AIVtech International Group Announces Net Income Guidance of $13.7 million, or $0.61 EPS, for Fiscal Year 2011

SHENZHEN, China, Feb. 22, 2011 /PRNewswire-Asia-FirstCall/ -- AIVtech International Group Co. (OTC Bulletin Board: ECOH) ("AIVtech" or the "Company"), a provider of originally designed electronic products, today announced net income guidance of $13.7 million, or earnings per share of $0.61 based on 22.8 million fully diluted shares for the fiscal year ending December 31, 2011.

AIVtech's revenue is broken down into three product categories: high-quality audio furniture, multi-media speakers and video products. Financial growth during 2011 will be driven by product innovation and feature and functionality enhancement to existing products. Over the past several years AIVtech has built an extensive research and development team of approximately 50 employees. Research and development is an integral part of the Company's current and future growth. In 2011 the Company will continue to leverage its capabilities and strengthen its team, while adding new R&D expertise. New products will be introduced such as the Interactive Intelligent Panel, which the Company has already begun taking orders on. Additionally, there are new features and functionalities that will be added to existing products such as the Company's multimedia speaker, Digi Panda. Lastly, the Company is establishing new distribution channels in China for the proprietary AIV-branded audio furniture product line.

Mr. Jinlin Guo, President, Chief Executive Officer, and Chairman of the Board of AIVtech, stated, "We are pleased to announce net income guidance of $13.7 million, representing $0.61 EPS, for fiscal year 2011. In 2011, we expect electronic furniture sales to remain stable. Through the introductions of new video products such as the Interactive Intelligent Panel and new features to the Digi Panda and other speaker products, we expect revenue to increase in both of those products categories."

Mr. Guo continued, "Our focus will remain, as it has been since the founding of AIVtech in 2004, to be a high-quality innovator in the electronic industry worldwide. It is also our goal to begin broadening the distribution of our proprietary AIV-branded audio furniture in China. We are striving to build a worldwide brand all the while continuing to enhance our reputation of providing high-quality products such as our 'Made-for-iPod' products. We are confident that our strategy will continue to increase earnings and shareholder value."

AIVtech will present at the Rodman & Renshaw Annual Investment Conference in Shanghai, China on March 6th through the 8th. Further details regarding the presentation day, time and webcast will be provided shortly. Additionally, the Company will report the 2010 fourth quarter and yearend financial results and host a conference call on or before March 15th.

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) video products, which includes a new video conferencing system called the Interactive Intelligent Panel which will begin production in early 2011. 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 statements include, but are not limited to, expectations of signing new customers and contracts, developing new products, projected revenues and earnings, and the success of new products. 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.

SOURCE AIVtech International Group Co.