(openPR) - SAN JOSE, Calif. – June 17, 2008 – NanoTech Entertainment, a newly formed innovative gaming technology company, announces that it has signed an investment agreement with Immersion Corporation, a leading developer and licensor of force feedback technology. Immersion’s investment will help NanoTech launch current and future products that include innovative technologies for the arcade, PC, and console gaming platforms.
“When we approached Immersion, they immediately understood the synergy between our companies,” stated Robert DeKett, founder and CEO of NanoTech. “Beyond the investment, we intend to feature Immersion’s force feedback technology in our upcoming consumer and coin-op products.”
“NanoTech has assembled a team of talented and experienced game industry veterans and built some key technologies that we believe will create new demand,” said Mike Levin, vice president of IP Strategy for Immersion. “We’re excited about their innovations, and how our products will contribute to improving the gaming experience.”
The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. All rights reserved. Immersion is a trademark of Immersion Corporation in the United States and other countries. All other marks are the property of their respective owners.
Headquartered in San Jose, California, NanoTech Entertainment operates as a virtual manufacturer, developing technology and games, and then licensing them to third parties for manufacturing and distribution. This business model supports extremely low overhead and efficient operations 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 gaming market.
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