PR Newswire | 08 May, 2015
SAN JOSE, Calif.: 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, UltraFlixâ¢, 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."
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
Investor Contact: Dan Wong
Phone: (858) 381-4622
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SOURCE NanoTech Entertainment