com, a
first-of-its -kind Website offering a distinctive collection of authentic
contemporary Asian art and distinctive Asian decor, today launched world-wide
sales.com will
make a donation to the Thai Red Cross equal to five percent of our first
quarter sales. "I want
to give consumers a unique opportunity to peruse contemporary and distinctive
home accents directly from Asia, and to make these creations available to
discerning consumers through a convenient and reliable online gallery.
He was convinced that many consumers may not have previously considered
experimenting with tasteful and distinctive Asian touches, but once exposed to
the idea, they would quickly see how the right Asian creations can enhance
almost any contemporary decor.
The prices of products start at $45 U .4 percent from
the same month a year ago.
The National Association of Realtors(R), "The Voice for Real
Estate," is America's largest trade association, representing more
than 1 million members involved in all aspects of the residential and
commercial real estate industries.

(a) The annual rate for a particular month represents what the
total number of actual sales for a year would be if the relative pace
for that month were maintained for 12 consecutive months.

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) was founded by Damien Mr.com ).
NAR President Al Mansell, CEO of Coldwell Banker Residential
Brokerage in Salt Lake City, said home prices have accelerated.0
percent from the same month a year ago.

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After an Initial Delay Due to the Devastating Earthquake and Tsunamis,
asiannouveau.com Moves Forward With International Marketing Launch Pledging to
Donate Five Percent of First Quarter Sales to the Thai Red Cross

BANGKOK, Thailand, asiannouveau. and Europe. Using asiannouveau. Central Time. "When we look at recent job gains, we see all the
positive factors coming together to coincide with a powerful
demographic demand for housing.

In the sub-categories, you'll find personal pages for hobbyist and professional crocheters, along with information on charity projects , guilds and organizations, and other crochet resources.

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S. For those who cannot listen to the
live broadcast, a replay will be available for 30 days after the date of the
event. is the world's largest specialty retailer of arts,
crafts, framing, floral, wall decor, and seasonal merchandise for the hobbyist
and do-it-yourself home decorator.
This press release is also available on the Michaels Stores, Inc.

Existing-Home Sales Rise to Record in April - NAR

79
million-unit pace in April 2004 ."
The national median existing-home price for all housing types was
$206,000 in April, up 15. The median single-family
home price was $203,800 in April, up 15.
Total existing-home sales in the Midwest rose 5. Seasonally
adjusted annual rates are used in reporting monthly data to factor out
seasonal variations in resale activity. Census Bureau's series on new single-family home
sales , which are based on contracts or the acceptance of a deposit.realtor.

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Pfirsch had an extensive career
as an inbound travel agency managing director in Thailand and surrounding
countries.

As of May 16, 2005, the Company owns and
operates 859 Michaels stores in 48 states and Canada, 165 Aaron Brothers
stores, 9 Recollections stores, and 4 Star Wholesale operations. "Although housing supplies rose last month, it wasn't enough to
take pressure off of prices gains, which are the strongest we've seen
in nearly 25 years.0 percent higher
than April 2004. This
differs from the U.
Existing -home sales for May will be released June 23. Statistical data, charts and surveys
also may be found in the NAR Media Center by clicking on Economic +
Housing Statistics.

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(Photo: http://www . We feel this is an important decision which will allow our
company, and our new customers, an opportunity to help those who are in need.
Mr."
He added, "It is important to note, the design creations found on
asiannouveau.
"The asiannouveau. Pfirsch,
32, a French-born home decor connoisseur and expert on Asian art and culture. IRVING, Texas, Michaels Stores, Inc.02 million in June 2004 .

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The unique collection includes more than
350 creations, ranging from abstract and figurative paintings to colorful and
functional home decor creations and accents which will appeal to home decor
aficionados in the United States, Europe and around the world. April sales were 5. Last
month's sales activity was 10.0 percent
from March to a record annual rate of 2.20 million units in April, and were 7.1
percent above the level of a year ago.

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newscom.
"Creating asiannouveau.com are of a quality and uniqueness that would be difficult to
find in the U.87 million in March.0 percent at the end of
April to 2.01
million in March.8 percent to a seasonally adjusted annual rate of
899,000 units in April from a level of 858,000 units in March. The median price of an
existing home in the South was $176,000, which was 8.

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"
asiannouveau.com showcases the latest creations from Asian contemporary
artists and designers. Pfirsch is providing
exposure and marketing opportunities that were previously unavailable to his
creative partners located throughout Southeast Asia.michaels .
Regionally, the home resale pace in the South jumped 7. The median existing-home price in the West was $305,000, up 21.

