CVC Centiva Capital Inc.

Centiva Capital Inc. (TSX VENTURE:CVC) announced today that it will not proceed
with its previously announced acquisition of all of the outstanding shares of
Intech LCD Group Limited ("Intech") and subsequent private placement financing
and spin-out its existing assets to its shareholders under a corporate
reorganization.


The acquisition of Intech, announced on December 13, 2010, was subject to a
number of conditions including completion of due diligence by Centiva on Intech.
Since the Company's last update press release on January 26, 2011, Centiva has
continued to conduct due diligence but will not be able to currently complete
the due diligence to its satisfaction in a timely fashion. As a result, Centiva
and Intech have mutually agreed to terminate the Share Exchange Agreement dated
December 13, 2010.


Private Placement and Corporate Reorganization

Centiva also intended to complete a private placement financing concurrently
with the Intech acquisition and to spin-out its existing assets to its
shareholders as part of a corporate reorganization. Centiva will not proceed
with either the financing or the corporate reorganization at this time.


Included in this news release are matters that constitute "forward-looking"
information within the meaning of Canadian securities law. Such forward-looking
statements may be identified by words such as "plans", "proposes", "estimates",
"intends", "expects", "believes", "may" or words of a similar nature. There can
be no assurance that such statements will prove to be accurate. Actual results
and future events could differ materially from such statements. Factors that
could cause actual results to differ materially include among others, regulatory
risks, risk inherent in foreign operations, commodity prices and competition.
Most of these factors are outside the control of the Company. All subsequent
forward-looking statements attributable to the Company or its agents are
expressly qualified in their entirety by these cautionary comments. Except as
otherwise required by applicable securities statutes or regulation, the Company
expressly disclaims any intent or obligation to update publicly forward-looking
information, whether as a result of new information, future events or otherwise.

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