Archive | February, 2011

NIVS IntelliMedia Announces Additional $530,000 Order in Indian Marketplace

NIVS IntelliMedia Announces Additional $530,000 Order in Indian Marketplace

NIVS IntelliMedia Technology Group, Inc. (Amex: NIV), a consumer electronics company focused on AV products and mobile phones, similar to companies like Koninklijke Philips Electronics NV (NYSE: PHG) and Panasonic Corporation (NYSE: PC), recently announced an additional $530,000 order in the Indian marketplace for its custom mobile phones.

NIVS IntelliMedia Technology Group, Inc. (“NIVS” or the “Company”) (NYSE Amex: NIV), a comprehensive consumer electronics company that designs, manufactures and sells intelligent audio and visual products and mobile phones, announced that it has received an additional order to the India market, valued at approximately $530,000, which is an update to the $1.7 million contract for custom mobile phones that was previously announced on February 16th.

(Logo: http://photos.prnewswire.com/prnh/20110210/CN46352)

This additional order brings the total contract size to approximately $2.3 million. The custom handsets will be sold under the NIVS brand name and will be primarily targeted as a mid-level phone in India, which consists of 2G capable devices. The phones work on the GSM 900 and DCS 1800 bands, they have a 1.8″ TFT screen, and Bluetooth capabilities.
“We are pleased to report our updated sales order to India,” said Tianfu Li, NIVS’ Chairman and CEO. “This follow up order, which is over half a million dollars in size and received in less than a month from our initial $1.7 million contract, is a positive signal of India’s market demand for our NIVS branded handsets. As we continue to penetrate the India market we are confident in our ability to convert mobile phone users to our NIVS product offering given our reputation for quality design, aesthetic appeal, and attractive pricing. India is going to be an important market for us.”

With a population of 1.2 billion, India has seen very strong growth in mobile phone market in the last few years. According to the Telecom Regulatory Authority of India, the country currently has the 2nd largest mobile phone market after China, with an estimated 752 million mobile phone subscribers as of February 2011. Based on Informa Telecoms and Media’s latest forecast, India is the fastest growing telecommunications industry in the world and it is projected that India will have 1.159 billion mobile subscribers by 2013.

NIVS is implementing various corporate growth initiatives for 2011, with a particular focus on its fast-growing mobile phone business, and is committed to establishing itself as China’s preeminent integrated consumer electronics company. The Company will continue to focus on innovative research and development and expects to expand its product portfolio with increasingly popular consumer electronics devices in China and in other high growth markets in Asia, including India’s growing mobile market.

About NIVS IntelliMedia Technology Group, Inc.

NIVS IntelliMedia Technology Group (NYSE Amex: NIV) 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.

For comprehensive investor relations material, including fact sheets, research reports, presentations and video (as they become available), please follow the appropriate link: Investor Relations Portal and Investor Fact Sheet.
For additional information, please visit: www.nivsgroup.com/english

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 Company’s business and operations; 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.

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EastBridge (OTCBB: EBIG) Receives FINRA Approval for Share Dividend Distribution of Wonder Stock

EastBridge (OTCBB: EBIG) Receives FINRA Approval for Share Dividend Distribution of Wonder Stock

EastBridge Investment Group (OTCBB: EBIG), a financial services company focused on assisting emerging Asian companies list on U.S. exchanges, with clients similar to China Education Alliance, Inc. (NYSE: CEU) and ChinaCast Education Corporation (Nasdaq: CAST), recently received FINRA approval for its share dividend distribution of Wonder Education stock.

EastBridge Investment Group (EBIG) (OTC.BB:EBIG) today announced it has received FINRA approval to distribute the Wonder share dividend to its shareholders. EastBridge’s management will soon mail instructions to the eligible shareholders of EastBridge on how to obtain their Wonder dividend shares. Shareholders who are eligible to receive their pro-rata amount of shares of Wonder stock, out of a total of approximately 400,000 shares, are required to have been an EastBridge shareholder on July 31, 2009.

Keith Wong, CEO of EastBridge, commented, “We are happy to provide some Wonder shares, for no considerations, to our loyal EastBridge shareholders. We look forward to distributing, as dividends, the other designated stocks to our shareholders as they become approved by the SEC and FINRA.”

