SAN JOSE, Calif., Jan. 20, 2015 /PRNewswire/ -- NanoTech
Entertainment (OTCPINK: NTEK), a pioneer in bringing the 4K Ultra
HD experience to consumers, announced today that it has entered
into an agreement with JVC (JVCKENWOOD USA Corporation), the brand associated with
the best in audio and video technology since 1927. Under the
agreement, JVC will offer select distributors two of NanoTech's
award-winning products for their showrooms--the Nuvola NP-1™
consumer 4K Media Player and UltraFlix™, NanoTech's all-4K
streaming VOD network which will come preinstalled on the NP-1
player.
JVC distributor showrooms are used for dealer trainings and to
provide integrators with a place to bring prospective customers for
demos. With the NP-1 player and UltraFlix's vast library of 4K
Ultra HD content, JVC distributors can demonstrate the theater-like
picture quality of JVC D-ILA (Digital Direct Image Light Amplifier)
Home Theater Projectors. The bundles will be offered to JVC
distributors for a limited time starting February 1 through February 28, 2015.
The Nuvola NP-1 is a multifunction consumer device that can be
used to decode a variety of video formats and resolutions including
4K Ultra HD, HD, SD and 3D movies. UltraFlix, the recipient of the
Envisioneering Innovation & Design award at the 2015 CES in
Las Vegas, NV, is the
source for the world's largest and most diverse library of
4K VOD content. With UltraFlix, users will have one-click access to
more than 500 hours of pristine 4K Ultra HD PPV content, including
25 made-for-IMAX® theatrical titles, 50 superstar concerts and a
wide selection of action/thriller, comedy, drama and family movies
as well as breath-taking extreme sports videos, TV shows and 100
hours of dazzling free content.
Based on the Android™ Operating System, the Nuvola
also provides fast, easy website access as well as access to
thousands of video games and applications from NVIDIA®
Tegra® Zone and the Google Play™
Store.
The Nuvola NP-1 player connects to the JVC
4K e-shift3 projectors via their Native 4K-enabled HDMI
inputs to deliver sharp, theater-like images.
The JVC projector lineup includes the DLA-X500R, DLA-X700R and
DLA-X900RKT with class-leading Native Contrast Ratios of 60,000:1,
1,200,000:1 and 150,000:1 respectively. What makes JVC
projectors unique is the use of three D-ILA imaging chips (one each
for red, green and blue) to ensure natural, flicker-free image
reproduction with 3840x2160 resolution on-screen. The complete line
of D-ILA projectors also features JVC's exclusive 4K e-shift3
technology which accepts Native 4K 60P through the 4K-enabled HDMI
inputs and up-converts existing 1080P sources to 4K precision.
"One of the biggest issues facing the 4K projector market has
been a lack of available content, " said Roger West, General Manager. " With NanoTech's
Nuvola NP-1 and UltraFlix able to bring more than 500 hours of 4K
Ultra HD content to our D-ILA Projector distributors,
the availability of 4K content is no longer an issue. That creates
a compelling value proposition for the JVC distributors we're
targeting with this special offer as well as their dealers and
their dealers' customers."
"JVC home theater projectors are among the most innovative and
most highly rated," said Aaron
Taylor, NanoTech's Executive Vice President of Sales &
Marketing. "We share their commitment to delivering ground-breaking
technology with the highest quality and are delighted to bring the
world's largest and most diverse library of 4K VOD content to JVC's
customers."
About JVCKENWOOD USA
Corporation
JVCKENWOOD USA Corporation is a
wholly-owned subsidiary of JVCKENWOOD Corporation and is a leading
developer of imaging, home and car entertainment and navigation
products for the consumer market, and two-way radio communications
systems for public safety, private industry and amateur users and
video equipment for the broadcast and professional markets. For
detailed information, call JVC at 1-800-252-5722 or visit us
at www.jvc.com.
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.
NanoTech Contact: Andy Marken
Phone: (408) 986-0100
Email: andy@markencom.com
Investor Contact: Dan Wong
Phone: (858) 381-4677
Email: dwong@ntek.com
JVC Contact: Terry Shea, Brand
Definition
Phone: (973) 317-5169
Email: terry@brand-definition.com
Logo - http://photos.prnewswire.com/prnh/20140929/149073
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/nanotechs-nuvola-np-1-4k-ott-streaming-media-player-included-in-jvcs-new-distributor-showroom-offer-300022724.html
SOURCE NanoTech Entertainment