NEWS> UltraFlix 4K Streaming Video Network Now a F
Post# of 96879
Premium Quality UHD and HD Streaming Service to be Bundled on all Hisense and Sharp TVs Offers More than 700 tiles of Pristine 4K and HD PPV Movies, Concerts, TV Shows and Special Events Plus 100 Hours of Free Content
March 16, 2016 01:29 PM Eastern Daylight Time
SAN JOSE, Calif.--(BUSINESS WIRE)--NanoTech Entertainment (OTCPINK: NTEK) announced today that UltraFlix, home of more than 1,000 hours of Hollywood movies, top sports and nature documentaries, award-winning TV series and concerts, is now available on Hisense and Sharp Smart TVs. Hisense, the top TV brand in China, is now making a strong push for cost effective sets in the Americas at major retailers.
UltraFlix lands on Hisense and Sharp 4K TVs!
Nanotech has been building its 4K library for nearly two years to deliver an extensive collection of 4K entertainment. With a combination of native 4K digital titles, 4K film scanning, high-quality scaling techniques and a dedicated team of video artists, UltraFlix has successfully amassed a selection of Hollywood hits from major studios such as Paramount, MGM, Millennium, Magnolia and Warner. Award-winning documentaries made for IMAX theatres, hot new TV series from A&E Networks, concert series and stunning time-lapse motion art from top independent producers from around the globe round out the mix.
“4K TVs were one of the hottest consumer electronics purchases this holiday season. Shipments of 4K Ultra HDTVs surpassed expectations in 2015, reaching 6 million units in North America, with forecasts to double that level to 12 million units in 2016, according to data just released by market research firm DisplaySearch/HIS,” said Aaron Taylor, NanoTech's Executive Vice President of Sales & Marketing. “Together with Hisense, we will be opening up premium viewing experiences to both the cost- and quality-conscious markets.”
“At Hisense the customer is central to everything we do. Our high-quality, yet affordably priced televisions have made us the fastest growing 4K TV brand in the US,” said Mark Viken, VP of Marketing at Hisense. “We are pleased to be able to enhance the customer experience by making the world’s largest library of 4K UHD content available to Hisense and Sharp TV owners via UltraFlix.”
About UltraFlix
Offering the world’s largest library of 4K Ultra HD content, UltraFlix is a streaming network that enables users to choose from a library of pristine 4K Ultra HD VOD content in a broad range of categories, including hours of free content. UltraFlix has also become the preferred 4K set-top box and Smart TV App for leading 4K Smart TV manufacturers including Samsung, Sony, Vizio, HiSense and others that are in the process of completing their testing and integration. www.UltraFlix.com.
About NanoTech Entertainment
Headquartered in San Jose, CA, the heart of Silicon Valley, NanoTech Entertainment is a technology company that focuses on 4K media procurement, production, processing and delivery. NanoTech’s solutions includes the world's first 4K Ultra HD streaming service which is now found on most major 4K TV and OTT streaming devices. Nanotech’s 4K Studios creates digital 4K Ultra HD content using both licensed materials as well as original productions. www.NTEK.com.
About Hisense USA Corporation and Hisense Company, Ltd.
Hisense USA Corporation is a wholly owned subsidiary of the Hisense Company, Ltd., established in 1969 and headquartered in Qingdao, China. Hisense USA offers an innovative range of technology products that disrupt the consumer electronics industry, challenge the competition and provide significant value to consumers. Manufactured and distributed across North America, Hisense USA’s product portfolio includes televisions, refrigerators, air conditioners, dehumidifiers, beverage coolers and freezers.
Hisense Company Ltd. is multinational consumer technology manufacturer and one of the largest television brands in the world, holding the #3 TV share position globally* and #1 TV share position in China for 12 consecutive years. The Company is committed to advancing the consumer technology industry across North America and has dedicated R&D centers in Atlanta, Georgia; San Jose, California; and Toronto, Canada to enable localized product development and innovation.
Hisense products are available globally in over 130 countries and regions, with production facilities in China, South Africa, Algeria, Egypt, and Mexico, as well as sales offices across North America, Europe, Australia, Middle East, and Southeastern Asia.
In recognition of its strong product offerings, aggressive expansion strategies, global client base and continued investment in research and development, Frost and Sullivan recognized Hisense with the 2015 Global Competitive Strategy and Innovation Leadership Award in Smart TVs.
*Source: IHS data, Q1-Q3 2015
www.hisense-usa.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.
Contacts
NanoTech Entertainment
Marketing Contact:
Aaron Taylor, 408-414-7355 x134
aaron@ntek.com
Investor Contact:
Dan Wong, 858-381-4622
dwong@ntek.com
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