NanoTech Entertainment (NTEK) Announces East Coast R&D Facilities

Updated

NanoTech Entertainment (NTEK) Announces East Coast R&D Facilities

NanoTech Expands Operations in New England with Fifteen New Staff Members


SAN JOSE, Calif.--(BUSINESS WIRE)-- NANOTECH ENTERTAINMENT (OTCPINK: NTEK) announced today the grand opening of its east coast operations located south of Boston, in East Bridgewater Massachusetts. Setup of the research and development facility has been completed with further east coast expansion planned for early next year. NanoTech Vice President Philip Foley is heading up the operations. Foley announced "We are very excited about the rapid growth of our NanoTech R&D team. We have several ground breaking mobile apps about to enter the market, all of which have been developed by my team. We have recently hired fifteen new employees that will be working 3 shifts, expanding both our development team and support infrastructure."

NanoTech Director Ted Campbell added "Phil has been able to do a tremendous job of recruiting world class talent from the Greater Boston area to expand our team. With some of the world's best universities nearby, there is a tremendous talent pool to pick from. The NanoTech Communications team, headquartered in the new facility, is preparing to launch multiple mobile phone and tablet applications. The release of the new apps combined with the needed additional development and support for the growing library of streaming media products has fueled our expansion. This office gives us a strong presence in New England." Campbell added "with the coming shipments of multiple new consumer products, we anticipate continuing the expansion including the opening an east coast warehouse and distribution center in the near future."

Foley closed by stating "NanoTech has seen tremendous growth in the past year, bringing world class products to the market. We are extremely excited about the new members of our team joining us as we continue to deliver The Future of Entertainment."

About NanoTech Entertainment

Headquartered in San Jose, CA, 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, 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 4K UltraHD 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. 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.

"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. NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10, Nuvola NP-H1 and Nuvola NP-S1 are trademarks of NanoTech Media Corporation. All rights reserved. All other marks are the property of their respective owners. "The Future of Television", "The Future of Entertainment" and "Smarter TV" are service marks of NanoTech Entertainment, Inc., All Rights Reserved



NanoTech Entertainment
Christian Hansen, 858-381-4677
chhansen@nanotechent.com

KEYWORDS: United States North America California Massachusetts

INDUSTRY KEYWORDS:

The article NanoTech Entertainment (NTEK) Announces East Coast R&D Facilities originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement

Advertisement