AIVtech Announces Company Name Change
SHENZHEN, China, July 6 /PRNewswire-Asia-FirstCall/ -- AIVtech 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 confirmation of its corporate name change to AIVtech International Group Co. from the Financial Industry Regulatory Authority, Inc. ("FINRA"), effective as of the open of business on July 2, 2010. The Company's former name was Ecochild Inc., and its ticker symbol will remain ECOH.
"We established a well-known brand for innovative home entertainment products in both domestic and international markets," said JinLin Guo, AIVtech's Chairman and CEO. "We believe that our new corporate name and the public listing of our shares are two of the most important steps in building a widely recognized brand in our industry that is associated with innovative and affordable products that enrich people's lives."
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 JinLin Guo owns the remaining 30% of Dongguan AIVtech. 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: [email protected] Tel: +86-755-2533-3022 Investor Relations Contact: Mr. John Harmon, Sr. Account Manager CCG Investor Relations Email: [email protected] Tel: +1-646-833-3424
SOURCE AIVtech International Group Co.
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