Intertainment Media Inc. ("Intertainment" or the "Company") (TSX
VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) is pleased to announce
that its subsidiary Ortsbo Inc. ("Ortsbo"), the leader in real time
experiential language services, in partnership with Variety, the
world's leading publication for business entertainment news have
wrapped up its coverage of the 2012 Sundance Film Festival and has
produced a microsite with The VarietyStudio video interviews and
Live & Global programming complete with Ortsbo's proprietary
Language Captioning System, providing real-time subtitling in the
user's selected language. The content can be found at
www.liveandglobal.com/sundance and
www.variety.com/festivals/sundance/.
The Variety Studio interviews, powered by Ortsbo, feature such
notable entertainers as Richard Gere, Kate Bosworth, Sigourney
Weaver, Paul Simon, Ice-T, Paul Giamatti, Lou Diamond Phillips,
Joshua Jackson, William H. Macy, David Duchovny and many other
leading celebrities. The Live & Global platform attracted an
audience from around the world with a 45 minute live video
discussion with the legendary Stan Lee, hosted by Ortsbo spokesman
and business partner, Gene Simmons.
Variety and Ortsbo are planning to partner and present a number
of key global entertainment events and conferences in 2012.
Additional information will be announced as it becomes
available.
Ortsbo's new proprietary service; multi-lingual closed
captioning, or Ortsbo's Language Captioning System was initially
launched at the 2012 Consumer Electronics Show in early January in
partnership with Variety's Entertainment Summit. The system allows
viewers to watch video broadcasts, and also view an accompanying
language real time text stream, like closed captioning found on
television broadcasts, but in their personally selected choice of
over 50 languages. This game-changing proprietary system, which is
part of Ortsbo's Live & Global platform, provides the ability
for universal language broadcasting on a global basis, regardless
of the native language of the broadcaster, potentially changing the
face of ethnic, cultural, sports, entertainment, business and other
forms of online, video and television live and pre-recorded
broadcast programming.
Once a user reaches the web broadcast page, the Language
Captioning System will default to the user's pre-set system
language. Along with video content, users can also select the
language of their choice from an on-page drop down menu. The system
will automatically deliver a "real time" effective stream of
"closed captioning" in the user's chosen language.
"The Sundance Film Festival was a resounding success for Ortsbo
as our partnership with Variety took on a whole new level as we
helped create and archive exceptional content with the Festival's
leading celebrities along with our Language Captioning System,"
said David Lucatch, CEO of Intertainment Media Inc & Ortsbo
Inc. "Our Live & Global event with Stan Lee and Gene Simmons
was an amazing event, showcasing real-time "on the fly" closed
captioning translation capabilities in over 50 languages."
Marvel's Avengers Assemble on Twitter - International Fans
Powered by Ortsbo.com
Marvel Studios announced that they will be sponsoring a Global
Twitter Chat on Tuesday, January 31, 2012 at 11 a.m. PST with cast
members and the director of their highly anticipated
action-adventure "Marvel's The Avengers," opening in theaters on
May 4, 2012. The 30-minute live tweeting event features
writer/director Joss Whedon and cast members Tom Hiddleston and
Clark Gregg.
Fans around the world will be able to participate in the Q&A
on Twitter by using the @Avengers handle and the #Avengers hashtag.
Participating fans will have the opportunity to see a 10-second
tease of the 30-second Super Bowl spot that will air during Super
Bowl XLVI on February 5 on NBC. They will also have a chance to
answer "Avengers" trivia for a chance to win "Avengers" prize
packs.
International fans will be able to submit questions for the
talent in their native language through a global translation tool
provided by Ortsbo.com. The chat will be moderated by Marvel's
@Agent_M.
Follow @Avengers on Twitter for more details.
More on Marvel.com:
http://marvel.com/news/story/18016/marvels_the_avengers_assemble_on_twitter#ixzz1krfSrapf.
As previously announced, Intertainment Media Inc. continues to
initiate the process to "spin out" Ortsbo Inc. as an independent
structure for listing on senior Exchanges in Canada and the United
States. This transaction will be subject to all applicable board,
shareholder and regulatory approvals.
To become a Facebook Fan of Ortsbo, sign up at
www.facebook.com/ortsbo.
Follow Ortsbo on Twitter.
For the Company's corporate blog, please visit
www.intertainmentmedia.com/blog.
About Variety www.variety.com
Variety is the leading publication for business entertainment
news, recognized and respected throughout the world of show
business. The Variety Group - Daily Variety, Daily Variety Gotham,
Weekly Variety and Variety.com - are all owned by Reed Business
Information (RBI), the largest business publisher in the U.S. RBI
is a member of the Reed Elsevier Group plc
(NYSE:RUK)(NYSE:ENL).
