NanoTech Secures Licensing Deal With Paramount Pictures

NanoTech Entertainment (OTCPINK: NTEK), a pioneer in bringing the most visually stunning streaming TV experience to consumers, announced today that it has signed a licensing agreement with Paramount Pictures that will give UltraFlix users access to over 950 films. The award-wining UltraFlix network will begin offering the extensive catalog of titles starting September 1, 2015. This significant agreement will further establish UltraFlix as the leading provider of the best quality content of any streaming network.

Paramount’s expansive library boasts many of the most beloved classics, blockbuster hits and fan favorite franchises in cinema history. UltraFlix users will be able to access a world-class array of films including Academy Award^® winners like Chinatown, Forrest Gump, Saving Private Ryan and The Godfather; sci-fi hits such as Star Trek (2009), War of the Worlds, Transformers, and Minority Report; action-packed thrill-rides like Mission: Impossible, World War Z, The Hunt for Red October and Top Gun; uproarious comedies such as Anchorman: The Legend of Ron Burgundy, Ferris Bueller’s Day Off, Airplane! and Jackass: The Movie; family favorites like The SpongeBob Movie: Sponge Out Of Water and Jimmy Neutron: Boy Genius; and many, many more.

One of the key forces driving this market is the ability to deliver the best possible viewer experience. With enhanced video compression, adaptive streaming and intelligent bandwidth management technologies, UltraFlix can stream visually lossless UHD video with uninterrupted viewing at 4Mbps, making the highest quality streaming experience available to most North American and European internet subscribers today.

“Paramount has one of the best overall movie catalogs in the world and we’re absolutely delighted to have the opportunity to continue working with them to deliver such a rich diversity of decades of outstanding movies on the UltraFlix Network,” said Aaron Taylor, NanoTech's Executive Vice President of Sales & Marketing. “Our mission always has been, and continues to be, the delivery of the most visually stunning movies, music, documentaries and award-winning television series.”

About UltraFlix

Offering the world’s largest library of 4K Ultra HD content, UltraFlix is a streaming network that enables subscribers to choose from a library of pristine 4K Ultra HD VOD content in a broad range of categories plus hours of free content. UltraFlix has also become the preferred 4K STB and Smart TV App for leading 4K Smart TV manufacturers including HiSense, Samsung, Sony, Vizio and others that are in the process of completing their testing and integration. For more information visit www.UltraFlix.com.

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 seven technology business units, focusing on 3D, Content, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. The company has a diverse portfolio of products and technology. 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. Ultra Media Group focuses on the acquisition and licensing of content. UMG also develops and creates original programming and live events for use on NanoTech networks. 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, SecureStream, 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” and “The Future of Entertainment” are Service Marks of NanoTech Entertainment. All rights reserved. All other marks are the property of their respective owners.

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