NTEK -- HHSE PR Breakdown 3 "We are very pleased

NTEK -- HHSE PR Breakdown 3

"We are very pleased to be working with the creative and technical experts at NanoTech on the launch of this new venture," said Hannover House C.E.O. Eric Parkinson.  "We think that the VODWiz concept is revolutionary in its approach to make independently produced films readily accessible through Video-On-Demand and through the emerging IPTV & OTT platforms. With film content from Hannover House and over a dozen suppliers, the NanoTech team is creating an exciting platform for home entertainment and mobile device streaming.  It's a brave new media world, and this new venture is the cutting edge of what experts forecast to be a multi-billion dollar market within the next three years."

A new concept, VOD without the use of a go between (cable/satellite) provider. That is what OTT platform is all about, no third parties to take a slice of the pie.I like that Multi-Billion dollar market. Just a small chunk means big revs for those riding the face of the wave, oh that would be US!

NanoTech CEO Jeffrey A. Foley commented, "NanoTech is committed to providing ground breaking technology combined with great user experience.  Our team has a rich history of innovation in every market that we have been in and continue to create state of the art solutions.   We were excited when the Hannover House team approached us to use our technology in crafting their channel.  With an ever growing roster of channels based on the NanoFlix technology, we truly believe that NanoTech is providing the Future of Television."

No mention of using HHSE as a means of getting product into stores or markets. However, we read in a blog it was their (HHSE) intent to use their affiliation with market places as a means to get others products into those markets with a small fee of course.