NanoTech Entertainment's Nuvola NP-1 Awarded Storage Visions 2014 Visionary Product Award
January 06 2014 - 9:03AM
Business Wire
World’s First 4K Ultra HD Streaming Media
Player that Delivers High Performance with nVidia Tegra 4 Processor
named 2014 Visionary Home Entertainment Product of the Year
NanoTech Entertainment (OTCPINK: NTEK), a pioneer in bringing
the 4K Ultra HD experience to consumers, announced today that its
Nuvola NP-1™ 4K Ultra HD streaming video player has been honored
with a Storage Visions® 2014 Visionary Product Award in the Home
Entertainment category. The Nuvola NP-1 is the world’s first
streaming media player that supports 4K Ultra HD movies and
videos.
NanoTech Entertainment's Nuvola NP-1
Awarded Storage Visions 2014 Visionary Product Award (Photo:
Business Wire)
NanoTech’s Nuvola NP-1, one of 23 finalists for the award, was
selected for the award by a panel of industry experts and
journalists whose priority was to recognize products that fulfill
the vision of a digitally-connected universe of products and
services.
Tom Coughlin, president of Entertainment Storage Alliance and
Coughlin Associates and one of the organizers of Storage Visions
2014, presented the award and stated, “4K Ultra HD content is going
to be an exciting market space for consumers and the entertainment
industry. Technology that will help deliver 4K to the home is
certainly worthy of being a Storage Visions Visionary award
winner.”
The award was presented to NanoTech’s Founder and creator of the
NP-1, David R. Foley, at the Storage Visions Conference award
reception, which took place on January 5, 2014 in the Riviera Hotel
Convention Center in Las Vegas, NV. This is the 10th year the
Storage Visions Conference recognized companies who advance storage
technologies used in consumer electronics, the media/entertainment
industries and visionary products for the digital content value
chain. In previous years, industry leaders such as Hitachi Data
Systems, Intel, Samsung and Toshiba received the award.
“We are honored to have the Nuvola NP-1 chosen for the esteemed
Storage Visions Visionary Product Award,” said Mr. Foley. “It is a
recognition of the entire NanoTech team’s commitment to providing
affordable, ground-breaking technology that enhances the consumer’s
entertainment experience and truly delivers The Future of
Television.”
The NP-1 is powered by a NVIDIA® Tegra® 4 Quad Core Mobile
Processor with 2GB DDR3 RAM and incorporates 72 custom NVIDIA
GeForce® GPU cores to deliver enormous processing power and
realistic graphics. More than a 4K streaming media player, the
Nuvola will work with any brand, any resolution of television and
isn’t limited to just playing downloaded 4K content—it also streams
4K Ultra HD content.
In addition to being able to decode 4K Ultra HD content, it can
decode HD, SD and 3-D movies in addition to playing state-of-the
art 3-D Video games. 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, Hula
Plus, XBMC, Amazon Instant and YouTube, which come
pre-installed.
NanoTech’s Foley, will be speaking at the Storage Visions 2014
“Opportunities and Challenges for Consumer Solutions” session held
at the Riviera Convention Center in Las Vegas. During the session,
Foley will discuss viable solutions to the 4K content dilemma--the
limited availability of 4K content is affecting 4K Ultra HD TV
sales but content developers want to see 4K Ultra HD TV sales
increase before they increase production of 4K content.
Availability/Pricing
The Nuvola NP-1 is available for new customers in January
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. Upgradeable and expandable,
the Nuvola NP-1 features a variety of industry standard ports for
MicroSD and USB connections that enable users to install a variety
of accessories, options and storage attachments. For more
information on Nuvola 4K media players, call (408) 414-7355, email
info@nanotechent.com or visit http://www.nuvola4k.com.
About the Storage Visions
Conference
The thirteenth annual Storage Visions Conference, which will be
held at the Riviera Hotel Convention Center in Las Vegas, Nevada,
January 5-6, 2014, will feature comprehensive sessions on all
aspects of the digitally-connected universe of products and
services with the theme of “Fast is Beautiful, but Size Matters.”
More information is available on the conference at
www.storagevisions.com.
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 3-D,
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 and Nuvola NP-1are
trademarks of NanoTech Entertainment. All rights reserved. All
other marks are the property of their respective owners.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140106005986/en/
NanoTech EntertainmentAgency Contact:Andy Marken,
408-986-0100Andy@Markencom.comorInvestor Contact:Christian Hansen,
858-381-4677chhansen@nanotechent.com
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