SAN JOSE, Calif., July 1, 2013 /PRNewswire/ -- NanoTech
Entertainment (OTCPINK: NTEK) announced that it has entered
into a licensing agreement with MGE, Inc., distributors of one of
the largest libraries of classic DVDs. As part of the
agreement, NanoTech will distribute the library on its OTT/IPTV
network to customers around the world. The library features
many great films including American Classics, Westerns, Horror,
Musicals, Family, Cartoons, Comedy, Sci-Fi, Camp Classics as well
as many classic TV Series. NanoTech will be bringing the MGE
Library to IPTV/OTT markets including players such as the Roku and
NanoTech's own Nuvola NP-1 4K UltraHD streaming player.
"NanoTech has a great delivery platform and has established
itself as one of the leaders in the IPTV/OTT market. We are
excited to expand the reach of our library with NanoTech. We
are looking forward to continuing to work with NanoTech on
expanding their offerings as well as helping establish them as a
premier provider of content on current platforms as well as the new
upcoming 4K UltraHD platforms," said Arthur
Mrozowski, CEO of MGE.
Jeffrey A. Foley, CEO of NanoTech,
added, "This agreement helps continue our strategy of expanding our
TV offerings with world class content." Foley continued, "We're
sure our viewers will enjoy classic movies such as The Last Time
I Saw Paris; TV Shows including Bonanza and The
Beverly Hillbillies; and movies that feature such well known
stars as Elizabeth Taylor,
Gregory Peck, Cary Grant, Audrey
Hepburn and more. MGE's extensive library of will help
us continue to offer compelling content as we continue to provide
our customers with the Future of Television."
About NanoTech Entertainment
Headquartered in San Jose, CA,
NanoTech Entertainment is a technology company that focuses on all
aspects of the entertainment industry. With three business
units, focusing on Gaming, Media & IPTV and Mobile Apps, 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. 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.
The NanoTech Entertainment logo, Nuvola NP-1, and NanoFlix
are trademarks of NanoTech Entertainment, Inc. All rights reserved.
All other marks are the property of their respective owners.
"The Future of Television" is a service mark of NanoTech
Entertainment, Inc., All Rights Reserved
SOURCE NanoTech Entertainment