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NanoTech Appoints Blake Brown Lead Technical Developer for its Global Media Business

Companies mentioned in this article: NanoTech Entertainment

SAN JOSE, Calif. -- (BUSINESS WIRE) -- NANOTECH ENTERTAINMENT (OTCPINK: NTEK), a pioneer in bringing the 4K Ultra HD experience to consumers, announced today the appointment of Blake Brown as NanoTech’s Lead Technical Developer for its global media business. Brown brings more than 25 years of multimedia engineering experience in developing video, encoder and decoder products for many of the industry’s leading multimedia companies in Silicon Valley.

Brown holds numerous patents with Sony, Avistar, Futuretel, Emuzed and Hitachi for software development related to compression, storage, streaming, networking and 3D. While manager and senior software engineer at Pinnacle Systems, he was a primary contributor on a compression-related Technical Emmy and a significant contributor on a small team for a second Technical Emmy. Brown’s previous experience also includes software development for Amazon, DirectTV and Sonic Solutions. Brown has a B.S. in Computer Engineering from the University of Illinois and an M.B.A. in Management/Finance from Santa Clara University.

In his new role, Brown will focus on porting NanoTech’s UltraFlix 4K streaming video distribution service to several major 4K TV brands as well as the emerging 4K-capable smartphones. He will also provide support for several strategic Nuvola Multiple System Operator (MSO)/cable TV company customers.

Adding Brown to the NanoTech team is timely considering the growth in the adoption of 4K Ultra HD TVs and the projected growth for 4K-capable smartphones. In its February 2014 NPD Display Search Quarterly Global TV Shipment and Forecast Report - Advanced, 4K×2K TV shipments are expected to total 1.9 million units in 2013, rising to 12.7 million units in 2014; and global shipments of ultra-high-definition (UHD) smartphones are forecast to reach 23 million in 2015.

"Blake is a key addition to our team and we’re honored to have him join us," said Jeff Foley, CEO of NanoTech Entertainment. “With the market for our 4K streaming products continuing to expand, Blake’s broad experience and technical expertise will be invaluable in meeting the specific needs of our customers.”

“I’m really looking forward to leveraging my experience with video compression, streaming technology and multimedia platform app development to help 4K Ultra HD TV manufacturers and Cable TV providers seamlessly integrate UltraFlix into their offerings to enhance their customers’ entertainment experience,” said Blake Brown. “NanoTech is recognized worldwide for bringing the 4K Ultra HD experience to consumers. Now, our market is expanding. I see this as a tremendous opportunity to be a part of the resolution revolution--one of the most exciting evolutions in television.”

About NanoTech Entertainment

Headquartered in San Jose, CA 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.

The NanoTech Entertainment logo, NanoTech Media Logo, NanoTech Gaming Labs Logo, NanoTech Communications Logo, MagicScreen Logo, 4K Studios Logo, NanoTech 4K Ultra HD logo, UltraFlix, Nuvola NP-1, Nuvola NP-C, and ProFlix UHD 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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Investor Contact:
NanoTech Entertainment
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