HUIZHOU, China, Nov. 1, 2010 /PRNewswire-Asia/ -- NIVS IntelliMedia Technology Group, Inc. ("NIVS" or the "Company") (NYSE Amex: NIV), a consumer electronics company that designs, manufactures and sells intelligent audio and visual products and mobile phones, today announced their sponsorship of the up-coming season of the most popular variety show broadcast by Neimenggu TV (Inner Mongolia TV). As a title sponsor of the show NIVS agreed to pay USD $107,000 for 13 episodes, with 39 additional replays.
Beginning on November 5, 2010 (and each Friday thereafter) the first episode will appear on Inner Mongolia TV Satellite Channel with a replay the following day. Each episode of the show will prominently feature the NIVS brand and logo and include commercials featuring various NIVS products. Additional first-run episodes will premier every Monday followed by a replay each Tuesday broadcast on the Inner Mongolia TV Movie Channel.
About NIVS IntelliMedia Technology Group, Inc.
NIVS IntelliMedia Technology Group is an integrated consumer electronics company that designs, manufactures, markets and sells intelligent audio and video products and mobile phones in China, Greater Asia, Europe, and North America. The NIVS brand has received "Most Popular Brand" distinction in China's acoustic industry for three consecutive years, among numerous other awards. NIVS has developed leading Chinese speech interactive technology, which forms a foundation for the Company's intelligent audio and visual systems, including digital audio, LCD televisions, digital video broadcasting ("DVB") set-top boxes, peripherals and more.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the significance of Mr. Wasielewski's appointment on the Company's business and operations; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
For more information, please contact: |
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Company Contact: |
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Alex Chen |
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Chief Financial Officer |
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United States |
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646-380-2454 |
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Jason Wong |
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Vice President Investor Relations |
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Tel: +86-138-299-16919 |
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Email: jason@nivsgroup.com |
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Investor Contact: |
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BPC Financial Marketing |
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United States & Canada |
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John Baldissera |
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Tel: +1-800-368-1217 |