LOS ANGELES, June 21, 2021 (GLOBE NEWSWIRE) – Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) is pleased to announce that Diamond Sofa, a wholly owned subsidiary of Company, successfully exhibited a new design line at the High Point Market furniture fair on June 5e to 9e.

Tawny Lam, President and CEO of Nova LifeStyle, said, “The event is always a special place for our business to showcase our product lines and interact with buyers around the world. We have been very active in our sales and marketing strategy throughout the pandemic and have spoken and met with current and potential loyal customers like Nebraska Furniture Mart, Regency Furniture, El Dorado Furniture and Slumberland to name a few. -a. I am very pleased with our overall strategy of a few years ago which has led us to move to higher margin products and our continued build up of inventory, which allows us to be able to fulfill orders in a timely manner and to stay competitive even with the huge delay in shipping and increasing shipping costs due to the COVID-19 pandemic.

The High Point Market (formerly the International Home Furnishings Market and the Southern Furniture Market), held in High Point, North Carolina, is the largest furniture industry show in the world, with over 10 million square feet by approximately 2,000 exhibitors across approximately 180 buildings.

The photos accompanying this announcement are available on:

https://www.globenewswire.com/NewsRoom/AttachmentNg/f894797a-e7a4-41d6-a36d-b55397ee553e

https://www.globenewswire.com/NewsRoom/AttachmentNg/03f06325-c446-4df6-b7a6-6d703954d512

About Nova LifeStyle

Nova LifeStyle, Inc. is an innovative and established designer and distributor of modern lifestyle furniture; mainly sofas, dining room furniture, wardrobes, office furniture and related components, bedroom furniture and various accessories, in assorted collections. Nova LifeStyle’s product lines include the Nova and Diamond Sofa brands (www.diamondsofa.com). Nova’s products feature contemporary urban styles that integrate comfort and functionality, incorporating high-end luxury designs that appeal to middle and upper income consumers in the United States, China, Europe and around the world. Visit the Nova LifeStyle website at www.NovaLifeStyle.com.

Forward-looking statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, our ability to fully resume our operations and remain in good financial health, our expected future growth prospects. All statements other than statements of historical fact are, or may be considered, forward-looking statements. In some cases, forward-looking statements may be identified by the use of forward-looking terms such as “anticipate”, “estimate”, “believe”, “continue”, “could”, “intend”, “may”, “Plan”, “potential”, “predict”, “should”, “will”, “expect”, “objective”, “projection”, “forecast”, “goal”, “direction”, “outlook” , “Effort,” target “,” trajectory “,” focus “,” work for “,” attempt “,” continue “or the negative of these or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyzes that we have made in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors that we deem appropriate in the circumstances. .

Contact Investor Relations

Andrew Barwicki
516-662-9461
[email protected]
[email protected]



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