SAN JOSE, Calif., March 1, 2013 /PRNewswire/ -- NANOTECH
GAMING LABS, a division of NANOTECH ENTERTAINMENT (OTCPINK: NTEK)
today announced the debut of its first Video Redemption Game,
JUMPER will be at the Amusement Expo 2013 in Las Vegas NV.
The Amusement Expo will be held from March
20, 2013 to March 22, 2013 at
the Las Vegas Convention Center.
Jeffrey A. Foley CEO of NanoTech commented, "We are excited
about the roll out of our first Video Redemption Coin-Op machine,
Jumper. It is based on our new Video Redemption engine that
has been in development for the past couple of years. We have
combined that engine with some our proprietary Artificial
Intelligence routines that allow for the machines to maximize
earnings and replays while maintaining the highest level of
enjoyment for the players." Foley continued, "We are looking
forward to showing off the machine to Operators and Distributors at
the Las Vegas show."
The Amusement Expo is a focal point for the Coin-Op industry -
serving as a showcase for the latest new equipment for the trade;
providing hands-on information for buyers and sellers of the
industry; and acting as the primary face-to-face conduit between
trade partners in the coin machine business. Like many industry
trade events, the AMOA Expo is the annual business barometer for
the marketplace it serves. For those who need to keep abreast of
the latest developments or want to maintain valuable contacts with
fellow coin machine business men and women, the annually-conducted
Expo is the place to be.
Foley closed stating, "Jumper is the first in a line of new
Coin-Op video redemption products based on the new NanoTech Gaming
Labs 'Ticker' game engine. We have multiple products slated
to run on the new platform. Ticker provides a cross platform,
low cost deployment for machines while providing state of the art
features and performance. The engine runs on a variety of
hardware including Intel ATOM based PC boards, Broadcom SOC systems
such as the Raspberry Pi, and many other dedicated single board
computers. By having a flexible embedded engine, we can not
only build exciting new machines, but also offer low cost upgrade
kits to operators who wish to upgrade their existing cabinets to a
fresh new game. We have conservatively forecasted our Ticker
based games to generate several million in gross revenues and over
a million dollars in profits for 2013. We are very excited
about the debut of the first game this month."
About NanoTech Entertainment
Headquartered in
San Jose, CA, with US operations
in NV, MA, along with India and
China, NanoTech Entertainment is a
global 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 (OTCPINK: 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.
"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. "The Future of
Television" is a service mark of NanoTech Entertainment, Inc., All
Rights Reserved
Contact:
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Denise Clifford
|
Phone:
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(702) 518-7410
|
Email:
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denise@nanotechent.com
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SOURCE NanoTech Entertainment