CORRECTION: NANOTECH (NTEK) TO DEBUT NEW JUMPER GAME AT AMUSEMENT EXPO 2013
Mar 01, 2013
OTC Disclosure News Service
San Jose, CA
FOR IMMEDIATE RELEASE
Contact: Denise Clifford
Phone: (702) 518-7410
NANOTECH (NTEK) TO DEBUT NEWJUMPER GAME AT AMUSEMENT EXPO 2013
New Video Redemption Product to be Exhibited in Booth1239 at Las Vegas Show
San Jose, CA– March 1, 2013 – NANOTECH GAMING LABS, a division of NANOTECH ENTERTAINMENT (OTCPINK: NTEK) todayannounced the debut of its first Video Redemption Game, JUMPER will be at theAmusement Expo 2013 in Las Vegas NV. TheAmusement Expo will be held from March 20, 2013 to March 22, 2013 at the LasVegas Convention Center.
Jeffrey A. FoleyCEO of NanoTech commented, “We are excited about the roll out of our firstVideo Redemption Coin-Op machine, Jumper. It is based on our new Video Redemption engine that has been indevelopment for the past couple of years. We have combined that engine with some our proprietary ArtificialIntelligence routines that allow for the machines to maximize earnings andreplays while maintaining the highest level of enjoyment for the players.” Foley continued, “We are looking forward toshowing off the machine to Operators and Distributors at the Las Vegas show.”
The AmusementExpo is a focal point for the Coin-Op industry – serving as a showcase for thelatest new equipment for the trade; providing hands-on information for buyersand sellers of the industry; and acting as the primary face-to-face conduitbetween trade partners in the coin machine business. Like many industry tradeevents, the AMOA Expo is the annual business barometer for the marketplace it serves.For those who need to keep abreast of the latest developments or want tomaintain valuable contacts with fellow coin machine business men and women, theannually-conducted Expo is the place to be.
Foley closedstating, “Jumper is the first in a line of new Coin-Op video redemptionproducts based on the new NanoTech Gaming Labs ‘Ticker’ game engine. We have multiple products slated to run onthe new platform. Ticker provides across platform, low cost deployment for machines while providing state of theart features and performance. The engineruns on a variety of hardware including Intel ATOM based PC boards, BroadcomSOC systems such as the Raspberry Pi, and many other dedicated single boardcomputers. By having a flexible embeddedengine, we can not only build exciting new machines, but also offer low costupgrade kits to operators who wish to upgrade their existing cabinets to afresh new game. We have conservatively forecastedour Ticker based games to generate several million in gross revenues and over amillion dollars in profits for 2013. Weare very excited about the debut of the first game this month.”
About NanoTech Entertainment
Headquartered in San Jose, CA, with US operations in NV, MA,along with India and China, NanoTech Entertainment is a global technologycompany that focuses on all aspects of the entertainment industry. With three business units, focusing onGaming, Media IPTV and Mobile Apps, the company has a unique businessmodel. The company has a diverseportfolio of products and technology. NanoTech Gaming Labs operates as a virtual manufacturer, developing itstechnology and games, and licensing them to third parties for manufacturing anddistribution in order to keep its overhead extremely low and operations efficientin the new global manufacturing economy. NanoTech Media develops proprietary technology which it licenses topublishers for use in their products as well as creating and publishing uniquecontent. NanoTech Communicationsdevelops and sells proprietary apps and technology in the Mobile and Consumerspace. NanoTech is redefining the roleof developers and manufacturers in the global market. More information aboutNanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
NanoTech Entertainment (OTCPINK: NTEK) trades on OTC Pink,the open marketplace for a wide spectrum of equity securities. Investors canfind real-time quotes and market information at www.otcmarkets.com.
“Safe Harbor” Statement: Under The PrivateSecurities Litigation Reform Act of 1995: The statements in the press releasethat relate to the company’s expectations with regard to the future impact onthe company’s results from new products in development are forward-lookingstatements, within the meaning of the Private Securities Litigation Reform Actof 1995. Since this information maycontain statements that involve risk and uncertainties and are subject tochange at any time, the company’s actual results may differ materially fromexpected results.
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The NanoTech Entertainment logo is a trademark of NanoTechEntertainment, Inc. All rights reserved. All other marks are the property oftheir respective owners. “The Future of Television” is a service mark ofNanoTech Entertainment, Inc., All Rights Reserved
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