SAN JOSE, Calif., June 6, 2013 /PRNewswire/ -- NANOTECH ENTERTAINMENT (OTC Pink: NTEK) today announced it has entered into a partnership with HANNOVER HOUSE (OTC Pink: HHSE) for the creation and operation the VODWiz website and Internet Protocol Television (IPTV) channel. VODWiz will be available on a variety of platforms at including Roku, iPhone, iPad, Android, PC and MAC. Consumers will be able to select from the extensive Hannover House library of movies ranging from Drama to Family films. The new venture will enable consumers to stream feature films on a pay-per-transaction basis, as either a traditional internet Video-On-Demand service or through the emerging IPTV digital channel formats. A "beta" site has already been published for testing with an initial offering of fifty titles from the Hannover House library, with plans to expand the title offerings this year to more than 2,500 titles from a variety of independent and studio suppliers.
VODWiz is built on the NanoTech Media NanoFlix platform. The proprietary system provides users with a continuous experience across a variety of platforms. Users can start watching a movie on one device, then pause and switch to another device. All movies include detailed descriptions and free previews. By leveraging the NanoTech global infrastructure, VODWiz provides instant access to customers no matter where they are located or what device they are streaming to.
"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."
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."
About NanoTech Entertainment
Headquartered in San Jose, CA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With three business units, focusing on Gaming, Media & IPTV and Mobile Apps, the company has a unique business model. The company has a diverse portfolio of products and technology. NanoTech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
NanoTech Entertainment (OTC Pink: NTEK) trades on OTC Pink, the open marketplace for a wide spectrum of equity securities. Investors can find real-time quotes and market information at www.otcmarkets.com.
About Hannover House
Hannover House is a full service media company, specializing in the production and distribution of feature films onto the DVD format for the North American retail marketplace. Formed in 1993, Hannover House concentrated it's activities exclusively in the literary, book-publishing industries until '2003 when the company entered into the DVD marketplace. Now, with over 70 DVD titles in active distribution, Hannover House has quickly ascended to a dominant role as a leading, independent distributor of DVD's. The company is particularly noted for its successes in placing DVD titles within mass merchandisers and key chain stores.
Retailers carrying Hannover House products include thousands of independently owned and operated retail video stores and book stores, including Barnes & Noble, Best Buy, Blockbuster Video, Borders Group, Fred Meyer Group, Hastings, SAM'S Club, Transworld Group and Wal-Mart as well as all major Internet retailers.
Hannover House (OTC Pink: HHSE) trades on OTC Pink, the open marketplace for a wide spectrum of equity securities. Investors can find real-time quotes and market information at www.otcmarkets.com.
"Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. 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.
The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. All rights reserved. VODWiz and the VODWiz logo are trademarks of Hannover House, Inc. All other marks are the property of their respective owners. "The Future of Television" is a service mark of NanoTech Entertainment, Inc., All Rights Reserved
SOURCE NanoTech Entertainment