NANOTECH ENTERTAINMENT (NTEK) RELEASES POSITIVE

NANOTECH ENTERTAINMENT (NTEK)
RELEASES POSITIVE FINANCIALS AND COMPLETES STOCK BUYBACK

Q3FY13 Revenues up 37% - Further Reduction in Outstanding
Shares

San Jose, CA
– May 6, 2013 – NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK) today announced that
it has released its Quarterly Financials for the period ending March 31, 2013 (Q3FY13).  The report shows revenues are up 37% over
projections.  NanoTech also completed the
third phase of a plan to buy back shares of its common stock.  The NanoTech Board of Directors authorized a
share repurchase  program under which the company repurchased 42 million shares of
its outstanding common stock in a privately negotiated transaction designed to optimize
resources and cash flow while reducing outstanding shares.  So far in 2013 a total reduction of 238 million
shares have been acquired by the company and returned to treasury.

“Our total
issued and outstanding shares have now been reduced to fewer than 546 million
shares.  The shares have been returned to
treasury and our new lower total outstanding shares are now reflected in our
accounts at our transfer agent," stated Jeffrey A. Foley, President and
CEO of NanoTech.  “This continued reduction
in outstanding shares has given us more leverage for future contracts and
investments strengthening the company while increasing shareholder value.”   Foley
closed by stating “With  pinball product sales higher than forecast, combined revenues
being to flow from both our media and communications divisions, we are looking
for a continuation of growth in the second quarter of 2013 (Q4FY13) and beyond.  Our goal is to move into profitability this
year.”