NTEK NanoTech Entertainment Inc (CE)

FOR IMMEDIATE RELEASE

 

Contact:         
Christian Hansen

Phone:  
          (858) 381-4677

Email:
            
chhansen@nanotechent.com

                 

 

NANOTECH STRENGTHENS
COMMERCIAL BUSSINESS WITH ACQUISITION OF MAGICSCREEN3D

 

Glassless 3D Products Expand NanoTech?s Commercial
Media Produce Offerings

 

San Jose, CA
? July 22, 2013 ?NanoTech
Entertainment  (OTCPINK: NTEK) announced
that it has executed a definitive agreement to acquire MagicScreen3D, Inc.,
market leaders in the commercial implementation of glassless 3D screen
technology.  

 

Jeff Foley,
NanoTech CEO stated ?We are excited to add the MagicScreen3D products and IP to
our portfolio.  This acquisition will
help continue our move into the commercial media space.?  Carl Wiseman, MagicScreen3D CFO commented ?We
are excited to become part of the NanoTech family.  NanoTech has quickly been establishing itself
as a market leader in the media space and has a very forward thinking approach
to implementing and deploying the latest technology.?

 

Los Gatos, CA
based MagicScreen3D has already rolled out its products with partners including
Red Bull and venues including the Marquee in Las Vegas.  A research study conducted by the University
of Tilburg revealed that Red Bull advertising content on a glasses-free 3D
monitors increases customer?s attention by almost 45%. Also, the research
indicated a positive impact on the sales (an 8.5% increase) of Red Bull
products during the 3D advertisement test period. ?By giving the viewer a true
3D experience while not requiring any glasses allows the MagicScreen3D products
to help quickly captivate viewers,? Foley added.

 

Wiseman noted
?Our clients have found that the interactivity and amazing 3D graphics produced
by our screens helps customers not only engage more quickly, but also increases
interaction and retention of the subject matter.?  MagicScreen3D offers solutions for a variety
of uses including point of sale advertising, retail advertising, promotional
kiosks and creative window displays.

The transaction,
which is subject to customary closing conditions, is expected to close by the
end of July.

 

About MagicScreen3D

MagicScreen3D provides next-generation solutions to increase user
retention and interaction with retail and entertainment products. This enables
brands to capture customer attention, measure response, and capture return on
investment data on marketing campaigns. In addition, 3D advertising allows a
higher memory retention level compared to traditional forms of advertising. The
Client provides no-glasses-3D displays designed to stop customers and grab
their attention thus increasing brand recognition and sales. For more
information, please visit:

www.magicscreen3d.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 four technology business units, focusing on 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 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. 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.

 

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The NanoTech Entertainment logo is a
trademark of NanoTech Entertainment, Inc. NanoFlix, NanoTales, NanoBooks,
Nuvola

NP-1, Nuvola NP-C, Nuvola GP-1,
Nuvola RF-10 are trademarks of NanoTech Media Corporation. 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