NANOTECH
ENTERTAINMENT (OTCPINK:
NTEK) announced today the grand opening of its east coast operations
located south of Boston, in East Bridgewater Massachusetts. Setup of the
research and development facility has been completed with further east
coast expansion planned for early next year. NanoTech Vice President
Philip Foley is heading up the operations. Foley announced “We are very
excited about the rapid growth of our NanoTech R&D team. We have several
ground breaking mobile apps about to enter the market, all of which have
been developed by my team. We have recently hired fifteen new employees
that will be working 3 shifts, expanding both our development team and
support infrastructure.”
NanoTech Director Ted Campbell added “Phil has been able to do a
tremendous job of recruiting world class talent from the Greater Boston
area to expand our team. With some of the world’s best universities
nearby, there is a tremendous talent pool to pick from. The NanoTech
Communications team, headquartered in the new facility, is preparing to
launch multiple mobile phone and tablet applications. The release of the
new apps combined with the needed additional development and support for
the growing library of streaming media products has fueled our
expansion. This office gives us a strong presence in New England.”
Campbell added “with the coming shipments of multiple new consumer
products, we anticipate continuing the expansion including the opening
an east coast warehouse and distribution center in the near future.”
Foley closed by stating “NanoTech has seen tremendous growth in the past
year, bringing world class products to the market. We are extremely
excited about the new members of our team joining us as we continue to
deliver The Future of Entertainment.”
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 Media Technology includes the world’s first 4K
UltraHD 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. 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 is a trademark of NanoTech
Entertainment, Inc. NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola
NP-C, Nuvola GP-1, Nuvola RF-10, Nuvola NP-H1 and Nuvola NP-S1 are
trademarks of NanoTech Media Corporation. All rights reserved. All other
marks are the property of their respective owners. “The Future of
Television”, “The Future of Entertainment” and “Smarter TV” are service
marks of NanoTech Entertainment, Inc., All Rights Reserved
Copyright Business Wire 2013