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    <title>Intertainment Media</title>
    <description>Intertainment Media</description>
    <link>http://agoracom.com/ir/intertainment</link>
    <language>en-US</language>
    <pubDate>22 Oct 2009 22:00:00 GMT</pubDate>
    <lastBuildDate>12 Nov 2009 15:25:07 GMT</lastBuildDate>
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      <title>[Press Release] Intertainment's Itibiti Systems Closes Financing</title>
      <guid>message_1247170</guid>
      <pubDate>22 Oct 2009 22:00:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1247170</link>
      <description>
        <![CDATA[<p><strong>TORONTO, CANADA--(Oct. 22, 2009) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)</strong> announces that its wholly owned subsidiary, Itibiti Systems Inc. ("Itibiti Systems") has closed on $2,733,147.84 for its previously disclosed offering of convertible debentures as detailed in the press release dated September 2, 2009 (the "Offering"). The funds are being used to commercialize the launch of itiBiti and for general working capital requirements.<br /> <br />The convertible debentures ("Debentures") of Itibiti Systems consist of convertible debentures ("Debentures") at a subscription price of $50,000 CDN per Debenture which, unless otherwise authorized, will be payable at 12% interest per year, paid semi-annually. Each Debenture will be convertible into the Debenture holder's choice of (a) units of Intertainment ("Units") at a conversion price of $0.175 per Unit with each Unit consisting of one common share and one common share purchase warrant ("Warrant"), such Warrant having an exercise price of $0.22 and being valid for two (2) years from the date of conversion of the debenture into shares of Intertainment Media Inc., or (b) common shares of Itibiti Systems ("Itibiti Shares") upon the occurrence of a Liquidity Event (as defined below) whereby each $0.70 of principal amount outstanding under the Debentures can be converted into one Itibiti Share. The Debentures issued are subject to a hold period which expires February 23, 2010.<br /> <br />A Liquidity Event is the occurrence of an event whereby Itibiti Systems is listed for trading on a public stock exchange or whereby substantially all of the assets or securities of Itibiti Systems are sold or amalgamated.<br /> <br />Itibiti Systems Inc. - <a href="http://www.itibiti.com/" target="_blank">www.itibiti.com</a> Itibiti Systems' platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user's computer desktop - providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems Inc. has an agreement with Highway Entertainment to represent itiBiti, to all of Omnicom Media Group clients worldwide. Omnicom Media Group ("OMG") is the media services division of Omnicom Group Inc. (NYSE:OMC), the leading global advertising, marketing and corporate communications company, providing services to over 5,000 clients in more than 100 countries. Itibiti Mobile will provide users of major private label branded itiBiti platforms with the ability to continue their brand engagement experience with their mobile smartphone.<br /> <br />Intertainment Media Inc. - <a href="http://www.intertainmentmedia.com/" target="_blank">www.intertainmentmedia.com</a> 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. Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital, No Good TV, View2gether Inc., Itibiti Systems Inc., and Magnum Fine Commercial Printing Limited. With offices in New York, Los Angeles and Toronto, Intertainment Media Inc., is Headquartered in Richmond Hill, Ontario, Canada. Intertainment Media Inc. is listed on the Toronto Venture Exchange with the symbol "INT".<br /> <br />This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at <a href="http://www.sedar.com/" target="_blank">www.sedar.com</a>. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.<br /> <br />This release may contain forward looking statements within the meaning of the "safe harbor" provisions of US 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.</p>
<p>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.</p>
 
