repost news> NTEK and UltraFlix Update from Invest
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NTEK is very close to releasing on Sony, Hisense, Samsung Tizen, Roku and Amazon Fire TV. We hope everyone can appreciate the amount of time and effort from our top/key engineers, that go into this extensive task. These OEMs have been providing a lot of support throughout this process, which is a good sign for us. Make no mistake about it, they really want UltraFlix and are pushing along with us to succeed here. (I cannot stress enough what a great sign this is)
With the execution of getting on all these platforms combined with the 4K TV market growth, there is a very good chance of meeting the UltraFlix forecast that was outlined in the shareholder meeting.
The Paramount library is well on its way of being scaled/HQ cleaned/encoded and loaded on UF. We’re already getting a lot of traction on these titles and just added over 100 cloud computing machines to push it along even faster.
The WB and A&E History Channel deals are competed and we’re planning to start offering these titles around 10/1 The WB deal includes 20 top titles as well as ongoing titles for the next year.
Announcements will come as soon as the company is able to. Again I want to stress the amount of work that goes into this and thank the company and team. We can see that it is all coming to fruition now and the future revenue growth looks extremely promising.
As always feel free to ask any questions through email or phone and will do our best to provide you with the answers.
NanoTech Entertainment Investor Relations
Daniel Wong
dan@ntek.com
858-381-5740
OmniVance Advisors
http://omnivanceadvisors.com/2015/09/25/ntek-...relations/