NANOTECH
ENTERTAINMENT (OTCPINK:
NTEK) announced today that it has made a financial investment in the
Silicon Valley startup, NovoSensus. This strategic partnership is meant
to ensure NanoTech Entertainment’s future product lineup of software and
hardware will make use of the latest methods for gathering analytical
data for both its consumer and commercial products. NanoTech
Entertainment will use NovoSensus’ latest in real-time data technology
in a variety of products including, the Nuvola
NP-C™.
NanoTech Entertainment partners with NovoSensus. Will be used in products such as the Nuvola NP-C. (Photo: Business Wire)
Phil Sakakihara, NovoSensus CEO and seasoned veteran of Silicon Valley
noted, “We are excited NanoTech Entertainment has selected us as a
partner for our real-time data technology. Having the backing from one
of the fastest growing companies in Silicon Valley is a great
endorsement. We look forward to working with Jeff [Foley] and his team
as we rollout our technology.”
“NovoSensus is developing some of the world’s most dynamic and
competitive real-time data solutions on the market,” said Jeff Foley,
CEO of NanoTech Entertainment. “The team Phil has put together is second
to none, and we have already been impressed by the technology
demonstrations we have seen. Accessing real-time customer data and
non-invasive, real-time demographic data is essential for our next
generation of consumer and commercial electronics. We feel the team at
NovoSensus will be delivering the best solution to meet this need.”
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
Ultra HD 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. 4K Studios creates digital 4K Ultra HD content using both
licensed materials as well as original productions. 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.
About NovoSensus
Headquartered in Los Gatos, CA, NovoSensus is a Real Time Big Data
Analytics Company that provides an Innovative Cloud
Solution empowering businesses to maximize every customer interaction in
real-time to improve sales and profits:
-
Immediate feedback on consumer behavior, recognition and correlation
to sales
-
On Demand Advertisement delivery based on Customer Segmentation,
Analytics and Views in real time to optimize profitability and
increase sales.
Using State-of-the-Art Biometric Facial Recognition, integrated with
proprietary data modelling and correlation with Customer Relation
Management Systems, Point of Sales with Web and Mobile tracking data.
NovoSensus solution provides an “On-Demand Network” that supports
distributed organizations worldwide.
"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. UltraFlix, NanoFlix, NanoTales, NanoBooks, Nuvola
NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10, Nuvola NP-H1, Nuvola SC-1
are trademarks of NanoTech Media Corporation. All rights reserved. All
other marks are the property of their respective owners. “The Future of
Television” and “The Future of Entertainment” are service marks of
NanoTech Entertainment, Inc., All Rights Reserved
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Copyright Business Wire 2013