NanoTech Entertainment Inc. NTEK Archives - Page 3 of 3

WednesdayAug 28, 2013 11:51 am

NanoTech Entertainment, Inc. (NTEK) Poised to Benefit as IPTV Market Gains Ground

NanoTech Entertainment is engaged in all facets of the entertainment industry, operating through five technology businesses that encompass 3D, gaming, media & IPTV, mobile apps, and manufacturing. The company’s strategy to success is finding potential in specific technology segments with room for future growth, and according to analytical firm iDate, the IPTV market offers just that. iDate recently projected an increase in global video and TV revenues to $648 billion in 2017 from revenues of $526 billion last year. The firm’s research suggests that while cable will continue to have an upper hand in the industry, it will lose subscribers…

ThursdayAug 22, 2013 11:27 am

NanoTech Entertainment, Inc. (NTEK) Wields Strength in Gaming, Media Market Divisions

NanoTech Entertainment is a technology company focused on the convergence of the entertainment industry, executing a business strategy to capitalize on the overlap within the gaming, media, and communication markets. To achieve this mission, the company operates through three key business divisions: NanoTech Gaming Labs, NanoTech Media, and NanoTech Communications. NanoTech Gaming Labs operates as a virtual manufacturer of its own technology and games, which it licenses to third parties for manufacturing and distribution, which drastically cuts overhead. NanoTech Media develops proprietary technology which is licensed to publishers for compatibility within their own products as well as creating and publishing…

WednesdayAug 14, 2013 3:25 pm

NanoTech Entertainment (NTEK) Financial Results Surpass Management Projections

NanoTech Entertainment, an entertainment technology company, announced today through its annual financial reporting that it has achieved its first quarterly profit. Projected quarterly revenues surpassed management expectations by 10% for the period ending June 30, 2013. NanoTech attributes its success to expansion into the gaming and media industries. Jeff Foley, CEO of NanoTech, said that he expects continued revenue growth into the next quarter. "We expect to continue to grow as we increase the number of streaming television channels that we offer, featuring both original and licensed content. We are also excited about the upcoming release of new products from…

FridayAug 09, 2013 3:49 pm

NanoTech Entertainment, Inc. (NTEK) Snaps Up Worldwide Global Entertainment

During today’s afternoon trading session, NanoTech Entertainment announced the signing of an agreement to acquire Silicon Valley based Worldwide Global Entertainment. The acquisition is effective immediately and the NanoTech Media division will be instantaneously expanded with the Worldwide staff as a result. “We are extremely excited about the opportunity to help expand our Media division,” stated Jeffrey A. Foley, NanoTech CEO. “Worldwide’s management team brings a wealth of experience and contacts to NanoTech. Given our continued expansion in the home entertainment space, having a team of seasoned veterans join us to help expand our library of unique content is a…

FridayAug 09, 2013 10:57 am

Hannover House, Inc. (HHSE), NanoTech Entertainment, Inc. (NTEK) Joint Venture Spots Revenue Generating VOD Opportunity

In the last 20 years, Hannover House has transitioned from a boutique book publisher into a full-service media company, becoming the first studio distributor with a dedicated Roku-enabled IPTV site, leveraging strategic partnerships in its path to continued growth and opportunity. The company is currently focused on a joint-venture (JV) project with NanoTech Entertainment to commercialize the VODwiz, a pay-per-video/video-on-demand (VOD) portal, for which the JV has deployed a beta-launch in preparation for its upcoming consumer roll-out. NTEK is a technology company is engaged in all aspects of the entertainment industry, operating through three business units focused on gaming, media…

MondayAug 05, 2013 11:14 am

NanoTech Entertainment, Inc. (NTEK) Further Reduces Share Count, Boosts Shareholder Value

NanoTech Entertainment just announced that it has completed the third phase of an ongoing plan to decrease the number of outstanding shares. The NanoTech Board of Directors had previously authorized a program under which the company has already retired 221 million shares of its outstanding common stock. At the 2013 shareholders meeting Director Ted Campbell announced a continuation of the effort. Campbell stated, “Early on, NanoTech had leveraged its ability to finance the company through a series of convertible debentures. Now that we have moved out of the R&D phase and have several products gaining traction in the market, we…

MondayAug 05, 2013 8:43 am

Music that Matters Selects NanoTech Entertainment, Inc. (NTEK) to Launch IPTV/OTT Music Channel

Music that Matters recently announced that it has chosen NanoTech Entertainment to provide the technology and backbone for its upcoming IPTV/OTT music channel. In recent years Music that Matters has successfully raised thousands of dollars through benefit concerts for social and environmental causes, working in collaboration with top music artists. The non-profit has announced plans to launch its IPTV anywhere and Roku video music channel on the NanoFlix network, on August 5, 2013. The channel is set to initially feature two pay-per-view benefit concerts. The first feature, Bob Weir and Tim Flannery, Live from the Uptown Theatre is a benefit…

TuesdayJul 30, 2013 12:18 pm

NanoTech Entertainment, Inc. (NTEK) and Hannover House, Inc. (HHSE) Launch VODwiz Indie Film Channel

NanoTech Entertainment and Hannover House have launched a beta-test of the new channel for independent films via the companies’ IPTV/OTT venture, VODwiz. The initial test launch will feature more than 50 films exclusively from the Hannover House film library. The library will continue to expand the channel by adding more film and video titles in the coming weeks and months to create a library of more than 2,000 films. The channel is initially available on the Roku platform for viewing on Internet-connected televisions, but will expand to computers, mobile phones, and tablets in coming weeks. The VODwiz titles and platform…

MondayJul 29, 2013 9:26 am

NanoTech Entertainment, Inc. (NTEK) to Deliver the Ultimate 4K UltraHD Experience via New Partnership

Through a new partnership with SEIKI Digital (www.SEIKI.com), which was just announced this morning, NanoTech Entertainment will be featuring SEIKI’s top-of-the-line 4K UltraHD television sets in all of its retail outlets as a bundle with NanoTech’s Nuvola 4K UltraHD Streaming Media Player. NanoTech CEO Jeffrey A. Foley stated, "SEIKI Digital is a world-class manufacturer that is making big waves in the television industry. Their products are top quality and their parent company is one of the largest television manufacturers in the world. We are excited to offer our customers SEIKI 4K sets with our 4K UltraHD products.” The bundle will…

FridayJul 26, 2013 4:56 pm

NanoTech Entertainment, Inc. (NTEK) is “One to Watch”

NanoTech Entertainment, Inc. (NTEK) is a conglomerate of entertainment companies focused on leveraging technology to deliver state-of-the-art entertainment and communications products. The company’s team is comprised of senior individuals who have been in the entertainment industry for more than 20 years and have a long track record of creating successful products. Leveraging a diverse portfolio of products and technology, NanoTech is redefining the role of developers and manufacturers in the global market. The company has a unique business model with four technology business units focusing on gaming, media & IPTV, mobile apps, and manufacturing. NanoTech’s Gaming Labs division operates as…

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