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[January 10, 2013]
NanoTech Entertainment (NTEK) Partners With Que Pasa TV
LAS VEGAS, Jan. 10, 2013 /PRNewswire via COMTEX/ -- NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK) today announced from the CES in Las Vegas that it has completed a partnership agreement to launch the upcoming Que Pasa TV channel. Que Pasa TV will provide Latino centric programming including local Latino community programming, On-Demand viewing of Latino cultural shows and movies, and Streaming of Live events including concerts.
NanoTech Media's NanoFlix platform is a proprietary publishing platform that allows content providers the ability to quickly setup and offer customized, state of the art, TV Channels across a wide variety of platforms including IPTV set top boxes such as Roku, Web Browsers on MAC and PC, mobile handsets including Android and iPhone, and tablets including the iPad. NanoFlix is a cloud based solution that scales automatically with demand providing unlimited expansion capabilities as channels grow combined with costs savings by automatically reducing resources required during non-peak hours. Publishers and Content providers using the NanoFlix system can provide ongoing dynamically updated channels without the need for a technical or programming staff, further reducing overhead costs.
"The NanoTech team was able to quickly build a prototype of the Que Pasa TV channel for us and demonstrate the flexibility and configuration options we would need to launch our channel," stated Miguel Santana, co-founder of Que Pasa TV. "We are very excited to partner with NanoTech and use their technology as we build out a channel that is focused on the Latino community and provides content across a variety of platforms giving our users ultimate flexibility" NanoTech CEO Jeffrey A. Foley commented, "NanoTech is excited to continue to expand our customer base and reach a variety of end users who will experience our innovative technology. We were excited that the Que Pasa TV team has selected our technology to launch their channel.
With the ever shifting television market moving from the broadcast model to the video on demand model, we truly believe that NanoTech's technology represents 'The Future of Television'." About NanoTech EntertainmentHeadquartered in Las Vegas, NV, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With three business units, focusing on Gaming, Media & IPTV and Mobile Apps, 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 Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. 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.
NanoTech Entertainment (PINKSHEETS: NTEK) trades on OTC Pink, the open marketplace for a wide spectrum of equity securities. Investors can find real-time quotes and market information at www.otcmarkets.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. All rights reserved. All other marks are the property of their respective owners. "The Future of Television" is a service mark of NanoTech Entertainment, Inc., All Rights Reserved Contact: Denise CliffordPhone: (702) 518-7410Email: denise@nanotechent.com SOURCE NanoTech Entertainment
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