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New York, May 14th, 2008 - MySolitaire 1st Quarter sales revenue grows 220 percent, with a 30 percent raise in Average Order Value

Released on: May 22, 2008, 12:50 am

Press Release Author: MySolitaire.com

Industry: Apparel & Fashion

Press Release Summary: The online jewelry leader, MySolitaire, announced today their
first quarter 2008 sales revenue growth of 220%. The last three months has also
witnessed a rise of almost 30% in the average sales order value. The founders say
it's the unique selection of products and significantly lower product pricing that
keeps them going strong.

Press Release Body: The online jewelry leader, MySolitaire, announced today their
first quarter 2008 sales revenue growth of 220% over the first quarter 2007. Sailing
smooth and steady, they reported consistent growth and a raise of 30% in average
order value.

"The sales revenue growth has cautiously met out expectations, despite the
restrained consumer demand. Our average order value showed a rise of 30% over the
last years first quarter", stated Ashish Jhalani, the CEO and co-founder. "We need
to increase and maintain the pace of our growth; we believe our devotion to complete
customer satisfaction at a better value will keep us steady even in these unstable
market conditions", discussed Ashish.

"We are pleased with our sales growth; in fact our average order value has increased
by 30%, contradicting the prediction of a fall in the high end orders. Our revenue
margins continue to show a consistent growth due to our unique product selection",
declared Amit Jhalani, VP and co-founder. The founders elaborated that in the
current market scenario their focus would be to give their customers better value
for their money.

MySolitaire is known to sell jewelry at a significantly lower price than the
traditional retailers; the reason why they continue to grow even in the unstable
market conditions. Moreover, with their new feature -Design Your Own Jewelry - they
seem to go strong in the next quarter as well.


Web Site: http://www.mysolitaire.com/

Contact Details: My Solitaire, 7 West, 45th Street #1605, New York, NY. 10036
Toll Free Tel: 866-697-6548 Fax: 212-840-5909
Email: pressrelease@mysolitaire.com

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