HUIZHOU, China, Jan. 19 /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 executed a definitive acquisition agreement to acquire Huizhou Dongri Digital Co., Ltd., ("Dongri") a mobile phone product manufacturer located in the Huizhou Zhongkai Hi-tech Zone area.

The aggregate purchase price to be paid by the Company for Dongri is to be up to $23 million. $13 million will be paid within 30 days after closing, expected to be January 22, 2010, and up to an additional $10 million may be payable at future dates contingent on certain performance metrics of Dongri being met, as described below. With the acquisition of Dongri, the Company's production capacity will be increased to 1 million mobile phones per month, in keeping with the Company's demand for its overall mobile phone products.

If Dongri's after-tax income for the first half of 2010, January 1 - June 30, 2010, exceeds $1.91 million, then an additional $3 million will be paid to the former shareholders of Dongri. If Dongri's after-tax income for the first half of 2010 is between $955,000 and $1.91 million, then a pro-rata amount of $3 million shall be postcard printing payable to the former Dongri shareholders based on the amount that the after-tax income exceeds $955,000 divided by 955,000. If Dongri's after-tax income for the first half of 2010 is less than $955,000 then no additional funds will be paid to the former Dongri shareholders pertaining to the financial performance of Dongri for the period January 1 - June 30, 2010.

If Dongri's after-tax income for the third quarter of 2010, July 1 - September 30, 2010, exceeds $1.03 million then $3 million shall be payable to the former Dongri shareholders. If Dongri's after-tax income for the third quarter of 2010 is between $514,000 and $1.03 million then a pro-rata amount of $3 million shall be payable to the former Dongri shareholders, where such pro-rata amount shall be calculated based on the amount that the after-tax income exceeds $514,000 divided by $514,000. If Dongri's after-tax revenue for the third quarter of 2010 is less than $514,000 then no additional funds will be paid to the former Dongri shareholders pertaining to that period.

If Dongri's after-tax income for the fourth quarter of 2010, October 1 - December 31, 2010 exceeds $1.18 million then $4 million shall be payable to the former Dongri shareholders. If Dongri's after-tax income for the fourth quarter of 2010 is between $590,000 and $1.18 million then a pro-rata amount of $4 million shall be payable to the former Dongri shareholders, where such pro-rata amount shall be calculated based on the amount that the after-tax income exceeds $590,000 divided by $590,000. If Dongri's after-tax income for the fourth quarter of 2010 is less than $590,000, then no additional funds will be paid to the former Dongri shareholders pertaining to that period.

All dollar figures used to calculate any additional payments, if any, owed to the former Dongri shareholders will be calculated in accordance with U.S. GAAP, as determined by the parent corporation, NIVS paper bag printing and confirmed by NIVS' independent auditor.

Additional payments owed to Dongri, if any, shall be made no later than the thirtieth day following the completion of NIVS' preparation of its financial statements for the respective period, calculated in accordance with U.S. GAAP and confirmed by NIVS' independent auditor and the filing of the related financial statements with the
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NO action will be taken against two men arrested over claims that evidence was hidden during the Stephen Lawrence murder inquiry.

A retired Metropolitan Police replica bag wholesale officer and a serving civilian police Replica fendi wholesale worker have been released from bail, the Independent Police Complaints Commission (IPCC) said.

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UQ researchers are looking for volunteers to trial a new technology for measuring blood pressure and the health of the heart.

Researcher Dr Jim Sharman said the study aimed to determine the effectiveness of measuring central blood pressure to help guide treatment decisions in the management of patients with high blood pressure, which affects nearly 30 per cent of the Australian population.

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"The new technology to be trialled involves the measurement of central blood pressure by recording the pulse Clip on charms at the wrist," Dr Sharman said.

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The researchers are looking for men and women aged between 18 and 75 years, who have been paper bag printing diagnosed with hypertension and are taking at least one, but no more than three, medications for hypertension are invited to participate.

The study is over 12 months and participants will be asked to visit the Princess Alexandra Hospital every three months.

For more information contact Deborah Gilroy on 3240 6614 or .

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By:Leonard Bartholomew


With so many internet home business opportunities to choose from, as an entrepreneur you need to make sure that you end up with the right one After all, if you want to make a lot of money online your first goal should be to find the home business opportunity that is going to give you the best chance of realizing this goal T8 LED Tube. Luckily, you can search through all of the available internet home business opportunities until you find the one that really tickles your funny bone Fake Watch. The fact of the matter is that the decision you make early on will affect the way that you proceed, the money that you make, and of course your overall level of success

Here are three common internet home business opportunities that you may want to give a second thought Remember, these are only three of the more common options All in all, there are probably thousands of internet home business opportunities just waiting for people like you!