<div>
<p><strong>For more information, please contact</strong></p>
Intertainment Media Inc. Corporate Inquiries:<br />David Lucatch<br />CEO<br />905-763-3510<br /><a href="mailto:dlucatch@intertainmentmedia.com" target="_blank">dlucatch@intertainmentmedia.com</a><br /><br />or<br /><br />Investor Communications:<br />Buchalter Consulting<br />1-866-631-6537<br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a><br /><br />or<br /><br />Online Investor Relations Hub:<br />AGORACOM<br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a><br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a></div>]]>
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      <title>[Press Release] Intertainment Media Appoints Brad Parry Chief Marketing Officer</title>
      <guid>message_1230611</guid>
      <pubDate>05 Oct 2009 13:10:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1230611</link>
      <description>
        <![CDATA[<div>
<h3>Announcement Leads Comprehensive Business Strategy For Acclaimed 'itiBiti' Desktop, Mobile Platforms</h3>
</div>
<div style="font-size: 100%;">
<p>TORONTO, ONTARIO AND NEW YORK, NEW YORK--(Oct. 5, 2009) - David Lucatch, President and Chief Executive Officer (CEO) of Intertainment Media Inc., ("Intertainment" or the "Company") (TSX VENTURE:INT), together with the Board of Directors, is pleased to announce the appointment of Mr. Brad Parry as Chief Marketing Officer.</p>
<p>With over 20 years of progressive, executive experience at global brands including MacLaren McCann, BBDO and most recently, CanWest Media as VP Marketing &amp; Strategy, Parry brings a wide range of expertise in digital and traditional media.</p>
<p>In his new role, Parry will be responsible for all marketing, sales and communications strategies across the business, focusing on comprehensive growth of the strong roster of leading North American and international brands represented by Intertainment Media Inc., and its wholly owned subsidiary, ItiBiti Systems Inc.</p>
<p>"We are delighted to welcome Brad, and take this important next step in executing our overall business strategy," said Lucatch. "With a unique mix of agency and broadcast marketing expertise, Brad's skills and leadership will significantly enhance our results-driven focus on increasing revenues, high-profile programs and the value proposition behind the Intertainment Media and itiBiti brands.</p>
<p>A Rich Media Applications leader, Intertainment Media Inc. delivers next-generation technology and marketing solutions, enabling clients to power enhanced branding, loyalty and consumer engagement initiatives. With the private-label itiBiti revenue-generating platform, major brand partners can now go beyond the notion of increasing web presence, integrating consumers and fans, or "clusters", into an engaging, desktop-based social media, communications and entertainment environment.</p>
<p>Free for consumers to download and use, itiBiti and soon, itiBiti Mobile feature exclusive, no-cost voice and text communication, custom content, feeds, premium access to contests, promotions and the power of Microsoft Live Services built right in. Acclaimed by Microsoft Corp., as "the next generation of integrated social media applications", itiBiti is poised to redefine the way brands and consumers can connect in the digital space.</p>
<p>The Company on October 2, 2009, subject to board and regulatory approval has authorized the issuance of 1,856,000 common share options at a price of $0.139 per common share representing a discount of 25% to the close of market on October 2, 2009, expiring October 1, 2011. Of the total issuance, 950,000 common share options were granted to insiders of the Company.</p>
<p>Itibiti Systems Inc. - www.itibiti.com Itibiti Systems' platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user's computer desktop - providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems Inc. has an agreement with Highway Entertainment to represent itiBiti, to all of Omnicom Media Group clients worldwide. Omnicom Media Group ("OMG") is the media services division of Omnicom Group Inc. (NYSE:OMC), the leading global advertising, marketing and corporate communications company, providing services to over 5,000 clients in more than 100 countries. Itibiti Mobile will provide users of major private label branded itiBiti platforms with the ability to continue their brand engagement experience with their mobile smartphone.</p>
<p>Intertainment Media Inc. - www.intertainmentmedia.com 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. Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital, No Good TV, View2gether Inc., Itibiti Systems Inc., and Magnum Fine Commercial Printing Limited. With offices in New York, Los Angeles and Toronto, Intertainment Media Inc., is Headquartered in Richmond Hill, Ontario, Canada. Intertainment Media Inc. is listed on the Toronto Venture Exchange with the symbol "INT".</p>
<p>This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.</p>
<p>This release may contain forward looking statements within the meaning of the "safe harbor" provisions of US 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.</p>
<p>FOR FURTHER INFORMATION PLEASE CONTACT:</p>
<pre>Intertainment Corporate Inquiries:
David Lucatch
CEO
(905) 763-3510

dlucatch@intertainmentmedica.com
www.intertainmentmedia.com
</pre>
or
<pre>Investor Communications:
Buchalter Consulting

1-866-631-6537

Stan.Buchalter@BuchalterConsulting.ca

</pre>
or
<pre>Online Investor Relations Hub:
AGORACOM



INT@Agoracom.com
www.agoracom.com/IR/intertainment
</pre>
or
<pre>Media Inquiries:
Sandra Puglielli

