SAN JOSE, Calif. — (BUSINESS WIRE) — March 1, 2016 — NanoTech Entertainment ( OTCPINK: NTEK) announced today that UltraFlix , home of more than 1,000 hours of Hollywood movies, stunning documentaries, award-winning TV series and concerts, is now available on NVIDIA SHIELD Android TV. This highly coveted box transforms your TV experience with 4K streaming, advanced gaming, and Android TV. NVIDIA SHIELD is an amazing Ultra HD streaming media player, delivering incredible resolution from top apps like UltraFlix, Netflix, YouTube, KODI (XBMC), and PLEX. Vivid 10-bit color and rich Dolby 7.1 surround sound make this a true home theater experience.
“… the most powerful streaming TV set-top box ever made.” – The Wall Street Journal.
NanoTech has been building its 4K library for nearly two years to deliver an extensive collection of 4K entertainment. With a combination of native 4K digital titles, 4K film scanning, high-quality scaling techniques and a dedicated team of video artists, UltraFlix has successfully amassed a selection of Hollywood hits from major studios such as Paramount, MGM, Millennium, Magnolia and Warner. Award-winning documentaries made for IMAX theatres, hot new TV series from A&E Networks, concert series and stunning time-lapse motion art from top independent producers from around the globe round out the mix.
“4K TVs were one of the hottest consumer electronics purchases this holiday season. Shipments of 4K Ultra HDTVs surpassed expectations in 2015, reaching 6 million units in North America, with forecasts to double that level to 12 million units in 2016, according to data just released by market research firm DisplaySearch/HIS,” said Aaron Taylor, NanoTech's Executive Vice President of Sales & Marketing. “Together with NVIDIA, we believe bridging high-end gaming with high-end entertainment will bode very well for this exploding market of 4K.”
“SHIELD is changing the way we enjoy digital entertainment at home,” said Ali Kani, General Manager of SHIELD at NVIDIA. “Featuring UltraFlix on SHIELD Android TV provides a vast selection of visually stunning 4K content.”
Offering the world’s largest library of 4K Ultra HD content, UltraFlix is a streaming network that enables users to choose from a library of pristine 4K Ultra HD VOD content in a broad range of categories, including hours of free content. UltraFlix has also become the preferred 4K set-top box and Smart TV App for leading 4K Smart TV manufacturers including Samsung, Sony, Vizio, HiSense and others that are in the process of completing their testing and integration. www.UltraFlix.com.
About NanoTech Entertainment
Headquartered in San Jose, CA, the heart of Silicon Valley, NanoTech Entertainment is a technology company that focuses on 4K media procurement, production, processing and delivery. NanoTech’s solutions includes the world's first 4K Ultra HD streaming service which is now found on most major 4K TV and OTT streaming devices. NanoTech’s 4K Studios creates digital 4K Ultra HD content using both licensed materials as well as original productions. 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.