1 One of the best, and most common, internet home business opportunities is becoming a freelance writer Although everybody does not have the skills needed to be a success in this industry, if you work at it you can make a lot of money The market for freelance writers is huge, and if you can carve yourself a niche you will be able to make a lot of money without ever having to leave home

2 Another common internet home business opportunity is building websites, and then figuring out how you can monetize them The downside of this opportunity is that you will need to know a bit about website design, search engine optimization, and other technical details But just like anything else, you can learn these skills as you go along The main benefit of building websites is that if you can drive enough traffic to them you can really cash in big time There are thousands of websites that provide their owners with a nice income day in and day out And not only can you do this job from home, after you get established you can cut your hours as well

3 As you probably know, the healthcare industry is on the up and up ghd iv styler. For this reason, medical coding is a top flight internet home business opportunity This may be a competitive field, but with so many people in need of this service you can surely find plenty of clients sooner rather than later Again, you will need the right skills, but medical coding is something that you can learn

These three internet home business opportunities are among the most common Consider them as well as any others if you want to earn a living from home About the author:
Leonard Bartholomew, BS Computer Science Tickle your funny bone some more by looking at Leonard's favorite Replica Watches

Standings of curling at Vancouver Winter Olympics after Feb. 19

VANCOUVER, Feb. 19 (Xinhua) -- Following are the round robin standings after Friday's curling matches of the 2010 Olympic Winter Games at the Vancouver Olympic Centre:

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Rank Team Games Wins Losses

1 Canada 5 5 0

2 Norway 5 4 1

3 Sweden 4 3 1

4 Switzerland 5 3 2

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5 Britain 4 2 2

6 Germany 5 2 3

7 China 4 1 3

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France 4 1 3

9 Denmark 5 1 4

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United States 5 1 4

Women's

Rank Team Games Wins Losses

1 Sweden 4 4 0

Canada 4 4 0

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3 China 5 3 2

Britain 5 3 2

5 Germany 4 2 2

Japan 4 2 2

7 United States 4 1 3

Switzerland 4 1 3

9 Denmark 5 1 4

Russia 5 1 4

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Nottingham Playhouse: A Day in the Death of Joe Egg: Peter Nicholls' work of moving hilarity, starring TV's Mark Benton. March 19-April 3. Tickets from Pounds 7.50. 0115 941 9419.

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Lakeside Arts Fendi Replica Handbags Centre: Those Magnificent Men: New Perspectives returns with a comic caper about gung-ho pilots Alcock and Brown. March 9. Tickets Pounds 12. 0115 846 7777.

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Palace Theatre, Mansfield: Horrible Science: From the team behind the Horrible Histories. From Pounds 14.50. March 15-17. 01623 633133.

Theatre Royal, Nottingham: Present Laughter: catalog printing Noel Coward comedy with a host of telly names including Robert Bathurst. Until tomorrow. Tickets Pounds 11. 0115 989 5555.

Opera North: A three-point programme of classics by Puccini, Mozart and Gilbert and Sullivan. March 9-13. Tickets from Pounds 14.50. 0115 989 5555.

Nottingham Replica fendi wholesale Arts Theatre: HMS Pinafore: Nottingham University's Gilbert and Sullivan Society. March 24 - 27. Tickets Pounds 10. 0115 947 6096.

Newark Palace Theatre: The Full Monty. Newark Amateur Operatic Society. March 22-27. Tickets from Pounds 10.50. Call 01636 655 755.

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SHAKESPEARE said that the whole world is a stage and that all men and women were merely players, each with their own exits and replica bag wholesale their entrances.

Well today the drama that is life in Llanelli has been cast the happy role of celebrating the great news that funding has been secured for our very own, state-of-the-art performance space -- a new 520-seat theatre and arts complex in the town.

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There was some sadness when the Stepney Hotel was demolished, and no doubt tears will be shed when the Island House pub makes way for the new Eastern Gateway development, but as the Bard said -- exits and entrances, they are all part of life.

After reporting more than our fair share of tragedies, the Star is delighted to shine the spotlight on this new venture and congratulate those involved.

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Of course, there will always be debate about how money should best be spent, especially in these hard-up times, but any development which is capable of playing a role in rejuvenating the town is to be welcomed.

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