SAN JOSE, Calif., July 30, 2015 /PRNewswire/ -- NanoTech Entertainment (OTCPINK: NTEK), a pioneer in bringing the 4K Ultra HD experience to consumers, will be releasing a major feature update to its rapidly growing and popular 4K video streaming channel, UltraFlix. These new cutting-edge application feature enhancements will enable higher quality video streaming with smooth playback.
These enhancements include:
- HDR. High Dynamic Range images are just as important as, if not more than, resolution. HDR brings images to life with a much wider color gamut and brightness. Color, hues and shades are dramatically richer. Brightness is up to 40 times richer. Contrast is enhanced up to 500 times, bringing a finer sense of dimension with more natural depth and shading. Viewers not only feel the difference, but significantly notice the fine details.
- MPEG-DASH. Dynamic Adaptive Streaming over HTTP (DASH), also known as MPEG-DASH, is an adaptive bitrate streaming technique that enables high quality streaming of media content over the Internet. MPEG-DASH works by breaking the content into a sequence of small HTTP-based file segments. Each segment contains a short interval of playback time of content that is potentially many hours in duration, such as a movie or a live broadcast of a sports event. The content is made available at a variety of different bitrates, i.e., alternative segments encoded at different bitrates covering aligned short intervals of playback time are made available. While the content is being played back by an MPEG-DASH client, the client automatically selects from the alternatives the next segment to download and playback based on current network conditions. The client selects the segment with the highest bitrate possible that can be downloaded in time for playback without causing stalls or re-buffering events in the playback. Thus, an MPEG-DASH client can seamlessly adapt to changing network conditions and provide high quality playback with fewer stalls or re-buffering events.
- Content Delivery Network (CDN). NanoTech has selected Verizon Digital Media Services, with its world-class CDN and superior quality performance, to deliver UltraFlix 4K video. Verizon Digital Media Services prepares, delivers and displays content so UltraFlix users can watch and enjoy the world's largest library of 4K content on-demand. More than 5 percent of Internet traffic is delivered on Verizon Digital Media Services' CDN, enabling clients to scale and accelerate content securely, while meeting the digital consumptions demands of today's users.
One of the key forces driving this market is the ability to deliver the best possible viewer experience. With enhanced video compression, adaptive streaming and intelligent bandwidth management technologies, UltraFlix can stream visually lossless 4K video with uninterrupted viewing at under 4Mbps. The ability to stream at these lower bandwidths means 4K Ultra HD is available to most North American and European internet subscribers today. UltraFlix also offers users with 100Mbps connections streaming quality identical to the new Ultra HD Blu-ray specifications -- another innovation first by NanoTech.
In addition to these advanced video quality playback technologies and driven by popular demand, UltraFlix will now support Electronic Sell-Through (EST), aka, purchases. With EST, UltraFlix users can access new releases sooner and buy and store them in the UltraFlix Cloud for unlimited playback and enjoyment. Later this summer UltraFlix will start offering hundreds of major studio blockbuster titles for EST and rental. Stay tuned for updates on additional TV and STB platform roll-outs over the next several weeks. NanoTech is anticipating official UltraFlix support and availability on more than 95 percent of all 4K TVs and STBs this year. HIS Supply and Digitimes Research are now forecasting more than 15 million 4K TVs will be sold in 2015 and more than 40 million in 2016. UltraFlix is perfectly positioned to be a major player in this exciting 4K UltraHD revolution.
Offering the world's largest library of 4K content, UltraFlix is a streaming network that enables subscribers to choose from a library of pristine 4K Ultra HD VOD content in a broad range of categories plus hours of free content. UltraFlix has also become the preferred 4K STB and Smart TV App for leading 4K smartTV manufacturers including HiSense, Samsung, Sony, Vizio and others that are in the process of completing their testing and integration. For more information visit 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 all aspects of the entertainment industry. With seven technology business units, focusing on 3D, Content, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. The company has a diverse portfolio of products and technology. NanoTech Media develops proprietary technology, which it licenses to publishers for use in their products, as well as creating and publishing unique content. NanoTech Media Technology includes the world's first 4K Ultra HD streaming solution. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. Clear Memories is the global leader in 3D ice carving and manufacturing technology. 4K Studios creates digital 4K Ultra HD content using both licensed materials as well as original productions. Ultra Media Group focuses on the acquisition and licensing of content. UMG also develops and creates original programming and live events for use on NanoTech networks. More information about NanoTech Entertainment and its products can be found on the web at www.NTEK.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.
NanoTech Entertainment, NanoTech Media, NanoTech Gaming Labs, NanoTech Communications, MagicScreen, 4K Studios, 4K Ultra HD logo, UltraFlix, SecureStream, NanoFlix, Nuvola GP-1, Nuvola NP-H1, Nuvola TV-U1, Nuvola NP-1, Nuvola NP-C, and ProFlix UHD and their associated logos are trademarks of NanoTech Entertainment. "The Future of Television" and "The Future of Entertainment" are Service Marks of NanoTech Entertainment. All rights reserved. All other marks are the property of their respective owners.
Marketing Contact: Aaron Taylor
Phone: (408) 414-7355 x134
Investor Contact: Dan Wong
Phone: (858) 381-5740
SOURCE NanoTech Entertainment