Hannover House and NanoTech Entertainment Release VODwiz Indie Film Channel Preview
Jul 30, 2013
OTC Disclosure & News Service
San Jose, CA -
Roku Users get a free Rental when signing up for the Video-On-Demand Channel
VODwiz, the IPTV / OTT venture between Hannover House, Inc. (OTCPINK: HHSE) and NanoTech Entertainment (OTCPINK: NTEK) has launched a beta-test of the new channel for independent films. The initial test launch will includes over fifty films, exclusively from the Hannover House film library. The library will continue to expand in the coming weeks and months to more than two-thousand films. The channel is initially available on the Roku platform for viewing on internet connected televisions, and will be expanding to Computers, Mobile Phones and Tablets in the coming weeks. Films can be viewed on a pay-per-transaction basis with rentals starting at just $1.99. The VODwiz titles and platform will also be available as a stand-alone video-on-demand website, VODwiz.com, which Hannover House and NanoTech plan to launch in August.
?We are very excited to launch the IPTV Channel for VODwiz,? said Hannover House C.E.O., Eric Parkinson. ?The operational infrastructure built by NanoTech for this venture will be tested and tweaked as may be needed in the coming weeks. We will also begin adding more film and video titles from our participating studio partners to continue to expand the channel. Our goal is to establish the brand as the go-to source for consumers seeking the widest variety of films on the internet and television. By having Video-on-Demand content available on our website, as well as most internet connected devices and televisions, we are able to use the most popular state of the art methods in which consumers view content."
Initial pricing under the pay-per-transaction business model will make films available for $1.99 or $2.99, with television series programming available for $1.99 per 90-minutes. Hannover House and NanoTech will be exploring a variety of consumer promotional offers, including free movies, multi-title discounts, and the possibility of a monthly subscription based option.
?Video-on-Demand websites, and the new IPTV formats, have created the opportunity for a virtual mega-video-rental store,? said Hannover House President, Fred Shefte. ?As consumers adapt the ease of streaming content directly into their homes or mobile devices, we want to build VODwiz as a dominant location for the widest variety of programming. Most of the major V.O.D. sites at present are only offering major studio blockbuster films and a handful of independent, esoteric or foreign films. We see no logical basis for why VODwiz cannot become the virtual equivalent of a video super-store with thousands of interesting and hard-to-find films instantly accessible. We share the vision with NanoTech Entertainment, that the VODwiz website and the VODwiz IPTV-ROKU channel have the potential of becoming a major destination for entertainment consumers.?
Jeff Foley, NanoTech CEO stated ?We were excited when Hannover House selected our technology as the platform to launch VODWiz . We believe that we are in the midst of a fundamental paradigm shift in how people consume their content, with on-demand programming becoming the essential delivery mechanism. Consumers no longer want to rely on a single distribution point or method for viewing and by having a library of unique titles, available on a variety of platforms will make VODwiz a great success.?
Some of the initial Hannover House titles that will be available through the VODwiz beta-test phase include the acclaimed animated feature, ?Toys in the Attic,? the nature documentary, ?Turtle: The Incredible Journey? and the sci-fi action adventure, ?Zombie Warz: Falls the Shadow.? As the platform becomes fully launched, Hannover House will upload additional titles for availability, as well as rotating in over two-thousand titles from a variety of participating studio suppliers.
Roku users can sign up for the beta-test VODwiz channel by visiting www.vodwiz.com/roku and recieve thier first rental for free.
About Hannover House
Hannover House is a full service media company, specializing in the production and distribution of feature films onto the DVD format for the North American retail marketplace. Formed in 1993, Hannover House concentrated its activities exclusively in the literary, book-publishing industries until ?2003 when the company entered into the DVD marketplace. Now, with over 70 DVD titles in active distribution, Hannover House has quickly ascended to a dominant role as a leading, independent distributor of DVD?s. The company is particularly noted for its successes in placing DVD titles within mass merchandisers and key chain stores.
Retailers carrying Hannover House products include thousands of independently owned and operated retail video stores and bookstores, including Barnes & Noble, Best Buy, Blockbuster, Costco, Fred Meyer Group, SAM?S Club and Wal-Mart as well as all major Internet retailers.
Hannover House (PINKSHEETS: HHSE) 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.
About NanoTech Entertainment
Headquartered in San Jose, CA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With five technology business units, focusing on Gaming, Media & IPTV, Mobile Apps, Glass Free 3D, 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 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. Magic Screen 3D is a leader in commercial deployment of glass free 3D screen technology. 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.
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The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. All rights reserved. VODWiz and the VODWiz logo are trademarks of Hannover House, Inc. 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
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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