SAN JOSE, Calif., June 12, 2015 /PRNewswire/ -- NanoTech Entertainment (OTCPINK: NTEK), a pioneer in bringing the 4K Ultra HD experience to consumers, announced today a licensing agreement with Alchemy, a leading independent distributor of film and television content. With the agreement, UltraFlix™, NanoTech's award-winning 4K Ultra HD network, has been granted the distribution rights to the Alchemy library of full-length feature movies as well as ongoing new releases from the studio.
4K Studios, a NanoTech subsidiary with facilities in San Francisco and Hollywood, is currently in the process of digitally re-mastering the films for immersive crystal clear 4K Ultra HD viewing.
Some of the movies being added to the UltraFlix network's growing library of 4K Ultra HD content include top tier actors in a variety of genres:
- Action & Crime Dramas including
- Assault on Precinct 13 starring Ethan Hawke and Laurence Fishburne
- Seal Team IV starring Cam Gigandet and Anson Mount
- Marines starring Brant Cotton and Frank Sallo
- Thrillers including
- Sacrifice starring Cuba Gooding Jr and Christian Slater
- Adopting Terror starring Sean Astin and Monet Mazur
- Born Bad directed by Jared Cohn
- Comedies including:
- Dance Fu starring Cedric the Entertainer and Kat Graham
- Employee of the Month starring Jessica Simpson, Dax Shepard and Dane Cook
- Bikini Spring Break starring Rachel Alig, Virginia Petrucci and Samantha Stewart
- Horror Thrillers including:
- It's Alive directed by Josef Rusnak
- Infestation written and directed by Kyle Rankin
- XII starring Emily Hardy and Mercedes McNab
- Science Fiction movies including:
- American Warship starring Mario Van Peebles and Carl Weathers
- Evil Alien Conquerors written and directed by Chris Matheson
- Showdown at Area 51 starring Gigi Edgley and Jason London
- Dramas including:
- A Little Trip to Heaven starring Forest Whitaker and Julia Stiles
- August starring Adam Scott, Josh Hartnett and Naomie Harris
- Faces in the Crowd starring Milla Jovovich
"Alchemy has been one of the most prolific independent studios for years. With a vast catalog of top quality films with some of the biggest names in Hollywood, we are adding a large quantity of quality films for the UltraFlix Network," said Aaron Taylor, NanoTech's Executive Vice President of Sales and Marketing. "We're excited about partnering with Alchemy so our viewers can enjoy a wide variety of movies from every genre all digitally re-mastered by 4K Studios with the incredible detail and amazing depth of 4K."
"UltraFlix provides a great platform that allows studios to optimize the life of a film," said Logan Mulvey, SVP, Digital Distribution for Alchemy. "By using their proprietary 4K re-mastering techniques, UltraFlix can stream visually lossless 4K video renderings of our films at a quality never experienced before outside the theatre."
Alchemy is a leading independent distributor of film and television content across all platforms and windows in North America. Alchemy develops tailored distribution strategies across all platforms, from theatrical release to DVD, digital, VOD, and television. Under CEO Bill Lee's direction, the company has distributed the work of some of the world's finest filmmakers including Richard Linklater, Werner Herzog, Gregg Araki, Dito Montiel, John Hillcoat, John Turturro, Lee Daniels, Oren Moverman and James Cameron. Recent successes include WELCOME TO ME, FADING GIGOLO, WHAT MAISIE KNEW, RAMPART, and BERNIE.
Alchemy boasts the independent industry's pre-eminent end-to-end supply chain solution for physical and digital distribution of content to major retailers. The company has the largest footprint of any independent supplier to bricks and mortar businesses, and is one of only two independent aggregators for Target, where Alchemy represents 75% of all independent titles sold. It is also the leading supplier to digital platforms including iTunes, Netflix and VOD.
The company owns a catalog of 810 film titles and has deals for the ongoing distribution of film titles and programming for clients including PBS Distribution, nCircle, Phase 4 Films, Magnolia, MPI Media Group, Well Go, Music Box Films, Inception, and Hammer Horror, among many others.
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 Smart TV 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
Email: [email protected]
Investor Contact: Dan Wong
Phone: (858) 381-4622
Email: [email protected]
SOURCE NanoTech Entertainment