SAN JOSE, Calif.--(BUSINESS WIRE)--NanoTech Entertainment (OTCPINK:NTEK), a pioneer in bringing the 4K Ultra HD experience to consumers, announced today that its Nuvola NP-1™ 4K Ultra HD streaming video player received Ultra HDTV Magazine’s 2014 Best of CES Award in the Ultra HD Media Player category. The Nuvola NP-1 is the world’s first streaming media player that supports 4K Ultra HD movies and videos.

In evaluating products for its “Best Ultra HD Media Player” category, Ultra HDTV Magazine editors took a first-hand look at the products on the CES show floor. The objective was to find the product that “best bridges the huge gap between Ultra HD content and a newly purchased Ultra HDTV that will truly advance the progression of Ultra High Definition for practical use.”

In making the award announcement, Ultra HDTV Magazine said, “The Nuvola can play 4K content locally from USB, SATA, LAN, and MicroSD sources -- but what really makes this device a winner is its ability to stream 4K from a channel without the need to download content before playback. Specifically, the Nuvola can stream 4K content from pre-installed apps including Netflix, Hulu Plus, Amazon Instant Video, YouTube 4K, and 'UltraFlix™ -- a new 4K Ultra HD channel from NanoTech. The bundled UltraFlix channel app comes with access to 10 streaming Ultra HD movies, free of charge. The Nuvola is a brilliant device for linking Ultra HD Content to any Ultra HDTV with an HDMI port. multifunction device that can be used to decode a variety of video formats and resolutions including 4K Ultra HD, HD, SD and 3-D movies as well as playing state-of-the art 3-D Video games.”

“We are truly honored to have the Nuvola NP-1 chosen for Ultra HDTV Magazine’s prestigious Best of CES Ultra HD Media Player Award,” said Aaron Taylor, Senior Vice President of Sales & Marketing for NanoTech. “Having your product recognized as the best by your industry peers reaffirms our success in making The Future of Television affordable with ground-breaking technology. “

This was the second honor the Nuvola NP-1 4K Ultra HD streaming media player received last week. Additionally, the streaming media player received a Storage Visions Award for Visionary Home Entertainment product of 2014. The product was cited for its superior ability to economically deliver exciting 4K Ultra HD content to the home.

Availability/Pricing

The Nuvola NP-1 is available for new customers in January 2014 for $299. Measuring just 4 inches by 4 inches, the multifunction set- top box comes with an ergonomically designed second-generation Bluetooth remote as well as over fifteen video, audio, social media and communications applications and five games pre-installed. Access to ten Streaming Movies is also provided free of charge on the UltraFlix UHD Network. Upgradeable and expandable, the Nuvola NP-1 features a variety of industry standard ports for MicroSD and USB connections that enable users to install a variety of accessories, options and storage attachments. For more information on Nuvola 4K media players, call (408) 414-7355, email info@nanotechent.com or visit http://www.nuvola4k.com.

About NanoTech Entertainment

Headquartered in San Jose, CA NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With six technology business units, focusing on 3D, 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 Media Technology includes the world's first Ultra HD 4K streaming solution. 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. 4K Studios creates digital Ultra HD 4K content using both licensed materials as well as original productions. 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.

The NanoTech Entertainment logo, UltraFlix and Nuvola NP-1are trademarks of NanoTech Entertainment. All rights reserved. All other marks are the property of their respective owners.