WEST PALM BEACH, Fla., NEW YORK and TORONTO, July 6, 2010 (GLOBE NEWSWIRE) -- Today, World Market Media, Inc. ("WMM"), a high traffic stock market and news data website providing cutting edge new media products and services to publicly traded companies worldwide announced the launch of The WMM Canadian Platform with the signing of Intertainment Media, Inc. ("Intertainment Media") (TSX-V:INT) as the first company to be listed on WMM's newest North American exchange platform.
Intertainment Media Inc. is a RICH MEDIA APPLICATION leader, focused on delivering leading edge technology, social media and marketing solutions that enable their clients to power their branding, loyalty, and consumer engagement initiatives. Selected as a Microsoft Global Agency partner in March 2009, Intertainment Media joined an elite group of interactive agencies worldwide that Microsoft recommends to its partners and customers. Intertainment Media owns, operates, and invests in high value content traffic management, advertising, traditional, and social networking solutions.
"Recently, Intertainment Media opened offices in New York, LA and San Mateo (Silicon Valley) to keep pace with its emerging opportunities, and the Company has seen its "voice" shift from its development headquarter in Toronto to its U.S. offices. World Market Media understands the emerging cycle and we're very excited to be working with the WMM team to increase our messaging to the market and our shareholders," said David Lucatch, CEO of Intertainment Media Inc.
Intertainment Media offers brands a robust suite of platforms including itiBiti, a revolutionary new brand focused on social media desktop application, Ad Taffy, a geocentric focused advertising platform and Magnum, a innovative graphics company offering a host of traditional and new media services.
March 2009, Microsoft Corp offered the following comment on itiBiti. "The fact that you can watch, message and chat all in the same place using your live ID makes this one of the easiest ways for users to enjoy and share their favorite content," said Shauna Sampson Eves, Global Agency Partnership Development at Microsoft. "itiBiti truly represents the next generation of integrated social media applications -- easy, fun and scalable."
World Market Media has recognized the need for exchange platforms that cover these global markets. We are pleased to announce that WMM will begin using their newest exchange platform, The WMM Canadian Platform which will showcase publicly traded companies trading on the TSX Venture and TSX Exchanges. This platform will be a central hub for all publicly traded Canadian companies that value media coverage and connecting with their investors.
T. Corey Kipp, Director of Business development, had this to say about the Canadian launch, "Expanding our North American footprint has been a top priority for WMM since its inception. We are extremely excited that our first step with the TSX and TSXV is with Intertainment Media. We believe that this represents the first of many TSX listed companies that realize the value of the cross border global North American investment landscape the WMM provides."
WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor's Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. WMM Research Group has the unique ability to combine media and robust journalism with unbiased in-depth research in the Nano, Micro and SmallCap markets.
About Intertainment Media Inc.
Connecting people with brands, Intertainment Media Inc. is a Rich Media Applications leader, focused on delivering leading edge technology and marketing solutions enabling clients to power enhanced branding, loyalty initiatives and consumer engagement. Selected as a Microsoft Global Agency Initiative partner, Intertainment has joined an elite group of interactive agencies worldwide that Microsoft recommends to its Partners and Customers.
Intertainment Media owns a number of key properties including Ad Taffy, itiBiti and Magnum Fine Commercial Printing Limited.
Headquartered in Richmond Hill, ON, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT".
The Intertainment Media Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7705
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information set forth in this press release contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company's control, including the impact of general economic conditions, industry conditions, volatility of oil and gas prices, currency fluctuation, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Actual results, performance or achievement could differ from those expressed in, or implied by, these forward-looking statements, and accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits will be derived there from. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
This release may contain forward looking statements within the meaning of the "safe harbor" provisions of U.S. laws. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. Intertainment Media Inc. does not assume any obligation to update any forward looking information contained in this news release.