San Jose, CA, June 03, 2010 --(PR.com
)-- NanoTech Entertainment (OTCQB: NTEK) is pleased to announce that its shares are now being quoted on the OTCQB™ Marketplace. The OTCQB market was recently introduced to better distinguish OTC securities that are registered and fully reporting with the Securities and Exchange Commission (SEC) or a U.S. banking or insurance regulator. Listings may be found at http://www.otcmarkets.com. As a result of NanoTech’s OTCQB designation, investors can now view real-time RMES stock quotes with market depth (level 2). To access these real-time quotes, go to the investors section of our website at www.nanotechent.com and use the "Real-Time Quotes" link.
The creation of the OTCQB market tier was announced in April 2010 by Pink OTC Markets Inc. The OTCQB includes the 3,050 securities that are currently quoted in both Pink OTC Markets' electronic interdealer quotation system and FINRA's OTCBB™. Pink OTC Markets' electronic interdealer quotation and trading system has become the leading platform for market makers, agency brokers and ECNs in the U.S. OTC market. More broker-dealers are choosing the superior performance and functionality of Pink OTC Markets' open, transparent and broker-neutral platform over FINRA's OTCBB for publishing quotes in SEC reporting and bank reporting stocks. Pink OTC Markets makes Real-Time Level 2 market maker quotations for all OTCQB securities available to investors on www.otcmarkets.com. All securities in the new OTCQB tier will be displayed on www.otcmarkets.com with an icon reading, "OTCQB - U.S. Registered."
Separately, FINRA has announced the proposed sale of the OTCBB.com Web site URL and reservation rights as well as certain OTCBB.com content and the OTCBB trademark.
About NanoTech Entertainment
NanoTech Entertainment is a technology company that has a unique business model operating as a global virtual manufacturer. NanoTech develops its technology and games, and then licenses 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. With an ever-expanding lineup of technology and products, NanoTech is redefining the role of developers and manufacturers in the global gaming market. NanoTech Entertainment is traded on the OTCBB under the NTEK symbol. More information about NanoTech Entertainment and its products can be found on the web at www.nanotechent.com.
Except for the statements of historical fact, the information contained herein is of a forward-looking nature. Such forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements expressed or implied by statements containing forward-looking information. Accordingly, readers should not place undue reliance on statements containing forward looking information.. Investors are urged to consider closely the disclosure in our Form 10-K which may be viewed on the NanoTech Entertainment website at http://www.nanotechent.com/investors.php or from the SEC website at http://www.sec.gov/edgar.shtml.
The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. All rights reserved. All other marks are the property of their respective owners.