NanoTech
Entertainment’s 4K Studios Partners with Illuminate Hollywood
Industry Leaders in 4K Ultra HD Film Restoration
Combine Forces & Resources
SAN JOSE, CA
– January 23, 2017 – NanoTech
Entertainment (OTCPINK: NTEK), a pioneer in
bringing the 4K experience to consumers, announced today that it has entered
into a partnership with illuminate Hollywood, the premiere Hollywood based
post-production company. 4K Studios will
be relocating its entire operations, including two
state-of-the-art 4K Ultra HD film scanners to illuminate. Combined with the 4K Studios team, the
extensive remastering and restoration resources at illuminate will provide
several proprietary and market competitive advantages to UltraFlix, NanoTech
Entertainment’s all screen and all device 4K entertainment network.
Ivan Gulas, who recently assumed the position of CEO of NanoTech Entertainment,
spearheaded this relationship with illuminate’s founders Executive Chairman
Steven Wiener and CEO Jim Hardy. Gulas
is an industry insider, whose entertainment technology company purchased
Hollywood’s legendary Pacific Title Studios in the mid 90’s where he massively
expanded the facility to enable the completion of such projects as the digital
restoration of the Wizard of Oz for
re-release by Warner Bros. Pacific Title
Studios also participated on such visual effects reliant projects as Titanic, Deep Impact, and From Earth
to the Moon which helped to herald in photorealistic CGI technologies.
Gulas stated that “illuminate
Hollywood has an industry reputation for uncompromising quality and (has) an
experienced team of professionals who pride themselves on exceptional
results. This strategic partnership,
which we anticipate will expand, will ensure that we will have the highest
quality of remastering that can be exhibited on all screens, including factory
installed UltraFlix apps on nearly all Smart 4K Ultra HD TV‘s sold in the US
(and soon internationally), blu-ray disks and cinema screens”. Steven Wiener, Chairman of illuminate
Hollywood also noted that “illuminate brings to the table advanced and unique
technological solutions that result in pristine quality, and enable remastering
film to digital restoration that otherwise would be commercially
unreasonable”.
Other resources at illuminate
include 4k production stages which also fit well with UltraFlix’s near-term
initiatives, noted Gulas, who will also look forward to Jim Hardy’s
participation in expanding new and original content on UltraFlix.
About NanoTech Entertainment
Headquartered in San Jose, CA, the heart of Silicon Valley, NanoTech
Entertainment is a technology company that focuses on 4K media procurement,
production, processing and delivery. NanoTech’s solutions include the world's
first 4K Ultra HD streaming service which is now found on most major 4K TV and
OTT streaming devices. Nanotech’s 4K Studios creates digital 4K Ultra HD
content using both licensed materials as well as original productions. More information can be found at www.NTEK.com.
About illuminate
illuminate
Hollywood is a recognized leader in film and television mastering for over 20
years. Headquartered
in Studio City, illuminate is a technology innovator in production and
post-production, serving the global entertainment industry. Working with major studios, TV networks,
digital platforms, independent producers and distributors, illuminate provides
services such as editorial, color correction, digital intermediate, and
distribution in 2K and 4K. Its production
studio, which features two fully-equipped and staffed stages and multiple
cameras for live and taped productions, has been used by television and feature
film productions such as Sons of Anarchy,
The Mentalist and Gone Girl. For the past 20 years, illuminate has also
pioneered restoration techniques that have revived valuable library content and
brought it up to today’s viewing standards. Such tent-pole programs include Star Trek: The Next Generation, 24, The
X-Files and Pee-wee’s Playhouse.
# # #
"Safe
Harbor" Statement: This press
release contains forward-looking statements, including expected industry
patterns and other financial and business results that involve known and
unknown risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance or achievements to differ materially
from results expressed or implied by this press release. Such risk factors
include, among others: the sustainability of recent growth rates in of the company;
the positioning of NanoTech Entertainment, Inc. in the market; ability to
integrate both developed and acquired companies and technology; ability to
retain key employees; ability to successfully market product offerings and
customer acceptance of products; general market conditions, fluctuations in
currency exchange rates, changes to systems and product strategy by vendors of
systems; and whether NanoTech Entertainment, Inc. can successfully gain market
share. Actual results may differ materially from those contained in the
forward-looking statements in this press release. 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.
NanoTech Entertainment,
NanoTech Media, NanoTech Gaming Labs, NanoTech Communications, 4K Studios, 4K
Ultra HD logo, UltraFlix, SecureStream, NanoFlix, Nuvola GP-1, Nuvola NP-H1,
Nuvola TV-U1, Nuvola NP-1, Nuvola NP-C,
and ProFlix UHD and their associated
logos are trademarks of NanoTech Entertainment. “The Future of Television” and
“The Future of Entertainment” are Service Marks of NanoTech Entertainment.
SwigStreaming, SwigStick, SwigCine, SwigTV are Trademarks of Swig Media LLC. All rights reserved. All other marks are the
property of their respective owners.
MEDIA CONTACT: Aly Green
Phone: 408-414-7355 x137
Email: aly@ntek.com