SAN JOSE, Calif., Jan. 30, 2015 /PRNewswire/ -- NanoTech
Entertainment (OTCPINK: NTEK), a pioneer in bringing the 4K
experience to consumers, announced today a licensing agreement with
NHNZ (formerly Natural History New Zealand), one of the world's
most awarded independent producers of factual/natural history
content. With the agreement, UltraFlix™, NanoTech's award-winning
4K Ultra HD network, has been granted the distribution rights to
more than 70 full-length high quality documentaries.
4K Studios, a NanoTech subsidiary with facilities in
San Francisco and Hollywood, is currently in the process of
scanning and posting the films for immersive crystal-clear 4K Ultra
HD viewing.
Some of the series being added to the UltraFlix network's
growing library of 4K content include:
- The Adventure Series with 8 "Bite Me" films featuring noted
virologist and daring explorer Dr Mike
Leahy who travels to Brazil, Vietnam, India, Borneo, the Outback, Queensland, Mexico and the US to show what critters to
guard against.
- The Natural Phenomena Series offers films on earthquakes,
volcanic eruptions, tsunamis and tornados.
- The Man Made Marvels of Ancient China Series includes a
fascinating film on China's
Terracotta Warriors and films on amazing megastructures in
China and Taiwan.
- The Natural History category includes the multi-award winning
blue chip Wild Asia series, featuring a remarkable collection of
iconic wildlife from the Earth's most diverse region.
- Other documentaries include "Hunting the Ice Whales," a film
about a team of whale researchers who gather unprecedented data on
whale migration, family groupings and feeding behavior in
Antarctica waters.
"NHNZ has produced award-winning television series and specials
for the Discovery Channel, National Geographic Channel, Travel
Channel, A&E and many others," said Aaron Taylor, NanoTech's Executive Vice
President of Sales and Marketing. "We're excited about partnering
with NHNZ so families can enjoy the beautiful, exotic wonders in
their films with the incredible detail and amazing depth of
4K."
The demand for 4K content is being fueled by the growing
adoption rate of 4K displays. The Consumer Electronics Association
predicts UHD TV shipments will hit 4 million in 2015, up from
around 800,000 shipments last year.
Higher theater admission costs are also accelerating the demand
for streaming 4K content that consumers can enjoy without leaving
the comfort of their homes. Research and consulting firm PwC
recently reported that high ticket prices were the biggest reason
for the 21 percent year-over-year decline in domestic box
office revenues last summer. Of the respondents, 53 percent cited
the rising admission costs over the past five years as one of the
main reason they stayed away. After pricing, 30 percent said they
want to watch movies on their own schedules.
"UltraFlix has solved the key problems that were preventing the
cost-effective delivery of streaming 4K content--bandwidth and
reliable online delivery," said Kyle
Murdoch, NHNZ's Managing Director. "By using enhanced video
compression, adaptive streaming and intelligent bandwidth
management technologies, UltraFlix can stream visually lossless 4K
video with uninterrupted viewing at under 8Mbps. That makes
streaming 4K Ultra HD available to most North American and European
subscribers today," he explained.
About UltraFlix
Offering the world's largest library
of 4K content, UltraFlix is a streaming network that enables
subscribers to choose from over 600 hours of pristine 4K Ultra HD
VOD content in a broad range of categories plus 100 hours of free
content. UltraFlix has also become the preferred 4K STB and Smart
TV App for leading 4K Smart TV manufacturers including HiSense,
Samsung, Sony, Vizio and others that are in the process of
completing their testing and integration. For more
information visit www.UltraFlix.com.
About NHNZ
NHNZ is a major global producer of
factual television creating original content for Discovery
Channels, A&E Television Networks, Smithsonian Channel,
National Geographic Channels, NHK and CCTV. Highly regarded for its
35-year plus natural history heritage, NHNZ has had success across
the board with factual shows like L.A Frock
Stars for the Smithsonian Channel and I Survived...for
A&E. The company's storytelling prowess has been recognized
with more than 250 international awards including Emmy awards and
the prestigious Wildscreen Panda. In addition to its one-stop hub
in Dunedin, New Zealand, NHNZ has
offices in Beijing and
Washington DC. For more
information, visit www.nhnz.tv.
About NanoTech Entertainment
Headquartered in
San Jose, CA, the heart of Silicon
Valley, NanoTech Entertainment is a technology company that focuses
on all aspects of the entertainment industry. With seven technology
business units, focusing on 3D, Gaming, Content, 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 creates the world's most compelling
gaming experiences by using the latest innovative technology in
land-based casino, consumer and arcade gaming markets. Based
on research of modern social and competitive games, NanoTech gaming
machines allow players to choose exactly how they want to balance
their skill and intelligence against the risk / reward model of the
game. Players enjoy compelling video experiences that are
entertaining independently of the gambling component.
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. Ultra Media Group focuses on the
acquisition and licensing of content. UMG also develops and
creates original programming and live events for use on NanoTech
networks. More information about NanoTech Entertainment and
its products can be found on the web at www.NTEK.com.
"Safe Harbor" Statement: This press release contains
forward-looking statements, including expected industry patterns
and other financial and business results that involve known and
unknown risks, uncertainties and other factors that may cause our
actual results, levels of activity, performance or achievements to
differ materially from results expressed or implied by this press
release. Such risk factors include, among others: the
sustainability of recent growth rates in of the company; the
positioning of NanoTech Entertainment, Inc. in the market; ability
to integrate both developed and acquired companies and technology;
ability to retain key employees; ability to successfully market
product offerings and customer acceptance of products; general
market conditions, fluctuations in currency exchange rates, changes
to systems and product strategy by vendors of systems; and whether
NanoTech Entertainment, Inc. can successfully gain market share.
Actual results may differ materially from those contained in the
forward-looking statements in this press release. 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, NanoTech Media, NanoTech Gaming Labs,
NanoTech Communications, MagicScreen, 4K Studios, 4K Ultra HD logo,
UltraFlix, NanoFlix, Nuvola GP-1, Nuvola NP-H1, Nuvola TV-U1,
Nuvola NP-1, Nuvola NP-C, and ProFlix UHD and their
associated logos are trademarks of NanoTech Entertainment. "The
Future of Television", "The Future of Gaming" and "The Future of
Entertainment" are Service Marks of NanoTech Entertainment. All
rights reserved. All other marks are the property of their
respective owners.
Agency Contact: Andy Marken
Phone: (408) 986-0100
Email: Andy@Markencom.com
Investor Contact: Dan Wong
Phone: (858) 381-4677
Email: dwong@ntek.com
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SOURCE NanoTech Entertainment