NANOTECH ISSUES A LETTER TO SHAREHOLDERS

FOR IMMEDIATE RELEASE

Contact:          Christian Hansen

Phone:             (858) 381-4677

Email:              chhansen@nanotechent.com

NANOTECH ISSUES A LETTER TO SHAREHOLDERS

Discusses Clear Memories Acquisition

San Jose, CA ? July 17, 2013 ?NanoTech Entertainment  (OTCPINK: NTEK) CEO addressed questions about the latest news.

?In early 2012 when I was approached to take over as CEO of NanoTech Entertainment, my primary concern was being able to invest the time and effort required in order to make such a commitment.  To that end, we negotiated a deal whereby Clear Memories would be acquired by NanoTech as part of my joining, and we would be able to replace my responsibilities at Clear Memories assuring that the transaction would not negatively impact either company.   The acquisition is a straight stock for stock exchange requiring no cash outlay while bringing positive cash flow to the bottom line of NanoTech.

Clear Memories was started in my garage, and through the use the proprietary technology that we created, we have built the business into the premiere provider in the San Francisco Bay Area.  Clear Memories is a profitable, stand-alone business unit that brings value to the shareholders by increasing both cash flow and profits while taking no additional resources.  In addition, the business can grow and take advantage of shared resources already in place with NanoTech, giving the ability for further growth and increased profits.

NanoTech is a diverse entertainment company made up of multiple business units all based on technology.  Clear Memories is the market leader in using technology to create its products.  Through its commercial sales, as well as its consumer division, Artistic Ice Designs, we have made a significant impact in the market.  Some of NanoTech?s products and services are used in the event industry.  This market space is something that Clear Memories is intimately familiar with and this deal only strengthens both companies.?

About NanoTech Entertainment

Headquartered in San Jose, CA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry.  With four technology business units, focusing on 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 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.

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