NanoTech Entertainment Spreads Its Wings and Soars Into the Massive HDTV and Mobile Device Ecosystem With UltraFlix HD

Premium Quality UHD and HD Streaming Service set to be bundled onto all major brand HDTVs, Streaming Media Players and Mobile Devices with more than 800 tiles of Pristine 4K and HD Movies, Concerts, TV Shows, and Documentaries.

SAN JOSE, Calif. — (BUSINESS WIRE) — March 24, 2016NanoTech Entertainment ( OTCPINK: NTEK) announced today that UltraFlix, home of more than 1,000 hours of Hollywood movies, top sports and nature documentaries, award-winning TV series and concerts, is preparing to launch on their partners HD line-up of TVs and Streaming Media Players. The streaming video app is also be available to Android and iOS devices phones and tablets sold over the past three years.

UltraFlix HD is very complimentary to the rapidly growing UltraFlix 4K, which is already available on Samsung, Vizio, Sony, HiSense, Sharp, Roku 4 and NVIDIA Shield Android TV. With over 100 million HDTVs and over 500 million phones and tablets shipped in the US over the last three years, UltraFlix HD will have a tremendous market opportunity.

NanoTech has been building its video library for the past two-years. With major studio deals in place, the UltraFlix Library is staged to blast past 1,000 titles this summer. In order to stand out and compete with the major existing content service providers such as Netflix, Amazon and Hulu, UltraFlix will focus on delivering a comprehensive combination of timeless classics, hot new releases, 360 immersive VR, live performances and select exclusive titles to the living room and mobile devices. NanoTech’s 4KStudios team of video experts have developed a cloud-based video processing and encoding workflow yielding superior quality video streaming to a huge variety of devices. UltraFlix is clearly also focused on quality.

“UltraFlix 4K is quickly becoming the go-to destination for 4K junkies,” said Aaron Taylor, NanoTech's Executive Vice President of Sales & Marketing. “Now that we have built up a unique library of timeless classics, hot new releases and award winning documentaries, it’s time to leverage our established platform relationships and fly into the much larger world of HD.”

About UltraFlix

Offering the world’s largest library of 4K Ultra HD content, UltraFlix is a streaming network that enables users to choose from a library of pristine 4K Ultra HD VOD content in a broad range of categories, including hours of free content. UltraFlix has also become the preferred 4K set-top box and Smart TV App for leading 4K Smart TV manufacturers including Samsung, Sony, Vizio, HiSense and others that are in the process of completing their testing and integration. www.UltraFlix.com.

About NanoTech Entertainment

Headquartered in San Jose, CA, the heart of Silicon Valley, NanoTech Entertainment is a technology company that focuses on 4K media procurement, production, processing and delivery. NanoTech’s solutions includes the world's first 4K Ultra HD streaming service which is now found on most major 4K TV and OTT streaming devices. NanoTech’s 4K Studios creates digital 4K Ultra HD content using both licensed materials as well as original productions. 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.



Contact:

NanoTech Entertainment
Marketing Contact:
Aaron Taylor, 408-414-7355 x134
Email Contact
Investor Contact:
Dan Wong, 858-381-4622
Email Contact

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