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com as an online
gallery accessible to anyone with Internet access, Mr.com is the only online gallery to offer a broad array of
contemporary Asian art creations -- a "fusion" of contemporary Asian art and
imagery. Pfirsch
envisions the online gallery will be dynamic and constantly evolving with new
artists and their works being added on a continuous basis.
Currently , visitors will find Abstract and figurative paintings by young,
emerging artists, as well as some of South East Asia's most famous artists.28 million from a level of 6.S.

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com buys directly from Asian
artists at more reasonable prices.com (asian nouveau ltd.
Mr. Pfirsch's vision for asiannouveau .com/newsdesk_index.michaels.

"A new record is a bit unexpected, but so is
the performance of mortgage interest rates which have been lower than
forecast," he said. The last time prices
rose at a stronger pace was in November 1980 when the median price
rose 15.
Total housing inventory levels rose 5.48 million existing homes available for sale, which
represents a 4.5 percent in April to a record
seasonally adjusted annual rate of 6.5
percent of market activity. The median price in the Midwest was $166,000, up
12.

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The unique online gallery offers consumers inspirational home decor
ideas and stylish accents created by famous and emerging artists, designers
and creators of crafts located throughout Thailand and neighboring Asian
countries. This is one of the many value -added
benefits that we offer consumers who may be weary of the authenticity of the
art they are buying and they have our assurance that our prices are fair to
the artist and the consumer, alike .
He also found that his marketing expertise filled an important role in helping
Asian artists , designers and craftsmen. We
anticipate that we will expand the number of items available on the Website by
as much as 200 percent within the next year. Pfirsch's intention is to create a gateway for artists,
designers and craftsmen to showcase their creations free of charge, and to
give consumers a venue through which they can gain access to these designs via
a reliable and responsible e-commerce Website. for many home decor items, and
range as high as $4,000 for paintings by famous artists.

1 percent from April 2004 when the median
price was $179,000.64 million in April, and were 3.
Existing -home sales, which include single-family, townhomes,
condominiums and co-ops, are based on transaction closings.

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"Contemporary Asian art is increasingly becoming trendy, and prices are
skyrocketing ," said Mr.
Those who wish to participate in the call may do so by dialing
973-633-6740.com .18 million from a downwardly revised pace
of 6.86 percent in
April, down from 5. Last week, the 30-year fixed dropped to 5.
Single-family home sales rose 4.

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asiannouveau.com Launches First-Of-Its -Kind Online Gallery Featuring a Distinctive Collection of Unique Contemporary Asian Paintings and Stylish Home Decor Acc

"
Recognizing that contemporary Asian art, and Asian-inspired home accents
can be a complement to contemporary decor, Mr. Shopping on the Website is also secured by
VeriSign(R ), the world's leading secure Website verification services that
protects consumers' personal and confidential financial information.

Business Editors/Real Estate Writers

WASHINGTON-- --Existing-home sales hit
a record high in April, defying expectations of a modest slowing trend
in 2005, according to the National Association of Realtors(R).

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Pfirsch set out to offer a
collection that would appeal to consumers who are attracted to Asian decor, as
well as to home decor aficionados who may be looking for a contemporary
creation that is original and tasteful. Pfirsch. Mr.php to access the
complete media kit.3 percent to a
record annual pace of 1.

REALTOR(R) is a registered collective membership mark which may be
used only by real estate professionals who are members of the NATIONAL
ASSOCIATION OF REALTORS(R) and subscribe to its strict Code of Ethics.

Here you will find listings for web sites offering how-to information, stitch guides, yarn recommendations, hook conversion charts, and free patterns for a plethora of items ranging from clothing to fridgies to holiday decor .

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com has been a passion," said Mr. "We will soon be featuring additional artists and creators of
crafts from countries located throughout Southeast Asia and China as well.asiannouveau.
(NYSE: MIK) announced today that it will report and discuss first quarter 2005
earnings results and outlook for fiscal 2005 in a conference call to be held
next Wednesday, May 25, 2005, at 4:00 p. The previous record was a sales rate
of 7.83 percent in
April 2004. The median existing-home price
in the Northeast was $243,000, up 15.

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"At the same time, we are deeply saddened by the devastation and loss of
life," commented Mr.com, Mr.com we are launching today is just the beginning," said
Mr.
Total existing-home sales - including single-family, townhomes,
condominiums and co-ops - rose 4.74 million units in April, and
was 8.

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Pfirsch.com
offering over the past few years -- a process that included identifying and
forging relationships with famous and emerging artists, and assembling a
collection of contemporary items from these individuals that would inspire
consumers who are looking for unique and affordable art, as well as design and
crafts to complement their individual and personal home environment. Pfirsch.
With more than 350 items currently available on the Website, Mr.m.93 percent in March; the rate was 5. The median is a typical market price where half of
the homes sold for more and half sold for less.7 percent above the 812,000-unit pace in
April 2004.8 percent to a
record annual rate of 1. In addition,
existing-home sales, which generally account for 85 percent of total
home sales, are based on a much larger sample - nearly 40 percent of
multiple listing service data each month - and typically are not
subject to large prior-month revisions.org.

