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Nova LifeStyle Signs New Product Supply Contracts with MGM Resorts International & Others in Las Vegas

LOS ANGELES, Dec. 18, 2017 (GLOBE NEWSWIRE) -- 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 Market
The 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 LifeStyle
Nova 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 Statement
All 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.

/EIN News/ -- Company Contact:
Investor Relations:
The Equity Group Inc.
In U.S.
Adam Prior, Senior Vice President
+1 (212) 836-9606
aprior@equityny.com

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Distribution channels: Furniture & Woodworking Industry