Article: Abazias, Inc. Enters into Purchase Agreement to Sell Assets to OmniReliant Holdings.

GAINESVILLE, Fla. -- On December 3, 2008, Abazias, Inc. ("Abazias") (OTCBB: ABZA), a Delaware corporation, and Abazias.com, Inc., ("Abazias Sub"), a Nevada corporation and wholly owned subsidiary of Abazias, entered into a securities purchase agreement (the "Purchase Agreement") with OmniReliant Holdings, Inc. ("OmniReliant") (OTCBB: ORHI) pursuant to which OmniReliant purchased substantially all of the assets of Abazias Sub for an aggregate purchase price of: (i) a loan in the amount of Five Hundred Thousand Dollars ($500,000) (the "Loan") and; (ii) the issuance of up to thirteen million one thousand (13,001,000) shares of the Company's zero coupon convertible preferred ...

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