Acquisitions, new offers fuel NanoTech Entertainment's future growth

By IVCPOST Staff Reporter

Aug 15, 2013 12:41 AM EDT

NanoTech Entertainment said acquisitions and new products would be the driving forces in the company's quest for future growth. Its growth for the most recent quarter in the period ending in June 30 was impressive. Nanotech announced that revenues rose 10% over projections. The technology firm also sustained the profits it posted in the first quarter.

NanoTech Chief Executive Officer Jeff Foley said he was excited at the results. "We are extremely excited about the increase in revenue over our projections. We have been expanding in both the gaming and media industries, and we anticipate revenues to continue increase in the next quarter," he said. The CEO added that NanoTech would be increasing the number of their streaming television channels. The firm's divisions would also be releasing new products in the near future. The combination of new offers and recent acquisitions would pave the way for NanoTech's continued growth.

NanoTech Director Ted Campbell also expressed optimism for the company's future strength. "We believe that we have entered a new phase for NanoTech, strengthening the company and putting it firmly on solid ground," he said.

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