Media Technology: NIVS Opens Another China Branch
July 7, 2010 (FinancialWire) — NIVS IntelliMedia Technology Group, Inc., (AMEX: NIV), a consumer electronics firm, said that the company's multimedia sales and marketing branch has expanded and relocated to Poly Guangzhou International Convention and Exhibition Centre, located in Guangzhou, the capital city of Guangdong Province.
The move follows one in April of this year in which the company established a telecommunications sales and marketing branch located at the Time Wealth Building in the Shenzhen Central Business District.
NIVS said that the new Guangzhou branch location began operation on June 29, and is anticipated to help increase sales of the company's audio visual and telecommunications products.
Tianfu Li, CEO of NIVS, said, "We intend to increase awareness of the NIVS brand throughout China with the intent to expand our market share in this, our home market.”
China-based NIVS IntelliMedia Technology Group is an integrated consumer electronics company that designs, manufactures, markets and sells intelligent audio and video products 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. Ranked 43rd on Forbes' Top 100 Chinese Research and Development Companies, 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.
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