NANOTECH ENTERTAINMENT ( OTCPINK: NTEK) announced it has helped fund over 50 percent of costs for World 1-1, the first in an epic series of documentaries on the history of video games and gaming. Additionally, NanoTech Entertainment is providing the 4K camera equipment for the project. As part of the World 1-1 support agreement, UltraFlix™, NanoTech’s streaming 4K Ultra HD service, has been granted exclusive 4K rights to distribute the documentary at four times the resolution of high definition. The expected release date for the documentary is October 2014. A pioneer in bringing the 4K Ultra HD experience to consumers, NanoTech Entertainment will offer its UltraFlix streaming video distribution service with a comprehensive library of 4K titles beginning January 2014. The exclusive 4K distribution rights agreement with World 1-1’s producers is part of NanoTech’s commitment to continue expanding the UltraFlix channel’s offerings. UltraFlix will deliver its pristine 4K Ultra HD content on a variety of devices including NanoTech’s Nuvola™ 4K Media Player, the world’s first streaming 4K set top box. Powered by NVIDIA® Tegra® 4, the Nuvola NP-1 moves easily from decoding 4K Ultra HD videos to playing state-of-the-art 3D video games to provide amazing gaming experiences. The documentaries focus on the history of gaming and are being produced by Jeanette Garcia and Daryl Rodriguez. This highly-rated professional video production team is based in Miami, FL and produce commercial video projects and videos of private events. Using a combination of interviews, archival footage and reflection, the documentaries will focus on the business deals, the personalities of the pioneers and the creations of the engineers. With a roster of interviews that reads like a “Who’s Who” in the history of gaming, the documentaries will appeal to early video game players who will enjoy reliving the creation of the burgeoning gaming industry, as well as the new generation of gamers that may not know how the evolution of their favorite hobby had an impact on today’s games.
The first documentary, World 1-1, will be on Atari, the device which helped launch the modern video game industry with the 1972 release of Pong. The interview list for Atari includes Nolan Bushnell, co-founder of Atari and Garry Kitchen, programmer for the Atari 2600 version of “Donkey Kong.”Future documentaries will feature interviews with David Crane, co-founder of Activision; Warren Robinett, creator of Adventure, one of the world's first RPGs; and Dona Bailey, co-creator of Centipede, one of the first games to attract a large female audience. “Thanks to NanoTech Entertainment’s support, we’ll be able to see our project become a reality. We have already started interviewing and filming for the documentaries,” said Rodriguez. “Having our work distributed in 4K on the NanoTech UltraFlix channel is the icing on the cake for a piece about the history of the gaming industry.” Garcia agreed and added, “One of the interesting facts that came out of our Atari interviews was that Nolan Bushnell turned down an offer from Steve Jobs, his former employee, to invest $50,000 in Apple during its early years. If he had made the investment, Bushnell would have owned one-third of Apple, which is now worth about $425 billion.” “World 1-1 will provide many fascinating stories that need to be told,” said Jeff Foley, CEO of NanoTech Entertainment. “We are proud to be participating in the preservation of the history of the gaming industry and delivering it with the very latest in viewing technology.” Availability/Pricing NanoTech Entertainment’s commercial grade Nuvola NP-H1™ 4K Ultra HD media streaming player is available now for $699 and is compatible with any brand of television and a variety of content delivery services. Upgradeable and expandable, the player features a variety of industry standard ports including eSATA and USB 3.0 connections that allow for the installation of an assortment of accessories, options and storage attachments.
NanoTech has also announced the Nuvola NP-1 4K Ultra HD Media player for consumers of 4K TVs. Purchasers of the NP-1 will receive 10 free video rentals in true 4K resolution, plus bundles of games and multimedia applications for $299.About NanoTech Entertainment Headquartered in San Jose, CA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With five technology business units, focusing on 3D, 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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