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Although portions of Thailand's coastal tourist
areas were devastated by the disaster, the company, and its artists were not
directly impacted, allowing for today's launch.5 percent in April to a seasonally
adjusted annual rate(a) of 7.6 percent from a year earlier.3 percent higher than a year ago.8 percent
above April 2004.

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"
Prior to launching asiannouveau. The online
price listed for each item includes shipping and insurance, a feature unique
to asiannouveau. For additional information, visit
http: //www.

Michaels Stores Inc. Announces Earnings Conference Call

The call will be hosted by Jeffrey Boyer, Executive Vice President and
Chief Financial Officer and Greg Sandfort, Executive Vice President and
General Merchandise Manager.
Michaels Stores, Inc. website
(http://www .0 percent above
the 5.
Existing condominium and cooperative housing sales also hit a
record , increasing 4. The median condo price was $223,600, up 18.
Existing-home sales in the Northeast increased 4.2 percent from April 2004.61 million units in April, and were 2.

Information about NAR is available at http://www.

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Pfirsch. Pfirsch added that he has carefully planned the asiannouveau.S.

asiannouveau.com has partnered with the Bank of Asia,
accepts Visa and MasterCard.

About http://www.2-month supply at the current sales pace. Condo sales last month accounted for 12.
Existing -home sales in the West held even at an annual rate of
1. For example, home sales volume
is normally higher in the summer than in the winter, primarily because
of differences in the weather and family buying patterns.
Because of these differences, it is not uncommon for each series to
move in different directions in the same month.

collar graph

com/cgi-bin/prnh/20050207/LAM067)
Originally with plans to launch in early January, the December 26
earthquake and tsunamis in Southeast Asia required the Website 's Founder and
Managing Director Damien Pfirsch to assess the impact the disaster may have
had on the stable of more than 50 artists represented on the Website, as well
as the company's operations . "Recognizing the ongoing need for funds for
reconstruction and care of those who have lost so much , asiannouveau. All purchases are
shipped within one to two business days by FedEx from Thailand .com
asiannouveau.7 percent above the 6.71 percent. This
and other news releases are posted in the Web site's "News Media"
section in the NAR Media Center.

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"asiannouveau."
While there are Websites that feature Asian arts and crafts,
asiannouveau. To listen to the live
call, please go to the website at least fifteen minutes early to register and
download any necessary audio software . Replay may be accessed at http://www.com or by phone at
973-341-3080, PIN 5446577."
According to Freddie Mac, the national average commitment rate for
a 30-year, conventional, fixed-rate mortgage was 5.9 percent from a year earlier. The next
Pending Home Sales Index will be on June 1 and the forecast will be
revised June 8.

If you're looking for crafters who sell their creations and offer online ordering, or e-stores that sell crochet supplies, then please visit the appropriate sub-category of Shopping.

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During his extensive travels throughout the region, he found that
discovering and promoting Asian artists and designers was a natural evolution
in his own personal appreciation for Asian arts, design and craft traditions.asiannouveau.com is to introduce contemporary Asian
art creations and craftsmanship to art and design lovers throughout the world,
particularly in Europe and the United States where consumers are increasingly
open minded to adding a contemporary Asian "design flair" within the context
of traditional and contemporary Western decor tastes. The Company 's earnings press release will be
issued after the market closes on the day of the conference call . Any interested party will also have the opportunity to access
the call via the Internet at http: //www.michaels.
David Lereah, NAR's chief economist, said sales had been expected
to hold at high levels. Last month's sales activity was 5.1 percent from a year earlier.

This category is for sites that focus on the art and craft of crochet.

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The works found on our online gallery offer
consumers a unique opportunity to find new, high quality inspirational
accents, rather than Asian 'commodity crafts ' that can be found in home decor
shops and boutiques, as well as some online sources.com.
The Website also features contemporary Asian Decor items such as hand-made
pillow covers, throws, and rugs; contemporary lighting; and, distinctive and
colorful Asian dinnerware; functional, contemporary Asian Home Accents such as
vases, bowls, trays, decorative boxes, and stands; and Unique Asian-Inspired
Gifts such as handpainted silk scarves and shawls and exclusive gifts created
for men and women , alike. "We've
been facing a significant shortage of homes available for sale," he
said. The dynamics of the market underscore the value of
housing as a solid long-term investment.98 million-unit pace in April 2004.5 percent higher than April
2004.