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Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Pro-Active’s Research Report and Update, 21 May 2009
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) NIVS IntelliMedia develops, produces and sells audio, video and other consumer electronics products. Their products are sold on a brand name and OEM basis globally with their revenues currently generated primarily in China and Asia.
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV)
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Key Point: The company has demonstrated excellent revenue growth…
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Note: 2009 Estimate $172-186M
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV)
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) The Company and its Products ,[object Object]
Their products are distributed on a global basis, with China and Asia currently their largest markets.,[object Object]
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) NIV is a Leader in Intelligent AV Products  ,[object Object]
Voice activation platform controls household appliances
Software based on embedded real‐time LINUX operating system
Higher gross margins compared to standard AV products ,[object Object]
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) ,[object Object]
Collaboration with Chinese Academy of Science to develop speech interactive technologies
Strong relationships with Chinese and international OEM customers,[object Object]
State‐of‐the‐art design and manufacturing capabilities,[object Object]
Strong global OEM and private label distribution partners
Demonstrated cost‐savings and performance advantage,[object Object]
Build partnerships with new and existing clients
Expand the company’s global presence,[object Object]
Augment marketing and promotion efforts to increase brand awareness,[object Object]
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Market Data 52-Week High/Low*             $5.50/$2.19 Ave. Daily Volume*              147,000 sh Shares Outstanding             (approx) 40.7 mil sh Fully Diluted                         (approx) 40.7 mil sh Public Float                          (approx) 8.27 mil sh
Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Market Data Market Capitalization (Fully Diluted approx) $112 mil Cash & Equivalents (3/31) $2.18 mil Restricted Cash (3/31) $12.73 mil Book Value (approx) $1.41 Short-term Debt (approx 3/31)* $55.18 mil Long-term Debt (approx 3/31)* $0 Total Debt (approx 3/31)* $55.18 mil Total Debt/Equity (approx)* 96% Total Debt/Total Capitalization (approx)* 49%

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NIVS Intellimedia Technology

  • 1. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Pro-Active’s Research Report and Update, 21 May 2009
  • 2. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) NIVS IntelliMedia develops, produces and sells audio, video and other consumer electronics products. Their products are sold on a brand name and OEM basis globally with their revenues currently generated primarily in China and Asia.
  • 3. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV)
  • 4. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Key Point: The company has demonstrated excellent revenue growth…
  • 5. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Note: 2009 Estimate $172-186M
  • 6. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV)
  • 7.
  • 8.
  • 9.
  • 10. Voice activation platform controls household appliances
  • 11. Software based on embedded real‐time LINUX operating system
  • 12.
  • 13.
  • 14. Collaboration with Chinese Academy of Science to develop speech interactive technologies
  • 15.
  • 16.
  • 17. Strong global OEM and private label distribution partners
  • 18.
  • 19. Build partnerships with new and existing clients
  • 20.
  • 21.
  • 22. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Market Data 52-Week High/Low* $5.50/$2.19 Ave. Daily Volume* 147,000 sh Shares Outstanding (approx) 40.7 mil sh Fully Diluted (approx) 40.7 mil sh Public Float (approx) 8.27 mil sh
  • 23. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Market Data Market Capitalization (Fully Diluted approx) $112 mil Cash & Equivalents (3/31) $2.18 mil Restricted Cash (3/31) $12.73 mil Book Value (approx) $1.41 Short-term Debt (approx 3/31)* $55.18 mil Long-term Debt (approx 3/31)* $0 Total Debt (approx 3/31)* $55.18 mil Total Debt/Equity (approx)* 96% Total Debt/Total Capitalization (approx)* 49%
  • 24. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Recommendation History: Pro-Active Research Group, a division of Pro-Active Capital Group, LLC, initiated coverage of NIVS IntelliMedia Technology Group, Inc. on March 16, 2009 with a Buy recommendation and the following price target: L/T $12.00 Rating System: Pro-Active Research has a three-tier rating system: Buy, Hold, Sell. Pro-Active Research also issues non-rated informational reports. Coverage Universe: 100% Buy
  • 25. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) DISCLAIMER: The information herein is believed to be reliable and has been obtained from public sources believed to be reliable. We make no representation as to the accuracy or completeness of such information. Opinions, estimates and projections in this report constitute the current judgment of the author as of the date of the report and are subject to change without notice. We have no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate, or if research on the subject company is withdrawn.
  • 26. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) DISCLAIMER continued: This report is provided for informational purposes only. It is not to be construed as an offer to buy or sell or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy in any jurisdiction. Opinions and recommendations in our reports do not take into account individual investor circumstances, objectives, or needs and are not intended as recommendations of particular securities or strategies to particular investors. The recipients of our reports must make their own independent decisions regarding any securities mentioned in our reports. This report may not be reproduced, distributed or published by any person for any purpose without the prior written consent of Pro-Active Research Group. This report was created on May 21, 2009 from information publicly known as of May 21, 2009. Material developments may have occurred in the interim. Neither Pro-Active Research Group nor the analyst accepts any responsibility for any material change concerning the company since this report was prepared.
  • 27. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) DISCLOSURES Pro-Active Capital Group received 50,000 shares of stock and will be receiving $2,000/month (contracted for a minimum of three months) from NIVS IntelliMedia in return for a comprehensive set of services, including equity research provided by Pro-Active Research Group. Pro-Active Capital, its representatives, and affiliated companies may beneficially own 1% or more of a class of common stock or other securities of NIVS IntelliMedia Technology Group, Inc. (“NIV”), and may also be short the common stock or other securities of NIVS IntelliMedia.
  • 28. Pro-Active Capital Resources Group NIV Intellimedia Technology Group (AMEX: NIV) Analyst Certification The analysts named in this report hereby certify that their views about the company are accurate and they have not and will not receive direct compensation in exchange for providing specific recommendations in this report. PRO-ACTIVE RESEARCH GROUP, INC. A DIVISION OF PRO-ACTIVE CAPITAL RESOURCES, LLC 50 Broad Street, Suite 1437 New York, NY 10004 646 315 7070 www.pro-activecapital.com