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NanoTech Entertainment (NTEK) Announces Opening of 4K Studios Hollywood Office

NTEK

NANOTECH ENTERTAINMENT (OTCPINK: NTEK) announced today that it has expanded its 4K Studios with the opening of a second facility in Hollywood California. The new facilities are located on “The Lot,” a famous industry location that has been home of some of the greatest influences in film, including Charlie Chaplin, Mary Pickford, Douglas Fairbanks, and Sam Goldwyn.

A pioneer in bringing the 4K experience to consumers, NanoTech Entertainment is leading the market with its 4K Studios, dedicated to the creation of 4K Ultra HD content. NanoTech Entertainment Vice President of Development, Alex “Lx” Rudis said, “4K Studios is a world-class production facility located in the heart of San Francisco, the technological center of the world. With our expansion to Hollywood, the epicenter of the movie and television industry, we have built a wonderful bridge between content and technology.”

NanoTech Entertainment CEO Jeff Foley also said, “The Future of TelevisionSM includes 4K Ultra HD in a big way. With many of our content deals originating in Hollywood, it only makes sense for us to expand our operations to ground zero. These facilities not only give our staff a base of operations, but also provide us with close proximity to several of our content technology partners as well.”

“With 4K Studios’ recent technological advancements, we are no longer limited to just creating new 4K content to meet this growing demand,” Foley noted. “Content owners such as broadcasters and movie studios have vast libraries of content that can be economically converted to pristine 4K and offered to consumers while providing added ROI from their library. The premium versions (with embedded ads) can also be quickly turned into very high-quality 4K VOD content that can be used to generate incremental revenue.”

To ensure that the content is clean, crisp and noise free, 4K Studios’ Ultra HD Scanners take a 35mm film (or even 16mm) and make multiple digitization of each frame of the film at different light levels in red, green and blue, creating an HDR 4K image for every frame of the film. At the same time, the audio track image from the film is scanned and put into a synchronized audio file.

During the scanning process, the film is run through the Kodak Digital ICE™ film processing procedure to repair any defects or scratches in the film. The output from this procedure is saved into an uncompressed file and then run through 4K’s proprietary process which compensates for the frame-by-frame deltas in textures, colors and lighting. Once the automated scan is completed, the next step is for the 4K Studios’ editors to view the video scene by scene ad apply gamma and lighting corrections. Any remaining scratches or defects are then repaired by hand. Finally, the master files are compressed using multiple codecs and a variety of proprietary methods and settings resulting in final files that are ready for streaming delivery.

Using these processes, 4K Studios has even been able to make dramatic improvements to films mastered in 4K by other studios.

NanoTech Entertainment has already secured the services of local representation in Los Angeles, and has recently added staff based out of the new Hollywood office, dedicated to interfacing with the studios and content aggregators located in the greater Hollywood area.

Dedicated to providing 4K Ultra HD conversions and the creation of original 4K Ultra HD content, the new facilities are located at 1041 N. Formosa Avenue, Fairbanks Building, Suite #6 West Hollywood, CA 90046.

About NanoTech Entertainment

Headquartered in San Jose, CA (News - Alert), 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 (News - Alert), 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 Ultra HD 4K 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 Ultra HD 4K 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.

"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.

NanoTech Entertainment, UltraFlix, NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10, Nuvola NP-H1, Nuvola SC-1, 4K Studios, Magic Screen 3D, Clear Memories and associated logos are trademarks of NanoTech Entertainment, Inc. 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