SAN JOSE, Calif., Feb. 13, 2013 /PRNewswire/ -- NANOTECH
ENTERTAINMENT (OTCPINK: NTEK) today announced the completion of its
expansion to Silicon Valley with the opening of a new headquarters
in San Jose, CA. NanoTech
has signed a multi-year lease for the multi-use building which
contains office space, R&D facilities and warehouse
space.
Jeffrey A. Foley, NanoTech CEO,
stated, "With Governor Brown leading the way offering tax
incentives to businesses, San Jose
has once again become the prime location for expansion of the tech
industry." Foley continued, "Recent announcements from
industry giants NVidia and Samsung developing nearby campuses only
helps to support our decision for the move."
NanoTech will keep a presence in Las
Vegas but with the expansion of the Media group, the Silicon
Valley location was chosen to optimize business opportunities and
partnerships. The new facility located in North San Jose at Montague and Kruse is surrounded by some of
the biggest high tech companies in the world. Foley closed by
stating "in addition to enjoying a very close location the many of
our new business partners, we also are excited about tapping the
resources available for new employees as we expand. With
schools like Ex'pression College for Digital Arts opening a new
campus nearby, we are excited about the opportunity to hire the
brightest and most talented people as we continue to grow."
About NanoTech Entertainment
Headquartered in San Jose,
CA, with operations in NV and MA, NanoTech Entertainment is
a technology company that focuses on all aspects of the
entertainment industry. With three business units, focusing
on Gaming, Media & IPTV and Mobile Apps, 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 Communications develops
and sells proprietary apps and technology in the Mobile and
Consumer space. 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.NanoTechEnt.com.
NanoTech Entertainment (OTCPINK: NTEK) trades on OTC Pink, the
open marketplace for a wide spectrum of equity securities.
Investors can find real-time quotes and market information at
www.otcmarkets.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.
The NanoTech Entertainment logo is a trademark of NanoTech
Entertainment, Inc. All rights reserved. All other marks are the
property of their respective owners. "The Future of
Television" is a service mark of NanoTech Entertainment, Inc., All
Rights Reserved
Contact: Denise Clifford
Phone: (702) 518-7410
Email: denise@nanotechent.com
SOURCE NanoTech Entertainment