NanoTech Entertainment (NTEK) Expands TV Apps Library With New Acquisition

LAS VEGAS, Jan. 11, 2013 /PRNewswire/ -- NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK)  today announced from the CES in Las Vegas that it has completed a partnership agreement giving it exclusive sales and distribution rights to a library of IPTV apps developed by Silicon Valley development team Yungblood Enterprises.   The Library includes a variety of information, social and gaming applications for the new generation of TV's and set top boxes.

The first product, "StockWatch TV" will be available for subscription on the Roku platform in February 2013, and Samsung SmartTV shortly thereafter.  StockWatch TV allows investors to monitor their portfolio on their TV.  It includes a built in screen saver function that scrolls users portfolio data when other TV programs are not being watched.    

"NanoTech Media's combination of proprietary publishing tools, and content acquisitions is positioning us to be a leader in the next generation of television," Stated CEO Jeffrey A. Foley.  "We truly believe that the market is moving into an environment where all screens are going to be information and entertainment devices.  Consumers won't just get data from your phone, but also their TV.  Having the apps from Yungblood will help us round out our offerings and strengthen our overall position to continue to develop products focused on the Future of Television."

Other products to be distributed by NanoTech include social media apps connecting your webcam to your SmartTV and games for the new generation of Smart TV's and IPTV boxes such as the Roku.

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.  "The Future of Television" is a service mark of NanoTech Entertainment, Inc., All Rights Reserved

Contact: Denise Clifford
Phone: (702) 518-7410
Email: [email protected]

SOURCE NanoTech Entertainment

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