LAS VEGAS, Nev., March 20, 2013 /PRNewswire/ -- NANOTECH
ENTERTAINMENT (OTCPINK: NTEK) today announced from the Amusement
Expo 2013 that it has reached an exclusive agreement with
London based Electrocoin Sales LTD
to manufacture, sell and distribute its line of coin-op and gaming
products. With many new products and technologies destined
for the gaming market, NanoTech CEO Jeffrey
A. Foley stated, "We are thrilled to be working with one of
the most prestigious names in the European amusement business."
NanoTech will debut its upcoming Jumper and Masher games to the
European market at the Electrocoin Park Avenue Open Day event in
London in June 2013. The
Park Avenue Open Day events have been long filled with surprise
announcements and releases by Electrocoin. John Stergides,
Managing Director of Electrocoin, commented, "NanoTech has very
interesting technology and ideas, and we are looking forward to
working together to build unique products that are optimized for
the UK and European market. We have enjoyed success in the past
with members of NanoTech team and we are pleased to be working
together again."
NanoTech will create specialized versions of its video
redemption products that will be centered around the Skill with
Prize market in the UK. These games feature the ability to
pay out prizes in cash or items based on the skill of the
player. Foley continued, "By creating unique SWP machines we
anticipate an increase in revenue of over $1M to our original sales forecast as we had not
included this potential market in our original plans for
2013." Foley closed by stating, "We are very excited to work
with Electrocoin, who has been a market leader in the European coin
industry since the mid 70's. John has invaluable knowledge
not only about the market, but also about gameplay and the tuning
of coin-operated products. We are excited to not only offer
our technology to Electrocoin, but to also work together in
developing new products that are earmarked for their specific
market needs."
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