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Wireless Telecom Business: NIVS Wins Contracts Worth $2.98 Million

November 26, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — NIVS IntelliMedia Technology Group, Inc. (NIV), a consumer electronics company said it has received orders equal to $2.98 million for various new mobile phones following a recent conference.

According to NIVS, more than 700 distributors, wholesalers and agents participated in the two day event. The introduction of the new NIVS mobile phones including a promotional plan occurred, and orders representing the $2.98 million in sales of the mobile phones were from the provinces of Guangdong, Guangxi, Hunan, Hubei, Hebei, and Neimeng, among others.

The company said it believes final orders from the conference may exceed $4 million.

China-based NIVS IntelliMedia Technology designs, manufactures, markets and sells audio and video products and mobile phones in China, Greater Asia, Europe, and North America.

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