gold jewelry, platinum jewelry, silverware, costume
jewelry, watches, precious and semi-precious stones, natural and
cultivated pearls, corals and cameos, seals, plaques and
semi-finished goods. About LJ International LJ International, Inc.
(LJI) is a publicly-owned company, based in Hong Kong and the U.S.,
engaged in designing, branding, marketing and distributing a full
range of jewelry. It has built its global business, currently one
of the fastest-growing in the jewelry industry, on a vertical
integration strategy and an unwavering commitment to quality and
service. LJI distributes to fine jewelers, department stores,
national jewelry chains and electronic and specialty retailers
throughout North America and Western Europe, with a growing retail
presence in China through its ENZO stores and e-shopping sites. Its
product lines incorporate all major categories sought by
large-scale retailers, including earrings, necklaces, pendants,
rings and bracelets. It trades on the Nasdaq National Market under
the symbol JADE. For more information on LJI, go to its Web Site at
http://www.ljintl.com/ . If you would like to be added to LJI's
investor email lists please contact Haris Tajyar with Investor
Relations International at . Forward looking statement: Except for
the historical information, the matters discussed in this news
release may contain forward-looking statements, including, but not
limited to, factors relating to future sales. These forward-looking
statements may involve a number of risks and uncertainties. Actual
results may vary significantly based on a number of factors,
including, but not limited to, uncertainties in product demand, the
impact of competitive products and pricing, changing economic
conditions around the world, release and sales of new products and
other risk factors detailed in the company's most recent annual
report and other filings with the Securities and Exchange
Commission. For further information: AT LJI: AT INVESTOR RELATIONS
INTL: Betty Ho Haris Tajyar Vice President, Corporate Development
Managing Partner Ph: 011-852-2170-0001 Ph: 818-382-9702 DATASOURCE:
LJ International, Inc. CONTACT: Betty Ho, Vice President, Corporate
Development of LJI, +011-852-2170-0001, or ; Haris Tajyar, Managing
Partner of INVESTOR RELATIONS INTL, +1-818-382-9702, or Web site:
http://www.ljintl.com/
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