LAS VEGAS, Jan. 9, 2015 /PRNewswire/ -- NanoTech
Entertainment (OTC Pink: NTEK), a pioneer in bringing
state-of-the-art television experiences to consumers, today
announced that UltraFlix™, its all 4K streaming network, has been
honored with the Envisioneering Innovation and Design Award at the
ShowStoppers event held during the 2015 Consumer Electronics Show
(CES) in Las Vegas this week.
UltraFlix was selected for the award by a team of inventors,
technologists, psychologists, marketers, industrial designers and
researchers at The Envisioneering Group. Products submitted
by more than 100 companies participating in ShowStoppers
were reviewed to determine which were the most innovative.
With more than 500 hours of pristine digital 4K films, including
a 34 made-for-IMAX films, UltraFlix offers the world's largest
library of 4K VOD content. UltraFlix movie categories range from
sci-fi, action/thriller, comedy, drama and family movies to extreme
sports videos, concerts, TV shows, special events and moving
murals. UltraFlix also offers 100 hours of free content.
UltraFlix streams more than 8 million pixels of resolution in 4K
Ultra HD, compared to just two million pixels in HD. The
software provides a remarkably superior viewing experience with
incredible color, image edge clarity and increased depth
perception. By leveraging a combination of the latest HEVC
compression standards along with NanoTech's 4K Studios proprietary
methods, NanoTech's UltraFlix streaming 4K Ultra HD software
achieves up to 50 percent better compression than traditional
streaming networks; effectively delivering the same 4K Ultra HD
quality at nearly half the bitrate. With enhanced video
compression, adaptive streaming and intelligent bandwidth
management technologies, UltraFlix can stream visually lossless 4K
video with uninterrupted viewing at under 8Mbps, making 4K Ultra HD
available to most North American and European internet subscribers
today.
"Envisioneering has more than 30 years of experience in
assessing and leveraging new and emerging technologies, inventions,
products and services that are beneficial to consumers," said
Aaron Taylor, NanoTech's Executive
Vice President of Sales & Marketing. "We are truly honored to
be recognized by such a prestigious group."
About NanoTech Entertainment
Headquartered in
San Jose, CA, the heart of Silicon
Valley, 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.
NanoTech Entertainment, NanoTech Media, NanoTech Gaming Labs,
NanoTech Communications, MagicScreen, 4K Studios, 4K Ultra HD logo,
UltraFlix, NanoFlix, Nuvola GP-1, Nuvola NP-H1, Nuvola TV-U1,
Nuvola NP-1, Nuvola NP-C, and ProFlix UHD and their
associated logos are trademarks of NanoTech Entertainment. "The
Future of Television", "The Future of Gaming" and "The Future of
Entertainment" are Service Marks of NanoTech Entertainment. All
rights reserved. All other marks are the property of their
respective owners.
Agency Contact: Andy Marken
Phone: (408) 986-0100
Email: Andy@Markencom.com
Investor Contact: Dan Wong
Phone: (858) 381-4677
Email: dwong@ntek.com
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SOURCE NanoTech Entertainment