NanoTech Entertainment, Inc. (OTCMKTS:NTEK) announced the addition of “G.I. JOE: RETALIATION” to UltraFlix™ streaming network. It entered into a deal with Paramount Pictures to include the explosive global hit on its Ultra HD network. The film is expected to be made available on the network in April. 2015. The news of addition of global hit received a lukewarm response from the market.
Meeting expectations
NanoTech has been continuously upgrading its library of 4K content. In fact UltraFlix is now the largest library of the premium 4K content in the world. The library has content from different spheres to attract people with vary interests. The people who are fond of sports videos can get sports 4K content, the families can look for family and drama movies. Then there are sci-fi and thriller movies, comedy movies, TV shows and many more. The diverse library ensures that no viewer is disappointed after visiting the streaming network. The network gives special privilege in form of more than 100 hours of free content.
The advance technologies
NanoTech stated that the strength of its streaming network is the use of proprietary technologies. They are a mix of adaptive streaming capabilities, effective bandwidth management and last but not the least video compression. These technologies form the base to provide lossless quality 4K video to the user. It is available for uninterrupted viewing at under 8Mbps. The services are available to a large section of North American and European net subscribers.
The momentum
Aaron Taylor who is the Executive VP of NanoTech’s Sales & Marketing Division said that the management is excited to continue offering the visually stunning and popular movies to the UltraFlix subscribers. The blockbuster movie G.I. JOE: RETALIATION is a superb addition to the already exceptional content lineup.
In the last trading session, the stock price of NTEK surged 2.92% to close at $0.0141 on share volume of 22.13 million.
