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SAN JOSE, Calif., June 6, 2013 /PRNewswire/ -- NANOTECH
ENTERTAINMENT (OTC Pink: NTEK) today announced it has entered into
a partnership with HANNOVER HOUSE
(OTC Pink: HHSE) for the creation and operation the VODWiz website
and Internet Protocol Television (IPTV) channel. VODWiz will
be available on a variety of platforms at including Roku, iPhone,
iPad, Android, PC and MAC. Consumers will be able to select
from the extensive Hannover House library of movies ranging from
Drama to Family films. The new venture will enable consumers
to stream feature films on a pay-per-transaction basis, as either a
traditional internet Video-On-Demand service or through the
emerging IPTV digital channel formats. A "beta" site has
already been published for testing with an initial offering of
fifty titles from the Hannover House library, with plans to expand
the title offerings this year to more than 2,500 titles from a
variety of independent and studio suppliers.
VODWiz is built on the NanoTech Media NanoFlix platform.
The proprietary system provides users with a continuous experience
across a variety of platforms. Users can start watching a
movie on one device, then pause and switch to another device.
All movies include detailed descriptions and free previews.
By leveraging the NanoTech global infrastructure, VODWiz provides
instant access to customers no matter where they are located or
what device they are streaming to.
"We are very pleased to be working with the creative and
technical experts at NanoTech on the launch of this new venture,"
said Hannover House C.E.O. Eric Parkinson. "We think that the
VODWiz concept is revolutionary in its approach to make
independently produced films readily accessible through
Video-On-Demand and through the emerging IPTV & OTT
platforms. With film content from Hannover House and over a
dozen suppliers, the NanoTech team is creating an exciting platform
for home entertainment and mobile device streaming. It's a
brave new media world, and this new venture is the cutting edge of
what experts forecast to be a multi-billion dollar market within
the next three years."
NanoTech CEO Jeffrey A. Foley
commented, "NanoTech is committed to providing ground breaking
technology combined with great user experience. Our team has
a rich history of innovation in every market that we have been in
and continue to create state of the art solutions. We
were excited when the Hannover House team approached us to use our
technology in crafting their channel. With an ever growing
roster of channels based on the NanoFlix technology, we truly
believe that NanoTech is providing the Future of Television."
About NanoTech Entertainment
Headquartered in San Jose,
CA, 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 (OTC Pink: 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.
About Hannover House
Hannover House is a full service media company,
specializing in the production and distribution of feature films
onto the DVD format for the North American retail marketplace.
Formed in 1993, Hannover House concentrated it's activities
exclusively in the literary, book-publishing industries until '2003
when the company entered into the DVD marketplace. Now, with over
70 DVD titles in active distribution, Hannover House has quickly
ascended to a dominant role as a leading, independent distributor
of DVD's. The company is particularly noted for its successes in
placing DVD titles within mass merchandisers and key chain
stores.
Retailers carrying Hannover House products include thousands of
independently owned and operated retail video stores and book
stores, including Barnes & Noble, Best Buy, Blockbuster Video,
Borders Group, Fred Meyer Group, Hastings, SAM'S Club, Transworld
Group and Wal-Mart as well as all major Internet retailers.
Hannover House (OTC Pink: HHSE) 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. VODWiz and the VODWiz logo
are trademarks of Hannover House, Inc. 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:
|
Christian Hansen
|
Phone:
|
(858) 381-4677
|
Email:
|
chhansen@nanotechent.com
|
SOURCE NanoTech Entertainment