NP-1 Player Features NanoTech's UltraFlix All-4K Streaming VOD Network for Demonstrating the Full Potential of JVC D-ILA 4K e-Shift3 ProjectorsSAN 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: Email Contact
Investor Contact: Dan Wong