SAN JOSE, Calif., May
8, 2015 /PRNewswire/ -- NanoTech Entertainment (OTCPINK:
NTEK), a pioneer in bringing the 4K experience to consumers,
announced today a licensing agreement with Film Karavan, the
leading distributor of premium Indian movies. With the
agreement, UltraFlix™, NanoTech's award-winning 4K Ultra HD
network, has been granted the distribution rights to the Film
Karavan library of full-length feature movies as well as ongoing
new releases from their Film Partners around the Globe.
4K Studios, a NanoTech subsidiary with facilities in
San Francisco and Hollywood, is currently in the process of
digitally re-mastering the films for immersive crystal clear 4K
Ultra HD viewing. The Bollywood hits being added to the
UltraFlix network's growing library of 4K content include:
Romance: Jab Tak Hai
Jaan, One By Two, Fanaa
Drama: ISHAQZAADE,
Kabhi Khushi Kabhie Gham, Mohabbatein
Action
Thriller: EK Tha Tiger, Agneepath,
Gunday
Horror: DARR @ The Mall,
Dhoom:3, Kahaani
Comedy: OMG
Oh My God, Hum Tum, Andaz Apna Apna
"Film Karavan has been one of the most recognized and successful
distributors of Top Selling Indian Films for years. With a
vast catalog of top quality films and well established Film Studio
partnerships, we are adding a large quantity of quality films to
the UltraFlix Network," said Aaron
Taylor, NanoTech's Executive Vice President of Sales and
Marketing. "We're excited about partnering with Film Karavan so our
viewers can enjoy a wide variety of movies from the rapidly growing
Indian genre. All of the films will be digitally re-mastered
by 4K Studios providing the most incredible detail and amazing
depth of 4K."
"UltraFlix is an exciting new all 4K network that allows studios
like ours to deliver the best quality customer experience with the
digitally enhanced renditions of their Films," said Pooja Kohli, Director of Content Acquisition and
Distribution of Film Karavan. "The 4K TV market is poised for
tremendous growth this year, now forecasted to reach over 7M sets
just in the US, and double that worldwide. Thanks to
UltraFlix, many award winning Indian Films will for the
1st time ever have the ability to stream in 4K to any
and all of these 4K TVs."
About UltraFlix
Offering the world's largest library of 4K content, UltraFlix is
a streaming network that enables subscribers to choose from a
library of pristine 4K Ultra HD VOD content in a broad range of
categories plus hours of free content. UltraFlix has also become
the preferred 4K STB and Smart TV App for leading 4K Smart TV
manufacturers including HiSense, Samsung, Sony, Vizio and others
that are in the process of completing their testing and
integration. For more information visit
www.UltraFlix.com.
About Film Karavan
FilmKaravan develops, produces, promotes and distributes South
Asian specialty films for a global audience. We foster and showcase
ground-breaking cinema of the subcontinent through unique platforms
and events. http://www.filmkaravan.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 seven technology business units, focusing on 3D, Content,
Media & IPTV, Mobile Apps, and Manufacturing, the company has a
unique business model. The company has a diverse portfolio of
products and technology. 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. Ultra Media Group focuses on the acquisition and
licensing of content. UMG also develops and creates original
programming and live events for use on NanoTech networks.
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" and "The Future of Entertainment" are Service
Marks of NanoTech Entertainment. All rights reserved. All other
marks are the property of their respective owners.
Marketing Contact: Aaron Taylor
Phone: (408) 414-7355 x134
Email: Aaron@ntek.com
Investor Contact: Dan Wong
Phone: (858) 381-4622
Email: dwong@ntek.com
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SOURCE NanoTech Entertainment