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NanoTech Adds Over 100 Alchemy Titles in 4K Ultra HD to UltraFlix Streaming NetworkSAN JOSE, Calif., June 12, 2015 /PRNewswire/ -- NanoTech Entertainment (OTCPINK: NTEK), a pioneer in bringing the 4K Ultra HD experience to consumers, announced today a licensing agreement with Alchemy, a leading independent distributor of film and television content. With the agreement, UltraFlix™, NanoTech's award-winning 4K Ultra HD network, has been granted the distribution rights to the Alchemy library of full-length feature movies as well as ongoing new releases from the studio. 4K Studios, a NanoTech subsidiary with facilities in San Francisco and Hollywood, is currently in the process of digitally re-mastering the films for immersive crystal clear 4K Ultra HD viewing. Some of the movies being added to the UltraFlix network's growing library of 4K Ultra HD content include top tier actors in a variety of genres:
"Alchemy has been one of the most prolific independent studios for years. With a vast catalog of top quality films with some of the biggest names in Hollywood, we are adding a large quantity of quality films for the UltraFlix Network," said Aaron Taylor, NanoTech's Executive Vice President of Sales and Marketing. "We're excited about partnering with Alchemy so our viewers can enjoy a wide variety of movies from every genre all digitally re-mastered by 4K Studios with the incredible detail and amazing depth of 4K." "UltraFlix provides a great platform that allows studios to optimize the life of a film," said Logan Mulvey, SVP, Digital Distribution for Alchemy. "By using their proprietary 4K re-mastering techniques, UltraFlix can stream visually lossless 4K video renderings of our films at a quality never experienced before outside the theatre." ABOUT ALCHEMY Alchemy boasts the independent industry's pre-eminent end-to-end supply chain solution for physical and digital distribution of content to major retailers. The company has the largest footprint of any independent supplier to bricks and mortar businesses, and is one of only two independent aggregators for Target, where Alchemy represents 75% of all independent titles sold. It is also the leading supplier to digital platforms including iTunes, Netflix and VOD. The company owns a catalog of 810 film titles and has deals for the ongoing distribution of film titles and programming for clients including PBS Distribution, nCircle, Phase 4 Films, Magnolia, MPI Media Group, Well Go, Music Box Films, Inception, and Hammer Horror, among many others. About UltraFlix About NanoTech Entertainment "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. Marketing Contact: Aaron Taylor Investor Contact: Dan Wong Logo - http://photos.prnewswire.com/prnh/20140929/149073 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nanotech-adds-over-100-alchemy-titles-in-4k-ultra-hd-to-ultraflix-streaming-network-300098377.html SOURCE NanoTech Entertainment |