NanoTech and OUYA Partner to Bring Games to the Nuvola NP-1 Streaming Media Player

Powerful Tegra 4-based Nuvola Enables Access to Hundreds of Controller-Optimized Games for TV Play

SAN JOSE, Calif.--()--NanoTech Entertainment (OTCPINK:NTEK), announced today it has signed a worldwide software agreement with OUYA, Inc. that enables NanoTech’s award-winning Nuvola NP-1™ 4K Ultra HD streaming media player to have OUYA embedded and featured in the Nuvola User Experience. As part of the new OUYA Everywhere initiative, which aims to bring OUYA content to new platforms, the agreement allows NP-1 users to access hundreds of games, with more added each month.

Powered by NVIDIA® Tegra® 4 and compatible with the OUYA Wireless Controller, the Nuvola NP-1 delivers OUYA’s roster of titles into the living room, giving users a gaming experience optimized for large-screen TVs, and further expanding exposure to independent developers via the open platform. With the Tegra’s 72 powerful GPU cores and advanced rendering capabilities, games come to life just as the creators intended.

“During our first year, we’ve worked with emerging and established game developers to bring OUYA users a huge offering of original content,” said Julie Uhrman, CEO and founder of OUYA. “Our OUYA Everywhere initiative is about expanding beyond our hardware to bring these titles into as many living rooms as possible. NanoTech is exactly the kind of partner we like working with, and we can’t wait to introduce our games to NP-1 users.”

In addition to being able to play OUYA-exclusive games, the Nuvola NP-1 can decode 4K Ultra HD content as well as HD, SD and 3D movies. It can also stream content from a variety of sources, including the bundled UltraFlix™ UHD channel, featuring over 100 hours of UHD content.

“OUYA is well-known as an innovator in the TV gaming space,” said NanoTech’s Executive Vice President of Sales & Marketing, Aaron Taylor. “We’re excited about the NP-1 opening up a whole new world of gaming for our customers. One of the key features we know our NP-1 users will enjoy is that they can try out hundreds of titles for free before deciding if they want to buy them.”

Both the OUYA platform and the Nuvola NP-1 are based on Google’s Android operating system, the most advanced device OS available. Both companies are focused on content designed for television playback. NP-1 users who have an OUYA Game Controller will be able to connect up to four controllers to enjoy multiplayer games.

Availability & Pricing

OUYA will be embedded in the Nuvola NP-1 beginning this quarter. NanoTech’s multifunction Nuvola NP-1 4K Ultra HD streaming media player, the world’s first streaming media player that supports 4K Ultra HD content, is currently in production and will be available for new customers this quarter at $299. Measuring just 3½ in by 4 in, the Nuvola NP-1 features built-in Ethernet, state-of–the-art 2x2 Wi-Fi and Bluetooth communications to enable reliable connectivity with remotes, game controllers and many other devices--wirelessly or by connecting to the USB port. For more information on the Nuvola NP-1 4K Ultra HD media player, call 1.408.414.7355, email info@ntek.com or visit http://www.nuvola4k.com.

About OUYA

OUYA is a new kind of game platform that enables any creator to publish a game for the TV. Launched with the OUYA game console in 2013, OUYA has hundreds of games from established AAA developers to emerging game artists. OUYA also has plenty of entertainment content in 1080p HD quality. OUYA, built on an accessible and open platform, was envisioned by founder and CEO Julie Uhrman. The OUYA console was beautifully designed by award-winning designer Yves Behar.

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: 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.

The NanoTech Entertainment logo, NanoTech Media Logo, NanoTech Gaming Labs Logo, NanoTech Communications Logo, MagicScreen Logo, 4K Studios Logo, NanoTech 4K Ultra HD logo, UltraFlix, Nuvola NP-1, Nuvola NP-C, and ProFlix UHD 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.

Contacts

Agency Contact:
Andy Marken, 408-986-0100
Andy@Markencom.com
or
Investor Contact:
NanoTech Entertainment
Christian Hansen, 858-381-4677
chhansen@nanotechent.com
or
OUYA Communications:
TriplePoint PR
Chris Schmidt, 415-205-8847
chris@triplepointpr.com
or
OUYA Investor Relations:
Joseph Jaffoni, Norberto Aja, Jim Leahy, JCIR, 212-835-8500
mcz@jcir.com

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Contacts

Agency Contact:
Andy Marken, 408-986-0100
Andy@Markencom.com
or
Investor Contact:
NanoTech Entertainment
Christian Hansen, 858-381-4677
chhansen@nanotechent.com
or
OUYA Communications:
TriplePoint PR
Chris Schmidt, 415-205-8847
chris@triplepointpr.com
or
OUYA Investor Relations:
Joseph Jaffoni, Norberto Aja, Jim Leahy, JCIR, 212-835-8500
mcz@jcir.com