About Ortsbo Inc. www.ortsbo.com
With over 40 Million monthly users in over 170 countries and
territories, Ortsbo (www.ortsbo.com) enables real-time
conversational translation in over 50 languages and seamlessly
integrates with today's most popular social media platforms.
Ortsbo's flagship product for social media (www.ortsbo.com)
supports global communications with instant translation capability,
real time multi-lingual social media chat connects to PC and Mac
computers, mobile browsers as well as all major chat platforms
including MSN, Google, Facebook, Twitter and Yahoo! and others.
Ortsbo allows users to communicate with family, friends and
colleagues around the world, providing users with the ability to
break down language and cultural barriers through its easy to use,
language centric interface.
Ortsbo also provides plug-in email translation capabilities for
Microsoft Outlook.
Ortsbo's Live & Global platform offers a unique solution for
broadcasting events to a global audience, with video and real time,
multi-lingual chat. Ortsbo currently hold the Guinness World Record
for the most nationalities in an online chat.
International rock legend, accomplished global entrepreneur and
one of the world's most recognized personalities, Gene Simmons has
endorsed Ortsbo.com, having signed on as a business partner and to
serve as Ortsbo's official spokesperson.
Two-time NBA MVP Steve Nash to become an official spokesperson
for Ortsbo. Leading Ortsbo's global sports fan program, Nash will
present and participate in a number of online fan chats with
international athletes from a number of sports disciplines.
With headquarters in Los Angeles, CA and Toronto, Canada region,
with offices in New York and San Mateo, CA, Ortsbo Inc. is a
subsidiary of Intertainment Media Inc. a publicly listed company on
the Toronto Venture Exchange under the symbol "INT" (TSX
VENTURE:INT) and traded in the US on the OTCQX under the symbol
"ITMTF". Intertainment is also traded in Europe, on the Frankfurt
Exchange on the XETRA trading platform under the symbol "I4T".
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities in any
jurisdiction.
Reader Advisory
Certain statements contained in this press release may
constitute forward-looking statements. These statements relate to
future events or Intertainment's future performance. All statements
other than statements of historical fact may be forward-looking
statements. Forward-looking statements are often, but not always,
identified by the use of words such as "seek", "anticipate",
"plan", "continue", "estimate", "expect", "may", "will", "project",
"predict", "potential", "targeting", "intend", "could", "might",
"should", "believe", and similar expressions. These statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results or events to differ materially from
those anticipated in such forward-looking statements. Intertainment
believes that the expectations reflected in those forward-looking
statements are reasonable, but no assurance can be given that these
expectations will prove to be correct and such forward-looking
statements included in this press release should not be unduly
relied upon by investors. These statements speak only as of the
date of this press release and are expressly qualified, in their
entirety, by this cautionary statement.
In particular, this press release contains forward-looking
statements pertaining to the following: the "spin out" of Ortsbo,
the independent applications of Ortsbo for listing on senior
Exchanges in Canada and the United States, third party financing
and the pre-money valuation for Ortsbo. With respect to
forward-looking statements contained in this press release,
Intertainment has made assumptions regarding, among other things:
acceptance of its products in the marketplace; the legislative and
regulatory environment; the Corporation's operating cost structure;
current and future trends in social media advertising; market
demands; and the Corporation's ability to raise capital.
Intertainment's actual results could differ materially from those
anticipated in these forward-looking statements as a result of risk
factors that may include, but are not limited to: overall economic
conditions; the early stage of the Corporation's Ortsbo businesses;
uncertainty of revenues, markets and profitability; the need to
obtain required approvals from regulatory authorities; the
Corporation's lack of product revenues and history of operating
losses; technological changes; dependence on the Internet; demand
for the Corporation's products; the introduction of competing
technologies; the availability of capital on acceptable terms; and
ability to raise capital.
This forward-looking information represents Intertainment's
views as of the date of this release and such information should
not be relied upon as representing its views as of any date
subsequent to the date of this release. Intertainment has attempted
to identify important factors that could cause actual results,
performance or achievements to vary from those current expectations
or estimates expressed or implied by the forward-looking
information. However, there may be other factors that cause
results, performance or achievements not to be as expected or
estimated and that could cause actual results, performance or
achievements to differ materially from current expectations. There
can be no assurance that forward-looking information will prove to
be accurate, as results and future events could differ materially
from those expected or estimated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
information.
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.
Contacts: Ortsbo / Intertainment Media Inc.: David Lucatch, CEO
800-395-9943 or 905-763-3510info@intertainmentmedia.com To learn
more, visit: www.ortsbo.com To learn more, visit:
www.intertainmentmedia.com Ortsbo / Intertainment Public Relations
/ Media Inquiries: SS / PRmcampe@sspr.com www.sspr.com
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