NanoTech Entertainment, Inc. (OTCPINK: NTEK) reported today the overwhelming success of its 35mm film conversion and 4K streaming demonstrations at The American Film Market (AFM) held in Santa Monica, CA November 6-13. With the technologies, media and entertainment organizations can cost-effectively upgrade their vast libraries of standard and HD content to a resolution that is four times greater than full HD and can stream their films to the growing volume of 4K UHD TV set owners.

4K Studios, which made its debut at AFM, is a NanoTech subsidiary based in San Francisco. Using proprietary processes, the multi-million dollar facility focuses on the creation of original content shot and mastered in 4K Ultra Hi-Definition as well as the conversion of existing media into 4K digital content with a quality that cannot be matched by 2K and full HD.

For the AFM demonstrations, 4K Studios converted David Pomes' 2009 movie, Cook County, into 4K UltraHD and streamed the film through NanoTech Entertainment's breakthrough Nuvola NP-H1 TM 4K UltraHD media streaming player.

"Industry professionals who viewed the film were not only amazed at the incredible detail and sense of depth they were experiencing, they were surprised that the NanoTech technologies are available now," said NanoTech Entertainment Vice President of Product Development Alex "Lx" Rudis. "Analysts are predicting robust sales for 4K TVs, but we all know from our experience with HD and 3D that sales will be driven by content availability."

Futuresource, a specialist in tracking the distribution of entertainment to consumers, expects most global TV brands to launch a range of 4KTVs by the end of this year, with North America expected to be a key market due to the strong consumer appetite for large screens. With TV replacement cycles now at six to eight years, the market potential is there because consumers are ready to replace their early HD screens.

Dataxis, a global business intelligence firm that specializes in the telecom, TV and media businesses, estimates there will be 2.2 million 4K TV households at the end of 2013, rising to 66.2 million by end-2018.

NanoTech's Nuvola NP-H1 is a commercial-grade, plug-and-play 4K UltraHD media streaming player that will enable media and entertainment orgs to fill the need for 4K content and drive the demand for 4K devices. The player connects to 4K displays using an HDMI 1.4 output port that supports 5.1 channel audio through the HDMI cable. Designed for tough environments that require 24/7 operation, the NP-H1 is housed in a rugged aluminum case. Optional SSD drive support provides the highest 4K performance.

Availability/Pricing

4K Studio's basic service includes a 2-hour film scan, digital ICE correction, an audio sync file and hard drive delivered in Quicktime ProRes 4444 .MOV file for $9,995. Additional services are available for noise removal, color and brightness correction and multi-resolution .MP4 files compatible with every device on the market. For more information, call 1.408.414.7355, email info@4kstudios.com or visit www.4kstudios.com.

NewTech's commercial grade Nuvola NP-H1 TM 4K UltraHD media streaming player is available now for $699 and is compatible with any brand of Television and a variety of content delivery services. Upgradeable and expandable, the player features a variety of industry standard ports including SD, eSATA, and USB 3.0 connections that allow for the installation of an assortment of accessories, options and storage attachments.

NanoTech also offers consumers of 4K TVs the Nuvola NP-1 4K Ultra HD Media player bundled with 10 videos in true 4K resolution, 10 video games and 5 multimedia applications for $299. In Q4 2013, users of the same 4K Media Player will be given access to a fee-based streaming video distribution service, UltraFlix, offering a library of 4K titles.

For more information, call 1.408.414.7355, email info@nanotechent.com or visit www.nuvola4k.com.

About NanoTech Entertainment

Headquartered in San Jose, CA (News - Alert), NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With five technology business units, focusing on 3D, Gaming, Media & IPTV (News - Alert), Mobile Apps, and Manufacturing, 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 Media Technology includes the world's first Ultra HD 4K 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 Ultra HD 4K content using both licensed materials as well as original productions. 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.

About LumaForge

Headquartered in West Hollywood, CA, LumaForge has been working with 4K imagery since 2006 and has developed a cost-effective data and color pipeline based around products from Apple Corp, Blackmagic Design, SEIKI Digital, MAGMA and high-speed 4K storage from Areca CineRAID. More information about LumaForge and its products as well as services can be found on the web at www.lumaforge.com.

About ETE 2013

Founded in 2001, Createasphere has grown into a company with a worldwide reach, producing multiple events each year and maintaining five content-rich web sites. Their audience consists of content creators, content managers, technology leaders and top creative professionals. Createasphere is a world where entertainment technology and creative vision converge. More information about Createasphere can be found on the web at www.createasphere.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. UltraFlix, NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10, Nuvola NP-H1, Nuvola SC-1 are trademarks of NanoTech Media Corporation. All rights reserved. All other marks are the property of their respective owners. "The Future of Television" and "The Future of Entertainment" are service marks of NanoTech Entertainment, Inc. All Rights Reserved

Agency:
Andy Marken, 408-986-0100
Andy@Markencom.com
or
NanoTech Entertainment, Inc.
Investor:
Christian Hansen, 858-381-4677
chhansen@nanotechent.com