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Blue Nile CEO Diane Irvine Shares Online Retail Success Tips at Nov. 6 Seattle Association for Corporate Growth VIP Event

(Seattle, WA -- November 3, 2008) - Local top executives who want to learn from the success journey of the fastest growing online diamond retailer can register to attend the Nov. 6 Association for Corporate Growth (http://www.acg.org/seattle) VIP event honoring Blue Nile Inc. CEO Diane Irvine taking place from 5:30 - 7 p.m. at the Columbia Tower Club. This event is presented by the Seattle Chapter of ACG, a professional organization committed to advancing middle market companies along their journeys to greater success and growth. Attendance to this exclusive networking event is limited to C-Suite and VP-level executives, and the only way to secure one of the few tickets remaining is by calling 206-274-6282.

Seattle, WA (PRWEB) November 4, 2008 -- Local top executives who want to learn from the success journey of the fastest growing online diamond retailer can register to attend the Nov. 6 Association for Corporate Growth (http://www.acg.org/seattle) VIP event honoring Blue Nile Inc. CEO Diane Irvine taking place from 5:30 - 7 p.m. at the Columbia Tower Club. This event is presented by the Seattle Chapter of ACG, a professional organization committed to advancing middle market companies along their journeys to greater success and growth. Attendance to this exclusive networking event is limited to C-Suite and VP-level executives, and the only way to secure one of the few tickets remaining is by calling 206-274-6282.

Blue Nile Inc. CEO Diane Irvine
Blue Nile Inc. CEO Diane Irvine

Irvine will speak about the company's meteoric growth as she accepts the ACG Emerging Growth Award. To be nominated for the Emerging Growth Award, a company must have annual sales of up to $500 million, at least three years of growth, exemplary leadership, and a high-level of community involvement. Past recipients of the Emerging Growth Award include Quinton Cardiology Systems, Inc. and SonoSite, Inc.

"This VIP event offers a fabulous networking opportunity for top executives to meet, mingle, and learn from the success path of Seattle's own Blue Nile," said ACG Seattle Chapter President Chuck Gottschalk. "Blue Nile has redefined the diamond industry by introducing technology that opens a new distribution channel for consumers. The company has a five year average growth rate of 32 percent and has become one of the most successful online retailers in very short order."

Blue Nile was founded in 1999 and has grown to become the largest online retailer of certified diamonds, posting revenues of $319 million in 2007. This year, the company was named one of Business Week's hot growth companies, and was recognized as one of Forbes' 200 Best Small Companies. Blue Nile earned the No. 14 spot on the Seattle Time's annual Northwest Top 100 list. In the past year, Blue Nile has made a big push into international markets, increasing the number of countries it sells to from four at the beginning of 2008 to more than 25 today.

ABOUT ACG

Founded in 1954, ACG is the premier global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions for mid to large companies. Members are leaders of corporations, private equity, financial services and professional service firms charged with building value in their organizations. For over 50 years, ACG members have focused on strategic activities that increase revenues, profits and stakeholder value. ACG has more than 11,000 members in 53 chapters in North America and Europe. To learn more about the Seattle Chapter visit http://acgseattle.org.

ABOUT BLUE NILE INC.

Blue Nile, Inc. is the leading online retailer of diamonds and fine jewelry. The Company delivers the ultimate customer experience, providing consumers with a superior way to buy engagement rings, wedding rings and fine jewelry. Blue Nile offers in-depth educational materials and unique online tools that place consumers in control of the jewelry shopping process. The Company has some of the highest quality standards in the industry and offers thousands of independently certified diamonds and fine jewelry at prices significantly below traditional retail. Blue Nile can be found online at www.bluenile.com, www.bluenile.ca and www.bluenile.co.uk. Blue Nile's shares are traded on the Nasdaq Stock Market LLC under the symbol NILE.

Contact: Nancy S. Juetten, 425-641-5214, nancy @ nsjmktg.com

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CONTACT INFORMATION
NANCY JUETTEN
Association for Corporate Growth - Seattle
4256415214
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