NanoTech Entertainment (NTEK) Releases Nuvola NP-1 4K Ultra HD Media Player for Manufacturing
December 13 2013 - 02:30PM
Business Wire
World-Leading Manufacturer Producing Nuvola
NP-1 and NP-C Streaming 4K Ultra HD Media Players Powered by nVidia
Tegra 4
NANOTECH ENTERTAINMENT (OTCPINK: NTEK) announced today it has
reached an agreement with the world’s leading contract
manufacturing facility for long term production of its
state-of-the-art Nuvola NP-1™ and NP-C™ consumer and commercial
streaming media players. Earlier this year, the company announced
it had partnered with nVidia to use the Tegra 4 processor to power
the players.
In making the announcement, Jeff Foley, NanoTech Entertainment
CEO, said, “We are elated to have the world-leader in consumer
electronics manufacturing, having built products such as the iPhone
and PlayStation, building the Nuvola products for us. nVidia has
strict requirements for ODM manufacturing, ensuring that the Nuvola
products will be manufactured to the most exacting standards
expected by today’s consumers.”
Foley predicts, “Production and fulfillment will begin
immediately, providing us with the ability to clear our tremendous
backlog of pre-orders and have product available for the public
debut at the CES 2014 January 7-10 in Las Vegas (South Hall, Booth
#21912). We are extremely excited to begin production of the Nuvola
product, which will deliver the ‘Future of Television’ to consumers
around the world.”
The Nuvola NP-1 is a multifunction device that can be used to
decode a variety of video formats and resolutions including 4K
Ultra HD, HD, SD and 3-D movies as well as playing state-of-the art
3-D Video games. Based on the Android operating system, the Nuvola
can also operate hundreds of thousands of existing apps bringing
the experience to your television. It can also stream content from
a variety of sources, including the bundled UltraFlix UHD channel
which serves 4K content for streaming and other services such as
Netflix, Hulu Plus, XBMC, Amazon Instant Video and YouTube, which
come pre-installed.
The Nuvola NP-1 can be connected via Ethernet or Wi-Fi to any
network. Users with 6Mbit/s or greater Internet connections can
view videos in full 4K Ultra High Definition. Commercial users can
use the Nuvola NP-1 to drive digital signage tv in 4K Ultra HD at a
fraction of the price of current HD players.
Availability/Pricing
The Nuvola NP-1 will be available for new customers in Q1
2014 for $299. Measuring just 4 inches by 4 inches, the
multifunction set top box comes with an ergonomically designed
second-generation Bluetooth remote as well as over fifteen video,
audio, social media and communications applications and five games
pre-installed. Access to ten Streaming Movies is also provided free
of charge on the UltraFlix UHD Network. Available as an option, the
Nuvola RF-10 remote features a 3-axis motion sensor for game play,
handheld mouse control and a full QWERTY keyboard for fast and
convenient on-screen text entry.
NanoTech also offers the commercial grade Nuvola NP-C 4K
Ultra HD media streaming player, which will be available Q1 2014
for $699. The Nuvola NP-C features built in Ethernet, state of the
art 2x2 Wi-Fi, and Bluetooth. Users can connect remotes, game
controllers and many other devices wirelessly or by connecting to
the USB port.
For more information on the Nuvola 4K media players, call
1.408.414.7355, email info@nanotechent.com or visit
http://www.nuvola4k.com.
NanoTech will be providing Nuvola demonstrations at Storage
Visions, January 5-6 at the Riviera Convention Center; and at CES,
January 7-10 in the South Hall, Booth #21912. To schedule a
briefing on the 4K streaming media solutions, contact Andy Marken
at andy@markencom.com or 408-390-0002.
About NanoTech
Entertainment
Headquartered in San Jose, CA NanoTech Entertainment is a
technology company that focuses on all aspects of the entertainment
industry. With five 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 Ultra
HD 4K 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 Ultra HD 4K
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.NanoTechEnt.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, UltraFlix, NanoFlix, NanoTales,
NanoBooks, Nuvola NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10,
Nuvola NP-H1, Nuvola SC-1, Nuvola TV-U1are trademarks of NanoTech
Entertainment, “The Future of Television” and “The Future of
Entertainment” are service marks of NanoTech Entertainment, Inc.,
All Rights Reserved. All rights reserved. All other marks are the
property of their respective owners.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20131213005771/en/
Agency Contact:Andy Marken,
408-986-0100Andy@Markencom.comorInvestor Contact:NanoTech
EntertainmentChristian Hansen,
858-381-4677chhansen@nanotechent.com
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