NTEK NanoTech Entertainment Inc (CE)

FOR IMMEDIATE RELEASE

Contact:         
Christian Hansen

Phone:            
(858) 381-4677

Email:             
chhansen@nanotechent.com                 

NANOTECH ENTERTAINMENT (NTEK)
ISSUES LETTER TO SHAREHOLDERS

Company Updates Shareholders on Upcoming Events

San Jose, CA
? July 15, 2013 ? NANOTECH
ENTERTAINMENT (OTCPINK:
NTEK) CEO Jeffrey A. Foley issued a letter to Shareholders today updating
shareholders on the upcoming events and news releases surrounding the Nuvola
NP-1 product.

?We have been inundated
in the past 72 hours with questions about our upcoming releases surrounding the
Nuvola 4K UltraHD media player.  We will
be making multiple announcements, starting later today, about the Nuvola
product line, including our rollout to retail, the product website, details for
ordering the product, and key new partners. 
We appreciate the excitement surrounding the product and plan to update
you as soon as we can.  Given that we have
many new partners involved in this project, we have to get approval from many
sources on our news and release of information. 
We will be posting the first of several Nuvola related announcement
later today, and throughout the following weeks.

We value our
shareholders and appreciate their investment in our company and look forward to
a long and profitable future together.?

About NanoTech Entertainment

Headquartered in San Jose, CA, with US operations in NV, MA,
along with India and China, NanoTech Entertainment is a global 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.

NanoTech Entertainment (OTCPINK: NTEK) trades on OTC Pink,
the open marketplace for a wide spectrum of equity securities. Investors can
find real-time quotes and market information at www.otcmarkets.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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The NanoTech Entertainment logo is a trademark of NanoTech
Entertainment, Inc. NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola NP-C,
Nuvola GP-1, Nuvola RF-10 are trademarks of NanoTech Media Corporation.  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

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