To learn more about Wonder, please visit their website: http://www.wondedu.com

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG’s email alert, send a blank email to info@EbigCorp.com.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “forecasts,” “potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

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EastBridge (OTCBB: EBIG) Announces Alpha Lujo Name and Ticker Change

EastBridge (OTCBB: EBIG) Announces Alpha Lujo Name and Ticker Change

EastBridge Investment Group (OTCBB: EBIG), a provider of financial services to emerging public companies located in Asia, with clients similar to companies like Tesla Motors, Inc. (Nasdaq: TSLA) and Tata Motors Limited (NYSE: TTM), announced that Alpha Lujo changed its name and ticker.

EastBridge Investment Group (EBIG) (OTC.BB:EBIG) today announced its client, E Global Marketing has completed its name change to Alpha Lujo and obtained a new ticker symbol, “ALEV.”

William Tien, CEO of Alpha Lujo, commented, “We want to thank EastBridge and our legal team for their excellent advisory work for our project. Moving forward, we are accelerating our pace to capture the opportunities in the electrical vehicles and advanced batteries businesses.”

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG’s email alert, send a blank email to info@EbigCorp.com.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “forecasts,” “potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

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NIVS IntelliMedia (Amex: NIV) Releases Marketing Material for New N61 Mobile Phone

NIVS IntelliMedia (Amex: NIV) Releases Marketing Material for New N61 Mobile Phone

NIVS IntelliMedia Technology Group, Inc. (Amex: NIV), an integrated consumer electronics company located in China, which is partnered with China Mobile (NYSE: CHL) and China Telecom (NYSE: CHA), released marketing materials for its new N61 mobile phone selected by the country’s largest mobile phone carrier.

NIVS IntelliMedia Technology Group, Inc. (“NIVS” or the “Company”) (NYSE Amex: NIV), a comprehensive consumer electronics company that designs, manufactures and sells intelligent audio and visual products and mobile phones, announces availability of marketing material and pictures of the NIVS N61 mobile phone selected by China Mobile Limited (NYSE:CHL), the largest mobile phone carrier in China.

(Logo: http://photos.prnewswire.com/prnh/20110210/CN46352)

The NIVS N61 model is a mobile phone designed for young children. It has security features that allow parents to track their children’s location through its built in GPS. The N61 is being marketed through select China Mobile stores in mainland China. A marketing poster is being sent to all distributors and stores that are selling the product.

To view the marketing poster, as well as various digital pictures of the NIVS N61 mobile phone, please click on the following link: http://www.trilogy-capital.com/autoir/niv_autoir.html

“As part of our goal in keeping investors informed with the company’s operations in China, we are releasing this marketing material and digital photos of the N61 to provide people with the look and feel of the final product,” said Tianfu Li, NIVS’ Chairman and CEO. “NIVS is thrilled about our recent N61 contract with China Mobile. Not only is China Mobile the largest carrier in China, with 589 million customers, they have robust distribution channels and a mobile network that covers nearly the entire population. We believe the N61 will be well received in China due to its kid-friendly design and customizable family settings so parents can control how their young children use the phone.”

The N61 model mobile phone from NIVS has a 1 inch color TFT screen. It works on the GSM 900 and DCS 1800 bands, has advanced and customizable family settings, and it has a kid-centric number pad with only six digits. These numbers are designed for use as speed dial keys so young children can easily and safely call parents, relatives, and parent-approved friends, while being restricted from dialing unknown numbers. The phone is fully compliant with China Mobile’s GSM network, which covers 97% of China’s population.

NIVS is implementing various corporate growth initiatives for 2011, with a particular focus on its fast-growing mobile phone business, and is committed to establishing itself as China’s preeminent integrated consumer electronics company. The Company will continue to focus on innovative research and development and expects to expand its product portfolio with the types of consumer electronics devices that are growing increasingly popular in China and in other high growth markets in Asia.

About NIVS IntelliMedia Technology Group, Inc.

NIVS IntelliMedia Technology Group (NYSE Amex: NIV) 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.

For comprehensive investor relations material, including fact sheets, research reports, presentations and video (as they become available), please follow the appropriate link: Investor Relations Portal and Investor Fact Sheet.

For additional information, please visit: www.nivsgroup.com/english

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 Company’s business and operations; 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.

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