LOS ANGELES - Nova LifeStyle, Inc. (NASDAQ-GM: NVFY), a U.S.-based fast growing, innovative designer, manufacturer and distributor of modern LifeStyle furniture, today announced new purchase orders from Nebraska Furniture Mart, an Omaha-based subsidiary of Berkshire Hathaway Inc., for their Grandscape project in Dallas, Texas.

"These purchase orders are the latest in a series of recently announced business developments and we are delighted with the momentum we are seeing as we continue to supply our established customers and gain new market share," commented Jeffrey Wong, CEO, Co-Founder of Nova LifeStyle, Inc., "We are very pleased to be delivering our state-of-the-art modern LifeStyle furniture to Nebraska Furniture Mart stores across the country, including to their newest store in The Colony, Texas."

Nebraska Furniture Mart, a Berkshire Hathaway Inc. subsidiary founded in 1937, is the largest home furnishing store in North America, selling furniture, flooring, appliances and electronics. The Nebraska Furniture Mart of Texas is their third and largest store located in The Colony of Dallas-Fort Worth, Texas.

"Generating orders from the largest home furnishing store in North America is a testament to the quality of our product and our growing reputation within the U.S. market," stated Tawny Lam, President of Nova LifeStyle, Inc. "This, alongside the recently announced progress in our China business, is indicative of our commitment to developing world class brands and taking market share globally."

About Nova LifeStyle, Inc.

Nova LifeStyle, Inc., a NASDAQ Global Markets Exchange listed company headquartered in California, is a fast growing, innovative designer, manufacturer 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 and include LifeStyle brands such as Diamond Sofa, Colorful World, Giorgio Mobili, Nova QwiK, and Bright Swallow International. Nova's products feature urban contemporary styles that integrate comfort and functionality incorporating upscale luxury designs appealing to LifeStyle-conscious middle and upper middle-income consumers in the U.S., China, Europe, and elsewhere in the world. To learn more about Nova LifeStyle, Inc., please visit our website at www.NovaLifeStyle.com.

 

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