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San Jose, CA – July 22, 2014 – NanoTech Entertainment (OTCPINK: NTEK), a pioneer in
bringing the 4K Ultra HD experience to consumers, announced today that Tom Cosgrove, an
entertainment industry veteran and pioneer in digital UHD production, has joined NanoTech’s
Content Advisory Board. Leveraging his extensive content and brand experience, Cosgrove will
advise NanoTech in several key areas.
Cosgrove, president and CEO of the Sony , IMAX , and Discovery Communications 3net joint
venture, has been instrumental in dramatically increasing the services’ audience reach. In just
two years, 3net programming became available to more than 40 million U.S. households across
five program distribution affiliates, including DIRECTV , Comcast, Service Electric Cablevision
and Netflix . In addition, he has spearheaded numerous global programming partnerships with
top-tier international platform providers and production companies, and most recently, has led
the joint venture’s foray into original, digital 4K content production and distribution. Cosgrove
also serves as the Chairman of the International 3D and Advanced Imaging Society.
Prior to leading the joint venture, Cosgrove served as Executive Vice President and Chief
Operating Officer for Discovery Channel. Before that, Cosgrove served as General Manager of
Science Channel, where he initiated a global rebranding of the channel and had direct oversight
of network programming, development, production and marketing as well as business and brand
strategy. He joined Discovery Communications as Senior Vice President of Programming for
several of the company’s most visible channel brands.
Previously, Cosgrove served as General Manager for TV Guide Channel, where he had direct
oversight of content and brand strategy. Cosgrove also held senior management positions at ABC
Family, Fox Family, Fox Kids, and Fox Broadcasting, spanning live sports, programming,
acquisitions, marketing, research, sales, operations, and affiliate relations. Cosgrove holds an
MBA and B.A. from the University of Wisconsin.
Analysts agree that the two factors influencing the success of 4K technology are widespread
adoption of 4K UHD TVs and the availability of 4K content. According to presentations made
at the recent 2014 SID Business Conference to kick-off Display Week, UHD TV is poised for
dramatic growth. IHS Inc. co-sponsored the event under the tutelage of Sr. Director Sweta Dash,
who reported that 4K TVs are forecast to sell up to 15M sets in 2014, up from just 3M TVs in
2013. That’s moving from 1% to 6% TV market share this year (2014.) IHS reported the