LAS VEGAS, NV — (Marketwire) — 06/28/12 — NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK) today announced it has subscribed to OTC Markets OTCIQ service allowing it to file all corporate filings directly. The company has also filed its disclosure statements and financial statements with OTC Markets. “Our goal is to provide investors with up-to-date information,” stated Jeffrey A. Foley, NanoTech CEO. “We look forward to moving up to the OTC Market-s Current Information Tier with these filings.”
“As we expand our operations moving out of the R&D phase, we look forward to introducing our new products and technology, allowing us to greatly expand our customer base. We anticipate that these releases will help us meet our projections for the current year and beyond. We want to demonstrate our commitment to full disclosure, and we feel registration with OTC Markets is the most efficient way for us to achieve this goal. Posting up-to-date financial reports gives us an improved level of transparency that will enable shareholders to easily monitor our performance as we execute our business plan. We also believe these filings will help us access growth capital for further expansion,” stated Foley.
Headquartered in Las Vegas, NV, 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 .
“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. All other marks are the property of their respective owners.
Contact:
Denise Clifford
Phone: (702) 518-7410
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