Friday, January 03, 2014 7:46:18 PM
October 01, 2013 09:19 AM Eastern Daylight Time
SAN JOSE, Calif.--(BUSINESS WIRE)--NANOTECH ENTERTAINMENT (OTCPINK: NTEK) announced today that it has partnered with Ciao Entertainment and Television, a global provider of telecommunications products and services with headquarters in the U.S., to manufacture and market Televisions and Media Players in Brazil. Brazil is currently one of the largest, fastest growing consumer markets in the world, with over 17 million households currently subscribing to pay-tv services. According to Brazil’s communications minister Paulo Bernardo, his department sees this growth continuing to a massive 40 million “within 3 to 4 years.” Through this partnership, NanoTech and Ciao will seek to capitalize on these growth trends by manufacturing and marketing high quality state of the art Televisions and Media players for the Brazilian market.
http://www.businesswire.com/news/home/20131001006162/en/NanoTech-Entertainment-NTEK-Ciao-Entertainment-Television-Announce#.UsdUTvRDspo
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