Novoi, Inc. (NOVO.OB) Announces a 53% Growth in Revenues
In the quarter ending February 28, 2007, revenues grew 53% as compared to the same quarter last year. The increased consumer awareness of the company and its website is attributed to the large increase. Harold Schaffrick, President & CEO of Novori, stated, “We are pleased with the growth in sales. It is interesting to note that this increase has come about without any significant extra marketing expenditure. I am confident that with planned marketing initiatives, we will grow revenues at an even greater pace. It’s also nice to know we're growing sales at a faster rate than our competitors." The…