SAN JOSE, Calif.--(BUSINESS WIRE)--NanoTech Entertainment (OTCPINK: NTEK), a pioneer in delivering the 4K Ultra HD experience to consumers, announced today that the 4K Studios division of NanoTech has entered into a distribution agreement with Multicom Entertainment Group, an independent global content distributor of feature-length movies and TV shows. 4K Studios is repurposing and enhancing over 30 full-length 35mm films which will be available in many territories on UltraFlix™, the streaming content channel that is quickly becoming the World’s largest source for a wide array of 4K Ultra HD content.
With the agreement, UltraFlix subscribers can enjoy a unique selection of Action/Thriller, Comedy, Drama and Family movies, previously available only on SD and HD formats, now in pristine 4K. In addition, 4K Studios has secured content arrangements with a number of award-winning producers from around the globe to add dozens of visually stunning nature, travel, lifestyle and extreme sports documentaries to the service’s library.
“I’m confident we’ll soon experience a major surge in 4K TV sales as NanoTech takes aggressive preemptive steps to offer end users with a vast 4K content library this early in the game,” said Aaron Taylor, NanoTech's Executive Vice President of Sales & Marketing. “Our 4K film scanners are running around the clock, breathing new life into vast 35mm content libraries. The result will be a broad and deep catalog of enhanced 4K content complementing the native 4K titles currently available.”
NanoTech’s UltraFlix streaming service can be used to deliver 4K Ultra HD content on a variety of TVs and devices, including NanoTech’s award-winning Nuvola NP-1™ 4K streaming media player. The Nuvola NP-1, which is available with UltraFlix and several video, gaming and social media applications pre-installed, is a multifunction device that can stream videos in HD, SD and 3D formats as well as 4K Ultra HD. Because the NP-1 uses an Android-based operating system, users have fast, easy web access and can also access thousands of video games and applications from the nVidia Tegra Zone and the Google Play Store.
NanoTech also offers a commercial-grade 4K Ultra HD video service, ProFlix UHD™ that can be bundled and pre-loaded on NanoTech’s NP-C™ commercial 4K streaming media players for 4K Ultra HD demonstrations and displays for retail outlets and at trade shows.
“4K Studios ability to create pristine 4K digital masters from our library of 35mm films has presented us with a whole new monetization opportunity,” stated Irv Holender, founder of Multicom Entertainment Group. “Not only can these movies and shows be enjoyed as the cinematographer has always intended, our firm will also receive amazing-quality HD master files which can be further monetized on other delivery platforms.”
UltraFlix, the world’s first dedicated 4K Ultra HD IPTV/OTT channel is available now on the Nuvola NP-1, and will be available on a variety of other 4K Ultra HD devices and TV’s later this year.
Nuvola NP-1, the world’s first consumer streaming media player that supports 4K Ultra HD content, is currently in production and will be available for new customers later this quarter for $299. For more information on UltraFlix or the Nuvola 4K streaming media players, call 1.408.414.7355, email email@example.com or visit http://www.nuvola4k.com.
About Multicom Entertainment
Headquartered in Los Angeles, Multicom Entertainment Group was established by veteran television executive Irv Holender to serve as an independent global television distribution company with a focus on the worldwide television market, as well as digital media platforms including pay-per-view, Internet, mobile channels, co-productions, publishing, licensing and merchandising. Multicom Entertainment is also involved in co-productions of original programming, working in joint venture with leading broadcasters and entertainment companies.
About NanoTech Entertainment
Headquartered in San Jose, CA 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: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. 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.
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