UltraFlix 4K Streaming Video Network Now a Featured Video App on all Hisense and Sharp TVs
Premium Quality UHD and HD Streaming Service to be Bundled on all
Hisense and Sharp TVs Offers More than 700 tiles of Pristine 4K and HD
PPV Movies, Concerts, TV Shows and Special Events Plus 100 Hours of Free
Content
SAN JOSE, Calif.–(BUSINESS WIRE)–NanoTech
Entertainment (OTCPINK:
NTEK) announced today that UltraFlix,
home of more than 1,000 hours of Hollywood movies, top sports and nature
documentaries, award-winning TV series and concerts, is now available on Hisense
and Sharp
Smart TVs. Hisense, the top TV brand in China, is now making a strong
push for cost effective sets in the Americas at major retailers.
Nanotech has been building its 4K library for nearly two years to
deliver an extensive collection of 4K entertainment. With a combination
of native 4K digital titles, 4K film scanning, high-quality scaling
techniques and a dedicated team of video artists, UltraFlix
has successfully amassed a selection of Hollywood hits from major
studios such as Paramount, MGM, Millennium, Magnolia and Warner.
Award-winning documentaries made for IMAX theatres, hot new TV series
from A&E Networks, concert series and stunning time-lapse motion art
from top independent producers from around the globe round out the mix.
“4K TVs were one of the hottest consumer electronics purchases this
holiday season. Shipments of 4K Ultra HDTVs surpassed expectations in
2015, reaching 6 million units in North America, with forecasts to
double that level to 12 million units in 2016, according to data just
released by market research firm DisplaySearch/HIS,” said Aaron Taylor,
NanoTech’s Executive Vice President of Sales & Marketing. “Together with
Hisense, we will be opening up premium viewing experiences to both the
cost- and quality-conscious markets.”
“At Hisense the customer is central to everything we do. Our
high-quality, yet affordably priced televisions have made us the fastest
growing 4K TV brand in the US,” said Mark Viken, VP of Marketing at
Hisense. “We are pleased to be able to enhance the customer experience
by making the world’s largest library of 4K UHD content available to
Hisense and Sharp TV owners via UltraFlix.”
About UltraFlix
Offering the world’s largest library of 4K Ultra HD content, UltraFlix
is a streaming network that enables users to choose from a library of
pristine 4K Ultra HD VOD content in a broad range of categories,
including hours of free content. UltraFlix has also become the preferred
4K set-top box and Smart TV App for leading 4K Smart TV manufacturers
including Samsung, Sony, Vizio, HiSense and others that are in the
process of completing their testing and integration. www.UltraFlix.com.
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
includes 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. www.NTEK.com.
About Hisense USA Corporation and Hisense Company, Ltd.
Hisense USA Corporation is a wholly owned subsidiary of the Hisense
Company, Ltd., established in 1969 and headquartered in Qingdao, China.
Hisense USA offers an innovative range of technology products that
disrupt the consumer electronics industry, challenge the competition and
provide significant value to consumers. Manufactured and distributed
across North America, Hisense USA’s product portfolio includes
televisions, refrigerators, air conditioners, dehumidifiers, beverage
coolers and freezers.
Hisense Company Ltd. is multinational consumer technology manufacturer
and one of the largest television brands in the world, holding the #3 TV
share position globally* and #1 TV share position in China for 12
consecutive years. The Company is committed to advancing the consumer
technology industry across North America and has dedicated R&D centers
in Atlanta, Georgia; San Jose, California; and Toronto, Canada to enable
localized product development and innovation.
Hisense products are available globally in over 130 countries and
regions, with production facilities in China, South Africa, Algeria,
Egypt, and Mexico, as well as sales offices across North America,
Europe, Australia, Middle East, and Southeastern Asia.
In recognition of its strong product offerings, aggressive expansion
strategies, global client base and continued investment in research and
development, Frost and Sullivan recognized Hisense with the 2015 Global
Competitive Strategy and Innovation Leadership Award in Smart TVs.
*Source: IHS data, Q1-Q3 2015
“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.
Contacts
NanoTech Entertainment
Marketing Contact:
Aaron Taylor,
408-414-7355 x134
aaron@ntek.com
Investor
Contact:
Dan Wong, 858-381-4622
dwong@ntek.com
