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House of Taylor Jewelry appoints new CFO

April 26, 2007

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West Hollywood, Calif.—House of Taylor Jewelry Inc. today announced it has named Bob Rankin as chief financial officer, effective the day after the filing of the company's 2006 Form 10K-SB.

He will succeed Pauline Schneider, who will remain available to the company on a consulting basis.

During his nearly 30-year professional career, Rankin has been responsible for financial reporting, treasury, investor relations, operations and related-management functions, including strategic planning, mergers and acquisitions, and financings. Most recently, he was chief financial officer of Small World Kids Inc., a publicly traded consumer-products company.

"Bob has extensive experience and a proven management track record," House of Taylor Jewelry president and chief executive officer Jack Abramov said in a statement. "We are confident that his skill-set will benefit the company, as we continue to make significant headway with the independent retail channel and review new opportunities, domestically and internationally, to enter the jewelry space in multiple levels with the complementary assistance of our strategic advisor, Financo.

Abramov also noted that House of Taylor Jewelry's board of directors and management team are grateful to schneider for her valued contributions and leadership over the past year and a half, a critical time in which they worked closely as a team in designing and building a solid foundation for the company's future.
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