Posted On: 03/22/2016 1:46:44 PM
Post# of 96892
Re: Krisandtilly #54966
.Nuvola NP-1 DEAD? What you need to know about this ..
1) The Nuvola NP-1 was the first 4K Ultra HD streaming set top box and a great success for NanoTech.
When we entered the 4K Ultra HD market there was no means to stream 4K Ultra HD content to 4K TV Sets.
2) We invested in a partnership with nVidia to launch the NP-1 so that
we would have a means of delivering our UltraFlix application to the consumer. Unlike previous evolutions in TV’s, 4K Ultra HD has grown much faster, with evey manufacturer now offering a Smart 4K TV.
3) This greatly reduces the need for the NP-1 and as such we have shifted our focus on delivering UltraFlix onto the Smart TVs.
4) We continue
to support the product and the use cases where this device is still quite valuable
in what way?
Media Hardware Two years ago we pioneered the hardware space with the award winning NP-1 product. What was not anticipated was the speed at which the 4K Smart TVs would enter the market. Given that the
primary goal of the NP-1 was to capture viewers for our 4K service and we will be on 90% of the 4K Smart TVs by the end of Q2,
5) our focus on the NP-1 has shifted from consumer to OEM relationships. We will continue to service this space, but our focus will be on optimizing recurring revenues as opposed to one time sales.
1) The Nuvola NP-1 was the first 4K Ultra HD streaming set top box and a great success for NanoTech.
When we entered the 4K Ultra HD market there was no means to stream 4K Ultra HD content to 4K TV Sets.
2) We invested in a partnership with nVidia to launch the NP-1 so that
we would have a means of delivering our UltraFlix application to the consumer. Unlike previous evolutions in TV’s, 4K Ultra HD has grown much faster, with evey manufacturer now offering a Smart 4K TV.
3) This greatly reduces the need for the NP-1 and as such we have shifted our focus on delivering UltraFlix onto the Smart TVs.
4) We continue
to support the product and the use cases where this device is still quite valuable
in what way?
Media Hardware Two years ago we pioneered the hardware space with the award winning NP-1 product. What was not anticipated was the speed at which the 4K Smart TVs would enter the market. Given that the
primary goal of the NP-1 was to capture viewers for our 4K service and we will be on 90% of the 4K Smart TVs by the end of Q2,
5) our focus on the NP-1 has shifted from consumer to OEM relationships. We will continue to service this space, but our focus will be on optimizing recurring revenues as opposed to one time sales.
(4)
(0)
