INT

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Intertainment Media Inc. ("Intertainment" or the "Company") (TSX
VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) is pleased to announce that its
subsidiary Ortsbo USA Inc. ("Ortsbo") has entered an exclusive engagement with
Dawson James Securities, Inc. ("Dawson James") of Boca Raton, FL to support its
financing program and go forward with the spin out to a US Senior Exchange,
subject to all necessary approvals.


Under the terms of the engagement, Dawson James will have the exclusive right to
the financing and planned listing strategies for Ortsbo. Given Ortsbo's current
and projected business trajectory, the parties have elected to review the
opportunities for initial direct financing to allow Ortsbo to maintain its
growth without continued funding from Intertainment. The parties feel that this
strategy will yield a higher potential value for Ortsbo as it will provide the
means for Ortsbo to continue to deliver on its business and revenue mandate.


Ortsbo continues to execute on its business plan and rollout several major
programs and installations in the Customer Care, Gamification and Corporate
Communications business sectors. The programs undertaken with these key clients
are proving the Ortsbo revenue model as the arena for globalization continues to
grow at an accelerated pace. Ortsbo has demonstrated leadership in the real-time
communications field to a number of Fortune 500 companies and industry leaders
and is working with these and others to create rollout strategies for their
particular corporate needs.


As a subsidiary of Intertainment, where Intertainment owns the majority interest
in Ortsbo, any significant disposition of assets, including a financing of
Ortsbo, is subject to Canadian regulatory approval. It is anticipated that the
initial Ortsbo financing will be a Reviewable Transaction under the polices of
the TSX Venture Exchange; however, it will not require shareholder approval or
an advance information circular as it will not result in the disposition of the
majority of the assets of Intertainment.


Intertainment and Ortsbo will continue with its mandate to inform shareholders
and invites shareholders and interested parties to attend an informal meeting on
May 31, 2013, where management will be making an updated presentation as to the
state of the organization and answer pertinent questions. Intertainment will
also make available live demonstrations of the Ortsbo and select Intertainment
technologies, including Yappn, which deploys the Ortsbo technology.


The meeting will be on Friday, May 31, 2013 beginning at 9:45am and will be held
at the Sheraton Parkway Toronto North, Richmond Ballroom, located at 600 Highway
7 East, Richmond Hill, Ontario, L4B 1B2.


For more information on Dawson James Securities, Inc. please visit
www.dawsonjames.com.


About Ortsbo USA Inc. - www.ortsbo.com 

Ortsbo enables real-time, cross-language communication experiences. Delivered as
a Cloud computing service, Ortsbo can be embedded into high value communication
processes and internet endpoints to create dramatic value across more than 65
languages. Based on invention and proprietary technology, Ortsbo creates
unparalleled, high-fidelity experiences. With offices in Colorado, Austin, and
Los Angeles, Ortsbo is a portfolio company subsidiary of Intertainment Media.


About Intertainment Media Inc. - www.intertainmentmedia.com

Intertainment is one of Canada's leading technology incubators and is focused on
developing, nurturing and investing in both North American and global
technologies and companies that provide technology solutions for brands and
consumers alike. Intertainment also owns and operates a number of key properties
including Ortsbo, Deal Frenzy, The Sweet Card and Magnum, with investments in
leading edge technologies and social media platforms including theaudience.com,
Capthat.com and Yappn.com. For more information on Intertainment and its
properties, please visit www.intertainmentmedia.com.

Intertainment is headquartered in the Toronto, Canada region, with offices in
New York, Los Angeles and San Mateo, CA and is listed on the TSX Venture
Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX
Market under the symbol "ITMTF". Intertainment is also traded in Europe on the
unofficial market of the Frankfurt Exchange through the XETRA trading platform
under the symbol "I4T".


Forward Looking Information

This news release contains certain "forward-looking information" within the
meaning of such statements under applicable securities law, including statements
relating to the expected use of proceeds of the Offering. 


Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate", "may",
"will", "potential", "proposed" and other similar words, or statements that
certain events or conditions "may" or "will" occur. These statements are only
predictions. Forward-looking information is based on the opinions and estimates
of management at the date the statements are made, and are subject to a variety
of risks and uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the forward-looking
statements. Actual timelines associated may vary from those anticipated in this
news release and such variations may be material. Actual results could differ
materially because of factors discussed in the management discussion and
analysis section of our interim and most recent annual financial statements or
other reports and filings with the TSX Venture Exchange and applicable Canadian
securities regulators. The Company undertakes no obligation to update
forward-looking statements if circumstances or management's estimates or
opinions should change, unless required by law. The reader is cautioned not to
place undue reliance on this forward-looking information.


This news release is not an offer of securities for sale in the United States.
Securities may not be offered or sold in the United States or to or for the
account or benefit of U.S. persons (as such terms are defined in Regulation S
under the United States Securities Act of 1933, as amended (the "U.S. Securities
Act")), absent registration or an exemption from registration. The securities
offered have not been and will not be registered under the U.S. Securities Act
or any state securities laws and, therefore, may not be offered for sale in the
United States, except in transactions exempt from registration under the U.S.
Securities Act and applicable state securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
For Ortsbo USA Inc.:
Patrick Bultema
CEO
info@ortsbo.com
www.ortsbo.com


For Intertainment Media Inc.:
David Lucatch
CEO
info@intertainmentmedia.com
www.intertainmentmedia.com

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