Nanotech Gaming, Inc. NTGL
NanoTech Gaming Announces Promotion of Aaron Hightower to PresidentTechnical expertise and business skill-set elevate Hightower
Technical expertise and business skill-set elevate Hightower to this senior position.
Las Vegas, NV — September 23, 2015 — InvestorsHub NewsWire — NanoTech Gaming (OTCPINK: NTGL), creators of the most compelling gaming experiences using the latest technology for land-based casino, consumer and arcade markets, is pleased to announce that VP of Gaming Technology Aaron Hightower has been promoted to President of NanoTech Gaming, effective immediately.
First of all I would like to compliment Aaron on his diligent performance working on all aspects of NanoTech Gaming, stated Alan Stone, chairman and CEO of NanoTech Gaming. His technical experience and high-energy approach to the business development side makes him highly qualified to take on his new position as President of NanoTech Gaming.
Hightower has been involved with NanoTech Gaming for nearly 2 years as its VP of Gaming Technology. He has multiple decades of experience with all aspects of game creation on a breadth of different platforms and development environments. He also understands the business development side of the company, and how to capitalize on bringing new and unique immersive experiences to players worldwide through the use of the most advanced technology and design. This expands the executive management team and better positions the company for growth.
Stephen Riesenberger, Creative Director of NanoTech Gaming, added, It is truly a pleasure to work alongside Aaron again. He and I and Adrian Ludley, our Senior Art Director, all worked together for a very well-known coin-operated arcade-game company in Milpitas, California. Here in Vegas, Aaron was instrumental in putting the band back together. Now we are in the process of bringing new players to the casino industry through the transformative innovation of skill-based and hybrid gambling games. Im very excited about the Future of Gaming in Nevada, and worldwide!
NanoTech Gaming Now Trading as NTGL
LAS VEGAS, May 22, 2015 /PRNewswire/ — NanoTech Gaming (OTCPINK: NTGL), a Casino Gaming and Out of Home Game Developer and Manufacturer leveraging proprietary technology to deliver state-of-the-art products and services, announced today that it has completed the move to OTC Markets following the acquisition of High Velocity Enterprises, Inc. (HVEL) as part of an overall corporate reorganization. NTGL was spun out from the Gaming Labs division of NanoTech Entertainment along the division’s IP portfolio and full gaming operations into the new company. FINRA has approved the name change and issued a new ticker symbol for NanoTech Gaming which trades under the symbol NTGL effective immediately.
NanoTech Gaming has retained Omnivance Advisors to handle shareholder and investor relations providing focused communications for the company’s existing shareholders as well as the investment community. The company is in the process of registering the shares that were previously issued as part of the acquisition of the intellectual property and assets.
Alan Stone, Chairman and CEO of NanoTech Gaming, stated, “We are excited to complete this transition and look forward to working with our shareholders and investors under our new trading symbol NTGL.”
Aaron Hightower, Senior VP of Gaming Technology close by saying, “We have incredibly exciting times ahead of us. I know that I speak for me and the entire NanoTech Gaming team when I say that we are truly developing the Future of Gaming. We are very excited about the changing landscape of gaming and being at the very leading edge of designing and implementing technologies that will advance the gaming space in the coming years.”
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etter to Shareholders from NanoTech CEO Peter Riordan Initial Reach Out to Shareholders Addressing Recent Questions
Alan Stone has been named the Chairman and CEO of the company
About Alan Stone (CEO of Gaming Labs)
Mr. Alan D. Stone has been the Chief Operating Officer of NanoTech Entertainment, Inc. since January 2014. Mr. Stone served as the President and Executive Vice President at Sega Enterprises, Inc., from October 1994 to 2004. Mr. Stone served as President of Sega Gameworks. Mr. Stone served as Vice President of Sales and Marketing, for Nintendo of America, Inc., that he co-founded in 1980. Mr. Stone is employed at Greystone Digital Technology Inc. He has been Director of NanoTech Entertainment, Inc since January 2013. Mr. Stone received his BA from the University of California, Berkeley, and his MBA in finance and economics at the University of Washington, Seattle.
UPDATE: HVEL Security Details as of March 3rd 2015:
NanoTech Completes Acquisition of High Velocity Enterprises, Inc.
Announces Corporate Reorganization and Management Plan
SAN JOSE, Calif., Feb. 2, 2015 /PRNewswire/ — NanoTech Entertainment (OTCPINK: NTEK), an entertainment conglomerate leveraging technology to deliver state-of-the-art products and services, announced today that it has completed the acquisition of a controlling interest in High Velocity Enterprises, Inc. (HVEL) as part of an overall corporate reorganization. NTEK will place the NanoTech Gaming Labs division into HVEL which will include the division’s IP portfolio and full gaming operations.
With the acquisition complete, NanoTech shareholders of record as of February 6, 2015 will be allocated shares in HVEL equivalent to their percentage of ownership in NTEK. Shares will be issued to NTEK shareholders upon effectiveness of a to be filed Form S-1 Registration Statement with the Securities and Exchange Commission (“SEC”) pursuant to the Securities Act of 1933 as amended. NanoTech will strive to complete the shareholder allocation as soon as possible, but cannot provide a specific date of issuance until the transaction has been approved the appropriate regulatory authorities.
HVEL shareholders will benefit from the immediate acquisition of NanoTech Gaming Labs Staff, Technology, IP Portfolio and product line up. HVEL will immediately change its name to NanoTech Gaming, Inc. (“NanoTech Gaming”) and apply for a new ticker symbol to reflect the new name. NTEK will retain the majority controlling interest in NanoTech Gaming.
Alan Stone, is the new Chairman and CEO of NanoTech Gaming where he will focus on licensing the portfolio of IP and the acquisition of global gaming licenses as well as the manufacture and distribution of gaming products. Alan and the other board members will be joined by Aaron Hightower, Senior VP of Gaming Technology who has accepted a board seat.
As part of NanoTech’s new corporate reorganization and management plan, Peter Riordan, previously NanoTech’s Vice President of Strategic Planning, has been named the new CEO of NanoTech Entertainment and has been appointed to the Board of Directors. In his new position, Peter will focus on the overall corporate strategy, completing the audit process and up listing. He will also provide support for each business unit head to facilitate their continued success in their various endeavors. Jeff Foley, NanoTech’s former CEO, remains on Board of Directors and will be focusing on expanding the licensing of several of the company’s patent pending technologies and franchising opportunities. Riordan noted, “I’ve been fortunate to work with Jeff, Al and Ted over the past year in formulating a plan to take NanoTech to the next level. We have performed well on all fronts in our transition from the R&D phase to product delivery. By reorganizing the management structure to have each business unit have a focused set of goals and leadership, we believe that we can bring the greatest value to our shareholders this year.”
The goal of NanoTech’s corporate reorganization and management plan is to optimize business opportunities by leveraging staff skill-sets, maximizing revenues and shareholder value. Key objectives include focusing on how to complete audits for each division and how to organize the management structure to best serve the business as a whole. To these ends, a new corporate governance oversight board has also been created and details will be released with the new FY2015 business plan in the coming weeks. Riordan closed by stating, “I, along with other shareholders want to thank Al, Jeff and Ted for having the foresight to expand the business and to setup each business unit for maximizing results and increasing value. I look forward to 2015 and beyond as we make significant strides in each market segment that we are in, complete audits and up listings further shareholder value.”
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