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NIVS (NIV) to Offer GestureTek Mobile’s Award Winning Software for Mobile Phone Games

Press Release Source: NIVS IntelliMedia Technology Group, Inc. On Friday January 22, 2010, 8:00 am EST

HUIZHOU, Guangdong, China, Jan. 22 /PRNewswire-Asia-FirstCall/ — NIVS IntelliMedia Technology Group, Inc., (“NIVS” or the “Company”) (NYSE Amex: NIV), a consumer electronics company that designs, manufactures and sells intelligent audio and visual products, today announced that the Company has entered into an agreement with China Potevio Co., Ltd., GestureTek’s authorized technology agent in China, for the application of GestureTek’s mobile phone technologies on the NIVS operations platform for the benefit of it’s mobile phone customers.

GestureTek’s award-winning Eyemo(TM) software enables touch-free user interfaces on camera-enabled handsets. GestureTek’s Momo(TM) engine uses a mobile device’s camera to track specific movements and objects within the camera’s field of view. The software can be delivered over the air or embedded on a camera-enabled device. Turnkey motion-controlled games and applications are also available on multiple platforms.

Mr. Tianfu Li, Chairman and CEO of NIVS, commented, “On behalf of our mobile phone customers we’re delighted to be able to offer GestureTek’s mobile phone technologies to enhance their experience and interaction with the NIVS brand of mobile phones. We look forward to offering a broad suite of GestureTek’s offerings to our customers.”

About China Potevio Co., Ltd.

China Potevio Co., Ltd. is a China based leading IT equipment manufacturer and service provider. It was born out of China Posts and Telecommunications Industry Corporation, which has a long history in China’s telecommunication industry. As a key state-owned enterprise under direct leadership of State- owned Assets Supervision and Administration Commission of the State Council (SASAC), China Potevio’s main business covers manufacture and trade business of telecom products, relevant technical research and services. Its industrial scale and strength plays a leading role in many industrial fields, such as communication system, terminal, auxiliary equipment, industrial application and value-added service. China Potevio owns several first-class national certifications and qualifications, including telecom project programming and designing, telecom engineering surveying, project contracting and telecom construction bidding and bid invitation, providing clients with credible products and services.

About NIVS IntelliMedia Technology Group, Inc.

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. NIVS has developed leading Chinese speech interactive technology, which forms a foundation for the Company’s intelligent audio and visual systems, including digital audio, telecommunication, LCD televisions, digital video broadcasting (“DVB”) set-top boxes, peripherals and more.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the business of the Company and its subsidiary companies. These forward looking statements are often identified by the use of forward looking terminology such as “believes, expects” or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including, but not limited to the Company’s ability to effectively integrate the operations and management of acquisition targets; the Company’s ability to timely deliver products; the Company’s ability to timely develop and market new products; the Company’s ability to continue to borrow and raise additional capital to fund its operations; the Company’s ability to accurately forecast amounts of supplies needed to meet customer demand; exposure to market risk through sales in international markets; the market acceptance of the Company’s products; exposure to product liability and defect claims; fluctuations in the availability of raw materials and components needed for the Company’s products; protection of the Company’s intellectual property rights; and changes in the laws of the PRC that affect the Company’s operations. 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 the discussed above and in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable the Company or to 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 an obligation to update these forward-looking statements.

Tuesday, January 26th, 2010 Uncategorized
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