NanoTech Entertainment and Swig Media LLC Form Joint Venture

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Industry Veteran Dr. Ivan Gulas Joins Executive Team as CEO

  SAN JOSE, CA - 01/23/2017 (PRESS RELEASE JET)


NanoTech Entertainment (OTCPINK: NTEK), a pioneer in bringing the 4K experience to consumers, announced today that it has entered into a Joint Venture partnership with Swig Media, LLC.  Swig Founder and CEO Dr. Ivan Gulas will join the NanoTech team as CEO effective immediately.  Gulas has proven history of successful ventures in entertainment and entertainment related technologies. He is an Executive Producer and Producer of films, TV series, new media, and live-to-air sports and concert productions, and is a Member of the Producers Guild of America.  Gulas has been repeatedly cited as an innovator in entertainment industry publications, and WIRED Magazine, in a feature article on Digital Hollywood named him as one of the ‘25 players who are reinventing entertainment’ in Hollywood.

“We are excited to have Ivan join the management team at NanoTech,” stated Jeffrey Foley, NanoTech Chairman.  “His extensive background in all aspects of Movies and Distribution along with his incredible relationships will bring great value to the company.”

Gulas added “I’ve enjoyed getting to know the NanoTech team, and have had extensive experience with their award winning UltraFlix network, having partnered with them using UltraFlix on our Swig 4K Ultra HD OTT streaming media stick.  I believe that our organizations’ resources, vision and agenda could not be more complimentary. By combining effort, we are firmly positioned to secure market leadership as the destination, and brand, for peerless 4K Ultra HD entertainment globally.  I’m looking forward to working together with great enthusiasm.”

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.  More information can be found at www.NTEK.com.

About Swig Media

Swig Media is a ‘Next Generation’ video streaming provider, offering Company patented and proprietary video streaming and digital distribution services to all screens, including cinemas, with major visual quality and viewer-experience advantages over CDN services.  In sharp contrast to CDN’s, designed for delivering web content and not effective in delivering video, Swig Media’s capture and delivery solution is built from ground up to preserve and maintain production visual quality to any device, anytime and anywhere.  Swig Media offers ‘end-to-end’, ‘one-stop-shop’ distribution and live streaming services. Its cloud based, remotely accessed products and tools, seamlessly merge digital distribution solutions and the business operations of distribution, into a single, user-friendly service. Proprietary and patent Company products can manage every task essential for; Cable TV programming/playout and delivery to Cable TV head ends globally, digital online, ‘every screen’ distribution (including 24/7 linear channels, SVOD, PPV and Ad supported content), and live-event streaming over IP to Cinemas.  More information can be found at www.SwigMedia.com.

"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 Contacts:

person_outline  Full Name:Ivan Gulas
phone  Phone Number:(323) 484-1717
business_center  Company:NanoTech Entertainment, Inc.
language  Website:www.ntek.com
mail_outline  
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