Repurposed Film by 4K Studios Will Be Streamed by UltraFlix Distribution Service and Delivered in 4K on the Award-Winning Nuvola NP-1 Media Player

NanoTech Entertainment (NanoTech) (OTCPINK: NTEK) announced today its 4K Studios, a NanoTech subsidiary, has completed an agreement for the conversion of sci-fi thriller, Mantera, to 4K Ultra HD. NanoTech has entered into a global distribution agreement with Global New Age Media (GNAM®), the largest content provider in Dubai, for distribution of the film with UltraFlix™, NanoTech’s streaming 4K Ultra HD service.

UltraFlix will deliver the film at four times the resolution of full HD on a variety of devices including NanoTech’s award-winning Nuvola NP-1™ 4K Ultra HD streaming media player. Debuted to the public this month at the International CES show, the Nuvola NP-1 is powered by the NVIDIA® Tegra® 4 and can stream 4K Ultra HD movies such as the Mantera film. The NP-1 can also stream videos in HD, SD and 3D formats, as well as 4K. With streaming capabilities, users do not have to wait for downloads or use up the capacity of their drives to store large files.

First released in 2012, Mantera was filmed in Dubai, Moscow and Kuala Lumpur, giving it broad international appeal. The action-packed film combines computer-generated imagery (CGI) and live action to tell the story of a brave young man who saves Mantera (Man Transformable Exo-Robotic Armour) from falling into the wrong hands.

“By working with 4K Studios to convert Mantera into 4K Ultra HD, we’re providing viewers with a new, more exciting entertainment experience,” said Mr. Fayez Sabbagh, Chairman of GNAM. “Mantera combines CGI and live action; and when we saw a preview of the film that was converted to 4K, the results were amazing. There’s just no comparison between CGI HD and CGI Ultra HD,” according to Sabbagh.

NanoTech Vice President of Development, Alex “LX” Rudis agreed and explained why 4K Studio’s conversion process doesn’t just involve upscaling. He said, “Upscaled content is muddy and full of artifacts. It’s just not acceptable for consumers who pay for and expect the true 4K resolution experience.”

4K Studios combines 4K Ultra HD motion picture film-scanning systems with its proprietary post-production processing technology to ensure the content it converts to 4K resolution is clean, crisp and noise free. The scanners are used to make multiple digitizations of each frame of the original 35mm film (or even 16mm) at different light levels in red, green and blue until an HDR 4K image is created for every frame of the film. At the same time, the audio track image from the film is scanned and put into a synchronized audio file.

During scanning, the film is run through a state-of-the-art film processing procedure to repair many of the defects and scratches in the film. The output from this procedure is saved into an uncompressed file and then run through 4K’s proprietary process which compensates for the frame-by-frame deltas in textures, colors and lighting. Once the automated scan is completed, 4K Studios’ editors view the video scene-by-scene, applying gamma and lighting corrections. Any remaining scratches or defects are then repaired by hand. Finally, the master files are compressed using multiple codecs and a variety of proprietary methods and settings which results in final files ready for streaming delivery.

About Global New Age Media (GNAM)

Headquartered in Dubai, Global New Age Media (GNAM) has been a pioneer in the media industry for more than 20 years. The company operates in many countries and cultures around the world and is committed to continued global expansion. Based on its strong platform of diversity, GNAM serves a broad range of industries including TV, Distribution, Education, Production, Mobile, the Internet and Publishing. For more information, visit http://gna-media.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 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 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. 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.NTEK.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.

NanoTech Entertainment, UltraFlix, NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10, Nuvola NP-H1, Nuvola SC-1, 4K Studios, Magic Screen 3D, Clear Memories and associated logos are trademarks of NanoTech Entertainment, Inc.. All rights reserved. All other marks are the property of their respective owners. “The Future of Television” and “The Future of Entertainment” are service marks of NanoTech Entertainment, Inc., All Rights Reserved

Agency Contact:Andy Marken, 408-986-0100Andy@Markencom.comorInvestor Contact:NanoTech EntertainmentChristian Hansen, 858-381-4677chhansen@nanotechent.com

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