Intertainment's Portfolio Investment Yappn Begins Acceleration and
Rollout of Key Programs
TORONTO, CANADA and NEW YORK, NEW YORK--(Marketwired - Mar 6,
2014) - Intertainment Media Inc. ("Intertainment Media" or
"Company") (TSX-VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) together
with its investment portfolio company Yappn Corp. (OTCQB:YPPN), the
real-time multilingual amplification platform for brand messaging,
eCommerce and customer support is pleased to announce that Yappn
has begun to pilot launch its multilingual eCommerce program
allowing brands to seamlessly sell its products and services
natively in key languages, capturing new audiences and revenues.
This program, which was announced earlier this year, provides
brands with Yappn's key technologies, marketing, sales and support
programs on a partnership basis, where Yappn receives up to 15% of
the accretive revenues generated from new sales. Currently, Yappn
is piloting 2 brands with a number of key brands to follow.
Yappn's new multichannel consumer platform for web, portable and
mobile devices, Fotoyapp (www.fotoyapp.com), which allows users to
instantly connect photos and images to almost any social content in
almost any language has begun its development program for key
industry influencers and celebrities. Yappn is meeting with
agencies, studios and management firms to introduce Fotoyapp as
part of their global social outreach programs.
Fotoyapp builds on the idea that "a picture is worth a thousand
words" by revolutionizing social engagement allowing images and
content to be linked to each other and shared instantly, in almost
any language. Fotoyapp creates the ability to share beyond the
image.
With Fotoyappn (www.fotoyapp.com) a user simply takes an image,
from a camera, tablet, computer, etc. and uploads it to Fotoyapp
along with key words that describe the image. Fotoyapp
automatically adds the users current social media accounts like
Twitter, Facebook and Sina Weibo and crawls the web for related
social media posts using the selected key words. The result is a
stand-alone page where images are socially and visually enabled
with all types of related content that automatically defaults to
the viewer's language, regardless of what language the social
content was posted in. Fotoyapp pairs any image with practically
any social content and connects relevant curated ad and commerce
opportunities to those images, creating new forms of revenue.
Fotoyapp allows users to share socially empowered images through
any platform (Facebook, Twitter, Instagram, QZone, LinkedIn,
Google+, Tencent, Sina Weibo, Renren and Yappn Chat), email, device
or app and rewards the viewer with a completely rich experience not
found anywhere else, creating People Powered Pics.
Interested parties who want to among the first to try this new
platform will be able to sign up for Fotoyapp by the end of March
at www.fotoyapp.com.
Learn more at www.intertainmentmedia.com.
About Intertainment - 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 and has
investments in leading edge technologies and social media
platforms, including Magnum, Ortsbo, CapThat, theAudience,
Lexifone, Shiny Ads and Yappn Corp (www.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 Open
Market (Regulated Unofficial Market) Frankfurt Exchange 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.
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.
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements"
within the meaning of Section 21E of the Securities Exchange Act of
1934. All statements, other than statements of historical fact, and
those preceded by or that include the words "believes," "expects,"
"given," "targets," "intends," "anticipates," "plans," "projects,"
"forecasts" or similar expressions, are "forward-looking
statements." Although Yappn Corp.'s management believes that such
forward-looking statements are reasonable, it cannot guarantee that
such expectations are, or will be, correct. These forward-looking
statements involve a number of risks and uncertainties, which could
cause the Company's future results to differ materially from those
anticipated. Additional information regarding the factors that may
cause actual results to differ materially from these
forward-looking statements is available in the Company's filings
with the SEC including the Current Report on Form 8-K filed on
April 3, 2013 and each subsequently filed Quarterly Report on Form
10-Q and Current Report on Form 8-K. The Company assumes no
obligation to update any of the information contained or referenced
in this press release.
Intertainment Media Inc.David
LucatchCEOinfo@intertainmentmedia.comwww.intertainmentmedia.com
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