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NanoTech Announces Merger with Aldar Group

Posted by Wade, 8 days ago Jun 12, 2009 20:16

Nanotech today announced it has completed its merger with Aldar Group, Inc, a publicly traded company. The merged entity, which will be operating under the NanoTech Entertainment name, has been granted an updated symbol for its Over the Counter Bulletin Board (OTCBB) Listing. The new symbol, NTEK, reflects the operations new NanoTech Entertainment name. The company will focus on delivering next generation entertainment products utilizing the company’s innovative software and hardware technology for consumer and arcade gamers worldwide.

Leveraging his over 27 years in Gaming and Entertainment, Robert DeKett will lead NanoTech as the President and Chief Executive Officer. Mr. DeKett helped revolutionize the arcade industry by creating the first touch screen countertop arcade machine. Entrepreneur David R. Foley joins the company as Chief Operating Officer. Mr. Foley has developed entertainment software and hardware for over 20 years and is credited with designing several award winning gaming products. Rounding out the NanoTech executive team is Aldar executive, Ken Liebscher, who will serve as Chief Financial Officer. All three individuals form the Board of Directors for the newly merged company.

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