NanoTech
Entertainment (OTCPINK:
NTEK), a pioneer in bringing the 4K Ultra HD experience to
consumers, announced today its all 4K UltraFlix™
Network has been selected by VIZIO, Inc., America’s #1 Smart TV Company1,
for inclusion on its new P-Series Ultra HD Full-Array
LED Smart TV collection. UltraFlix will be available later this year for
streaming on the newly announced P-Series Ultra HD models with screen
sizes ranging from 50” to 70”.
Winner of the 2014 Consumer Electronics Show (CES) Editors' Choice
award, VIZIO’s P-Series Ultra HD Full-Array LED Smart TVs will offer
UltraFlix through the VIZIO Internet Apps Plus® Smart TV Platform.
Through UltraFlix, users will be able to browse, select and stream more
than 400 hours of 4K content, including 40 made-for-IMAX theatrical
titles. Users will also be able to experience a wide selection of
action/thriller, comedy, drama and family movies as well as
breath-taking extreme sports videos, concerts, TV shows and moving
murals plus 100 hours of free content.
“Our new P-Series was engineered to build on VIZIO’s #1 position in the
Smart TV marketplace while providing a stunning Ultra HD picture,” said
Matt McRae, Chief Technology Officer, VIZIO. “UltraFlix further enhances
the entertainment streaming experience for VIZIO P-Series consumers,
providing additional options for Ultra HD content.”
The VIZIO P-Series Ultra HD Smart TV collection will deliver UltraFlix
4K content with stunningly rich picture quality performance as part of
the premium home entertainment experience VIZIO is known for. The
P-Series Ultra HD Smart TVs feature full-array LED backlighting with up
to 72 Active LED zones of local dimming for a more vibrant, beautiful
picture, 802.11ac dual-band WiFi for a better streaming experience that
is up to 3x faster and VIZIO’s V6 six-core processor, which combines a
quad-core GPU and dual-core CPU for great performance and maximum speed,
enabling a faster Smart TV experience.
“Ultra HD is on the verge of taking off here on the U.S.,” said Aaron
Taylor, NanoTech’s Executive Vice President of Sales and Marketing.
“Working with VIZIO to deliver our ever-expanding library of 4K content
to the mass market is exactly what the market needs to push 4K over the
top. We’re honored for UltraFlix to soon be available on VIZIO’s new
P-Series Ultra HD Smart TVs. VIZIO’s P-Series Ultra HD TVs provide
native support for streaming our UltraFlix Ultra HD 4K titles, which
means the content delivered to the viewer is vibrant, crystal
clear and incredibly detailed.”
VIZIO’s all-new P-Series Ultra HD Full-Array LED Smart TV collection
will be available in 50”, 55”, 60”, 65”and 70” class screen sizes,
starting at $999.99 for the 50” and to $2,599.99 for the 70” model.
Consumers can order the P-Series Ultra HD Full-Array LED Smart TV
collection today at VIZIO.com with the collection rolling out soon both
in-store and online through key retailers such as Amazon, Best Buy,
Costco, Sam’s Club, Target and Walmart.
1 The NPD Group / Weekly Tracking Service, Flat Panel TV
units with Apps included, Dec 30 2012 – May 24 2014
2 IEEE standard 802.11 specifications. Maximum throughput
rate of 802.11ac (1300 Mbps) is approximately three times faster than
that of 802.11n (450 Mbps). Actual rate will vary, and will be subject
to router model, site environment, range, Internet bandwidth and other
factors.
About NanoTech Entertainment
Headquartered in San Jose, CA, the heart of Silicon Valley, NanoTech
Entertainment is a technology company that focuses on all aspects of the
entertainment industry. With six 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.NTEK.com.
"Safe Harbor" Statement: This press release contains forward-looking
statements, including expected industry patterns and other financial and
business results that involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity,
performance or achievements to differ materially from results expressed
or implied by this press release. Such risk factors include, among
others: the sustainability of recent growth rates in of the company; the
positioning of NanoTech Entertainment, Inc. in the market; ability to
integrate both developed and acquired companies and technology; ability
to retain key employees; ability to successfully market product
offerings and customer acceptance of products; general market
conditions, fluctuations in currency exchange rates, changes to systems
and product strategy by vendors of systems; and whether NanoTech
Entertainment, Inc. can successfully gain market share. Actual results
may differ materially from those contained in the forward-looking
statements in this press release. 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, NanoTech Media, NanoTech Gaming Labs,
NanoTech Communications, MagicScreen, 4K Studios, 4K Ultra HD logo,
UltraFlix, NanoFlix, Nuvola GP-1, Nuvola NP-H1, Nuvola TV-U1, Nuvola
NP-1, Nuvola NP-C, and ProFlix UHD and their associated logos are
trademarks of NanoTech Entertainment. “The Future of Television”, “The
Future of Gaming” and “The Future of Entertainment” are Service Marks of
NanoTech Entertainment. All rights reserved. All other marks are
the property of their respective owners.
Copyright Business Wire 2014