AIVtech Receives a $1.1 Million European Order for LED-Backlit LCD TVs
International Group Co. (OTC Bulletin Board: ECOH) (“AIVtech” or the
“Company”), a provider of consumer electronics products in both domestic and
international markets, today announced the receipt of a follow-on order for
LED-backlit LCD televisions from Europea Trade N.V. (“Europea Trade”)
On
Trade valued at USD
TVs. This is an original-design manufacturing (ODM) contract with Europea
Trade and its trading partner-Q Media-to manufacture LCD TVs that employ LED
backlighting, which offers improved lifetime, brightness, and picture quality
versus traditional fluorescent tube-backlit LCD TVs.
Founded in 1991, Europea Trade has become one of the leading distributors
of information and communication technology (ICT) and home entertainment
products in
countries alone. Europea Trade offers a full line of premium brands as well as
tailor-made products in various categories such as navigation, MP3 players,
monitors, televisions, notebooks, software, and DVD products.
“We launched production of LED-backlit LCD televisions in
expect LED TVs to contribute a sizable portion of our revenue in 2010,” said
relationships with many well-known European retailers and distributors and
have obtained excellent feedback following our first order from Europea Trade
in June. We plan to leverage these kinds of relationships to create global
recognition for our LED-backlit LCD TV brand.”
About AIVtech International Group Co.
AIVtech International Group Co. is the parent company of wholly owned
Shenzhen AIVtech Company Limited (“Shenzhen AIVtech”), which owns 70% of
Dongguan AIVtech Company Limited (“Dongguan AIVtech”). AIVtech’s founder,
Chairman, and CEO
Founded in 2004, the Company focuses on the integration of electronic products,
such as multimedia speakers and video games, with furniture and has coined the
term “electronic furniture” to describe its products. The Company has three
major product categories: (1) electronic furniture, including video chairs
with built-in speakers and vibration, as well as leisure furniture with
built-in audio/video systems; (2) multimedia/digital speakers; and (3) LCD/LED
televisions. For more information, visit http://www.aivtechgroup.com .
Forward-Looking Statements
Statements contained in this press release, which are not historical facts,
are forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are
based largely on current expectations and are subject to a number of known and
unknown risks, uncertainties and other factors beyond our control that could
cause actual events and results to differ materially from these statements.
These statements are not guarantees of future performance, and readers are
cautioned not to place undue reliance on these forward-looking statements,
which are relevant as of the date of the given press release and should not be
relied upon as of any subsequent date. AIVtech International Group Co.
undertakes no obligation to update the forward-looking information contained
in this press release.
For more information, please contact:
Company Contact:
Mr. Terry Liao, Vice President
AIVtech International Group Co.
Email: terryliao@aivtechgroup.com
Tel: +86-755-2533-3022
Investor Relations Contact:
Mr. John Harmon, Sr. Account Manager
CCG Investor Relations
Email: john.harmon@ccgir.com
Tel: +1-646-833-3424
SOURCE AIVtech International Group Co.
