|By Business Wire||
|May 1, 2014 02:42 PM EDT||
NanoTech Entertainment (OTCPINK: NTEK), a pioneer in bringing the 4K Ultra HD experience to consumers, announced today that 4K Studios, a NanoTech subsidiary, has entered into a global distribution agreement with Footprint Media Holdings, an international Entertainment Company and the owner of High 4K ,broadcasting in 4K Ultra HD. Under the agreement, UltraFlix™, NanoTech’s all 4K Ultra HD IPTV and Over-the-Top (OTT) streaming video service, will immediately add 70 new 15-minutes General Entertainment episodes to its vast library of 4K offerings. In addition, the deal provides for another 80 hours of native 4K Ultra HD content from Footprint Media Holdings to be featured on the UltraFlix channel later this year.
With the agreement, UltraFlix subscribers can enjoy the world's most popular General Entertainment content in the comfort of their living room. Produced in native 4K, Footprint Media Holdings programs transport viewers from New York to New Delhi, Spain, Africa and Hollywood, just to name a few; with the highest-quality production values and cinematography available in the market today.
“We’re very pleased to provide 4K content for NanoTech’s UltraFlix service,” stated Eric Klein, CEO of High4K. “Some of the biggest players in the industry have confirmed NanoTech’s highly reliable solution that delivers the enhanced viewing experience that consumers want today. We are very excited to be a part of NanoTech’s ground breaking 4K Ultra HD solution delivering The Future of Television to consumers now.”
Aaron Taylor, NanoTech's Executive Vice President of Sales & Marketing added, “High4K has large production capacities worldwide and uses proprietary equipment specially created and constructed for producing the very best 4K videos in the world. We are committed to delivering the High4K content along with the UltraFlix library on a variety of platforms including our own award winning Nuvola NP-1 as well as many next generation Smart TV’s that support 4K Ultra HD Streaming to the consumers with the existing internet connections available today.”
NanoTech’s Nuvola NP-1, which comes with UltraFlix and several video, gaming and social media applications pre-installed, is a multifunction device that can stream videos in HD, SD and 3D formats as well as 4K Ultra HD. Because the NP-1 is based on the latest Android Operating System, users have fast and easy access to thousands of video games and applications from NVIDIA Tegra Zone, Ouya, and the Google Play Store.
NanoTech also offers a commercial 4K Ultra HD video service, ProFlix UHD™ is bundled with NanoTech’s NP-C™ commercial 4K streaming media player for 4K Ultra HD embedded applications including retail outlets, digital signage and trade shows.
UltraFlix, the world’s first dedicated 4K Ultra HD IPTV/OTT channel is available now on the Nuvola NP-1, and will be available on a variety of other 4K Ultra HD devices and TV’s later this year.
Nuvola NP-1, the world’s first consumer streaming media player that supports 4K Ultra HD content, is currently in production and will be available for new customers this quarter for an MSRP of $299. For more information on UltraFlix or the Nuvola 4K streaming media players, call 1.408.414.7355, email email@example.com or visit http://www.nuvola4k.com.
Headquartered in NY with offices in Hong Kong and London, High4K is a international entertainment channel broadcasting globally in 4K Ultra HD featuring a unique mix of Travel, Entertainment, Lifestyle, Sport and Original Content. High4K benefits from large production capacities worldwide and will offer one of the largest 4K VOD libraries in the world generating more than 100 hours each year of premium 4K programs including travel and cooking shows, animation, drama series, movies and Hollywood content.
For more details: www.high4k.com
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 4K Ultra HD 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 4K Ultra HD 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.NTEK.com.
"Safe Harbor" Statement: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in of the company; the positioning of NanoTech Entertainment, Inc. in the market; ability to integrate both developed and acquired companies and technology; ability to retain key employees; ability to successfully market product offerings and customer acceptance of products; general market conditions, fluctuations in currency exchange rates, changes to systems and product strategy by vendors of systems; and whether NanoTech Entertainment, Inc. can successfully gain market share. Actual results may differ materially from those contained in the forward-looking statements in this press release. 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, NanoTech Media Logo, NanoTech Gaming Labs Logo, NanoTech Communications Logo, MagicScreen Logo, 4K Studios Logo, NanoTech 4K Ultra HD logo, UltraFlix, Nuvola NP-1, Nuvola NP-C, and ProFlix UHD are trademarks of NanoTech Entertainment. “The Future of Television” and “The Future of Entertainment” are Service Marks of NanoTech Entertainment. All rights reserved. All other marks are the property of their respective owners.
NanoTech Entertainment, UltraFlix, ProFlix UHD, NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10, Nuvola NP-H1, Nuvola SC-1, 4K Studios, Magic Screen 3D, Clear Memories and associated logos are trademarks of NanoTech Entertainment, Inc.. All rights reserved. All other marks are the property of their respective owners. “The Future of Television” and “The Future of Entertainment” are service marks of NanoTech Entertainment, Inc., All Rights Reserved
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