LAS VEGAS, July 9, 2012 /PRNewswire/ -- NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK) is pleased to announce it has been upgraded by OTC Markets to "OTC Pink Current Information". By meeting the OTC Markets guidelines for providing current information the company is now listed on the highest classification for Pink Sheets companies.
"Meeting this objective was a significant first step in the transition of the new management team the execution of our business plan. We are excited to have the recognition by OTC Markets and look forward to our continued expansion and rollout of new products and services," stated CEO Jeffrey A. Foley.
Foley further commented, "It is exciting to be developing products and services that will help put an indelible fingerprint on the next two decades. Now that our filings with the OTC Markets are behind us, we are looking forward to the coming weeks as we will be making major announcements outlining our expansion into multiple markets including several strategic partnerships and acquisitions."
The OTC Filings can be viewed here: www.otcmarkets.com/stock/NTEK/filings
About NanoTech Entertainment
Headquartered in Las Vegas, NV, 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 (PINKSHEETS: 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.
"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. All other marks are the property of their respective owners.
Contact: Denise Clifford
Phone: (702) 518-7410
SOURCE NanoTech Entertainment