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New Deals: AIVtech Gets $1.1 Mil European Order

July 9, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — AIVtech International Group Co. (OTCBB: ECOH), a provider of consumer electronics products, said it has received a follow-on order for LED-backlit LCD televisions from Europea Trade N.V. On June 29, 2010, the company entered into a sales contract with Europea Trade valued at USD $1.1 million for the manufacture of 15,000 LED-backlit LCD TVs.

The deal is an original-design manufacturing 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 is a distributor of information and communication technology and home entertainment products in Europe. Europea Trade offers a line of brands as well as tailor-made products in various categories such as navigation, MP3 players, monitors, televisions, notebooks, software, and DVD products.

China-based AIVtech International 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: electronic furniture, including video chairs with built-in speakers and vibration, as well as leisure furniture with built-in audio/video systems; multimedia/digital speakers; and LCD/LED televisions.

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