|By Business Wire||
|January 21, 2014 05:02 PM EST||
NanoTech Entertainment (OTCPINK:NTEK), a pioneer in bringing the 4K Ultra HD experience to consumers, announced today that Board Member Al Stone has taken on a more proactive role as company Chief Operating Officer (COO).
Starting immediately, Stone will add his driving force to NanoTech Entertainment’s operations, drawing on his extensive experience as company Board Member, founder of Nintendo America, and former CEO of Sega America and Sega Gaming, among other technology industry titles.
NanoTech Entertainment CEO Jeff Foley is excited with Stone’s appointment. “I’m energized by Al’s new role as we are going to look to him even more as a leader and tap into his extensive experience to help take NanoTech to the next level,” said Foley.
A growing force in entertainment technology, NanoTech has delighted shareholders after the recent important announcements such as being chosen this month as the winner of Ultra HDTV Magazine’s 2014 Best of CES Award in the Ultra HD Media Player category. The Nuvola NP-1 is the world’s first streaming media player that supports 4K Ultra HD movies and videos.
Upon his appointment, Al Stone said, “I’m very excited to take on these new and expanded responsibilities at NanoTech Entertainment as the company has been growing exponentially and promises to keep innovating with more products and announcements. It’s obvious that the management team needs to keep pace with the fabulous company growth. I look forward to helping continue expanding both the management team and the wonderful staff we have.”
About NanoTech Entertainment
Headquartered in San Jose, CA NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With six technology business units, focusing on 3D, Gaming, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. The company has a diverse portfolio of products and technology. NanoTech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Media Technology includes the world's first Ultra HD 4K streaming solution. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. Clear Memories is the global leader in 3D ice carving and manufacturing technology. 4K Studios creates digital Ultra HD 4K content using both licensed materials as well as original productions. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
"Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
The NanoTech Entertainment logo, UltraFlix and Nuvola NP-1 are trademarks of NanoTech Entertainment. All rights reserved. All other marks are the property of their respective owners.
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