NanoTech Entertainment, Inc. (NTEK: OTC Pink Current) | NanoTech and Harmonic Kick Off Live 4K Video Series at the 49ers brand new, state-of-the-art, Levi’s Stadium

NanoTech and Harmonic Kick Off Live 4K Video Series at the 49ers brand new, state-of-the-art, Levi’s Stadium

Oct 23, 2015

OTC Disclosure News Service

NanoTech
Entertainment
(OTCPINK:
NTEK
), a pioneer in bringing the most visually stunning streaming TV
experience to consumers, announced today that it has signed a licensing
agreement with the San
Francisco 49ers
to start offering UltraFlix
users Live 4K video coverage of the 49ers pre-game show and the 49ers TV
video series, exclusively in 4K. Stunning quality, real-time 4K HEVC
video encoding and adaptive streaming is all provided by Harmonic
(NASDAQ: HLIT), the worldwide leader in video delivery infrastructure. Verizon
Edgecast
manages the Live 4K ingest and reliable delivery to the
growing line-up of 4K TV’s sporting UltraFlix, the top destination for
4K movies, documentaries, concerts and staring this fall, Live 4K events.

The exciting team-up of Live 4K video delivery solution providers is
exactly what the industry needs to help fuel mass consumer adoption.
Historically speaking, HDTV mass adoption coincided with the advent of
live HD events, such as sports and concerts. The original game plan was
spot on and the timing is right to run the same play. According to the
latest industry projection, consumers are gearing up to start receiving
4K streaming video and UltraFlix is on-track to be made available on 90%
of all 4K TV’s here in NA this year.

UltraHD, 4K TV is “poised for strong growth in the coming years
according to US technology body, the Consumer Electronics Association
(CEA). Organizers of the Consumer Electronics show, predicted in its
latest forecast that US shipments of 4K UHD displays will reach 4.4
million units in 2015
, a 208% increase compared to 2014.
Global UHD TV shipments will increase to 67M units by 2017 and 100M
units by 2018 according to Digital Research. NA is estimated to grow
from 12% of total Global Sales to ~ 21% by 2017, or 14M units.

One of the key forces driving this market is the ability to deliver the
best possible viewer experience along with a perpetually growing catalog
of 4K Video-On-Demand and on-going Live 4K Events. With enhanced video
compression, adaptive streaming and intelligent bandwidth management
technologies, UltraFlix
and its’ partners, Harmonic and Verizon can stream visually lossless
Live UHD video with uninterrupted viewing at 8Mbps, making the highest
quality streaming experience available to most North American and
European internet subscribers today.

“We’re honored to collaborate with two video delivery industry leaders
to start our long-term Live 4K broadcast initiative,” said Aaron Taylor,
NanoTech’s Executive Vice President of Sales Marketing. “Our mission
always has been, and continues to bee, the delivery of the most visually
stunning movies, music, documentaries and award-winning television
series…and now Live 4K!”

“The market for 4K live video is heating up, and we couldn’t be more
excited to partner with NanoTech, UltraFlix, and the San Francisco 49ers
on this innovative project,” said Peter Alexander, chief marketing
officer at Harmonic. “As the first provider to deliver a consumer UHD
channel in North America with NASA, Harmonic is transforming the world
of video production and delivery. Using our end-to-end 4K video delivery
system, including real-time UHD encoding, video content providers like
UltraFlix can take their offering to the next level, bringing amazing
video experiences to sports fans as they happen, at a low total cost of
ownership.”

About UltraFlix

Offering the world’s largest library of 4K Ultra HD content, UltraFlix
is a streaming network that enables subscribers to choose from a library
of pristine 4K Ultra HD VOD content in a broad range of categories plus
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 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, 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 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, SecureStream, 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” and “The Future of Entertainment” are Service Marks of
NanoTech Entertainment. All rights reserved. All other marks are the
property of their respective owners.

Copyright © 2015 Businesswire. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/NTEK/news?id=117323

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