Business
NANOTECH STRENGTHENS COMMERCIAL BUSSINESS WITH ACQUISITION OF MAGICSCREEN3D
NANOTECH STRENGTHENS COMMERCIAL BUSSINESS WITH ACQUISITION OF MAGICSCREEN3D.
About this update from Nanotech Entertainment Inc
[{"type":"text","content":"\n\nv\\:* {behavior:url(#default#VML);}\no\\:* {behavior:url(#default#VML);}\nw\\:* {behavior:url(#default#VML);}\n.shape {behavior:url(#default#VML);}\n\n\n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n \nFOR IMMEDIATE RELEASE\n\n \n\nContact: \nChristian Hansen\n\nPhone: \n (858) 381-4677\n\nEmail:\n \[email protected]\n\n \n\n\n \n\nNANOTECH STRENGTHENS\nCOMMERCIAL BUSSINESS WITH ACQUISITION OF MAGICSCREEN3D\n\n \n\nGlassless 3D Products Expand NanoTech?s Commercial\nMedia Produce Offerings\n\n \n\nSan Jose, CA\n? July 22, 2013 ?NanoTech\nEntertainment (OTCPINK: NTEK) announced\nthat it has executed a definitive agreement to acquire MagicScreen3D, Inc.,\nmarket leaders in the commercial implementation of glassless 3D screen\ntechnology. \n\n \n\nJeff Foley,\nNanoTech CEO stated ?We are excited to add the MagicScreen3D products and IP to\nour portfolio. This acquisition will\nhelp continue our move into the commercial media space.? Carl Wiseman, MagicScreen3D CFO commented ?We\nare excited to become part of the NanoTech family. NanoTech has quickly been establishing itself\nas a market leader in the media space and has a very forward thinking approach\nto implementing and deploying the latest technology.?\n\n \n\nLos Gatos, CA\nbased MagicScreen3D has already rolled out its products with partners including\nRed Bull and venues including the Marquee in Las Vegas. A research study conducted by the University\nof Tilburg revealed that Red Bull advertising content on a glasses-free 3D\nmonitors increases customer?s attention by almost 45%. Also, the research\nindicated a positive impact on the sales (an 8.5% increase) of Red Bull\nproducts during the 3D advertisement test period. ?By giving the viewer a true\n3D experience while not requiring any glasses allows the MagicScreen3D products\nto help quickly captivate viewers,? Foley added.\n\n \n\nWiseman noted\n?Our clients have found that the interactivity and amazing 3D graphics produced\nby our screens helps cus...