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NanoTech Entertainment, Inc. (NTEK) Partners With NovoSensus To Enhance Future Line Of Products

Nov. 19, 2013 1:45 PM ETNTEK
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NanoTech Entertainment, a technology company operating through five business units to focus on all aspects of the entertainment industry, has formed a strategic partnership through a financial investment with the Silicon Valley startup, NovoSensus.

As a result of this new partnership, NanoTech will use NovoSensus' real-time data technology to ensure that NanoTech's future software and hardware products will utilize the latest methods for gathering analytical data for both its consumer and commercial products.

"NovoSensus is developing some of the world's most dynamic and competitive real-time data solutions on the market," Jeff Foley, CEO of NanoTech stated in the press release. "The team Phil has put together is second to none, and we have already been impressed by the technology demonstrations we have seen. Accessing real-time customer data and non-invasive, real-time demographic data is essential for our next generation of consumer and commercial electronics. We feel the team at NovoSensus will be delivering the best solution to meet this need."

The partnership is also beneficial to NovoSensus, which continues to advance and introduce new technologies.

"We are excited NanoTech Entertainment has selected us as a partner for our real-time data technology. Having the backing from one of the fastest growing companies in Silicon Valley is a great endorsement. We look forward to working with Jeff [Foley] and his team as we rollout our technology," Phil Sakakihara, NovoSensus CEO and seasoned veteran of Silicon Valley stated in the news release.

For more information, visit NanoTechEnt.com

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