(416) 253-4153

stpnow@rogers.com

</pre>
</div>]]>
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      <title>[Press Release] Magnum Fine Commercial Printing Closes on Dye &amp; Durham Print and Graphic Asset</title>
      <guid>message_1228368</guid>
      <pubDate>01 Oct 2009 12:36:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1228368</link>
      <description>
        <![CDATA[<p><strong>TORONTO, Oct. 1 - Intertainment Media Inc. ("Intertainment" or the "Company") (TSXV:INT)</strong> announces that its wholly owned subsidiary, Magnum Fine Commercial Printing Limited ("Magnum"), has closed on an agreement previously announced in a news release datedAugust 5, 2009 (the "Acquisition") to acquire the print and graphic assets, print and graphics clients, programs and equipment (the "Assets") of Dye &amp; Durham, a division of The Cartwright Group Ltd. ("Dye &amp; Durham"), a leader in serving the legal, professional and business markets inCanada for 135 years. The Acquisition, approved by both companies' board of directors, is comprised of a cash purchase no issuance of securities.</p>
<p>Today's Acquisition further establishes Magnum as a leader in the graphics industry, building on the trusted service that it has provided clients for almost 25 years. In consideration of current revenue run rates from the Acquisition and future growth opportunities, Magnum estimates that the Acquisition will result in a significant increase in sales. Both the purchased assets and transitioning staff will bolster Magnum's strong existing partnerships, internal infrastructure, and its progressive business plan.</p>
<p>Notably, Mr. Al Monteath, former Vice President of Dye &amp; Durham's Graphics Division has joined Magnum as Vice President of Business Development. Mr. Monteath, a high profile, industry leader in his role at Dye &amp; Durham over the past 34 years, was responsible for all Print sales for Dye &amp; Durham, and maintained a strategic role in print for other Cartwright divisions and Companies includingCanada Law Book &amp; CLB Media. At Magnum, Mr. Monteath will be instrumental in the transition of clients and production services, and will lead comprehensive growth and development opportunities.</p>
<p>"This acquisition marks a major milestone in the development and growth of Intertainment's divisional business strategy, integrating traditional businesses into co-operative online and conventional revenue models," said David Lucatch, CEO of Intertainment Media Inc. "Both increased revenue and the added expertise of Al Monteath will enable Magnum to accelerate its online and on-demand graphics services business, increasing efficiencies and customer benefits, while dovetailing directly into other Intertainment platforms, including itiBiti, providing clients with both online and direct response business solutions."</p>
<p>In addition, Magnum will accelerate the introduction of its proprietary online Management Information Services ("MIS") platform. Developed by Magnum and Intertainment, the platform will allow Dye &amp; Durham print and graphics clients not already using the system, to manage print and collateral materials online and on demand with increased business efficiencies.</p>
<p>Committed to the environment and future of the print and graphics industry, Magnum is certified by the Canadian Forest Stewardship Council ("FSC"). Magnum is led byPresident Jana Lucatch , a board member of The Digital Imaging Association, and noted industry voice in the area of social responsibility, industry development, sustainability and mentorship. Together with Magnum Vice President of Production Services,Rob Cole, each has achieved the prestigious FSC Expert Pioneer designation.</p>
<p>About Magnum Fine Commercial Printing Limited - www.magnumprinting.com</p>
<p>For almost 25 years, Magnum has provided clients with leading edge design, production and distribution services globally to meet the needs of their business, promotional and customer needs. Magnum and its management teams are actively involved in the Canadian Forest Stewardship Council (FSC) programs, promoting environmentally sound industry solutions. Magnum has also established a robust online order and management information services ("MIS") platform allowing clients to increase efficiencies and management of collateral programs.</p>
<p>About Intertainment - www.intertainmentmedia.com</p>
<p>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. Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital, No Good TV, View2gether Inc., Itibiti Systems Inc., and Magnum Fine Commercial Printing Limited. With offices in New York,Los Angeles and Toronto, Intertainment Media Inc., is Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange with the symbol "INT".</p>
<pre>    &lt;&lt;<br />    Neither the TSX Venture Exchange nor its Regulation Services Provider (as<br />    that term is defined in the policies of the TSX Venture Exchange) accepts<br />    responsibility for the adequacy or accuracy of this release.<br />    &gt;&gt;<br /></pre>
<p>This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this news release contains forward looking statements and information concerning Intertainment's future operations and prospects. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. The forward-looking statements and information are based on certain key expectations and assumptions made by Intertainment, including expectations and assumptions regarding historical sales, market conditions and future sales and revenue performance targets.. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Although Intertainment believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because Intertainment can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause Intertainment's actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties include, but are not limited to, labour, equipment and material costs, access to capital markets, interest rates, environmental and regulatory laws and political and economic conditions. Additional information on these and other factors is available in continuous disclosure materials filed by Intertainment with Canadian securities regulators. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. Intertainment undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by securities law.</p>
<p>For further information: Investor Communications: Buchalter Consulting, 1-866-631-6537, Stan.Buchalter@BuchalterConsulting.ca; Online Investor Relations Hub: AGORACOM, INT@Agoracom.com, www.agoracom.com/IR/intertainment; Intertainment Corporate Inquiries: David Lucatch, CEO, (905) 763-3510; Media: Sandra Puglielli, (416) 253-4153, stpnow@rogers.com</p>]]>
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      <title>[Press Release] Intertainment Media's itiBiti and Hitviews Announce Strategic Alliance</title>
      <guid>message_1226830</guid>
      <pubDate>29 Sep 2009 15:30:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1226830</link>
      <description>
        <![CDATA[<h3>Partnership to Leverage Revenue Opportunities with Brand Sponsored, User-Generated Video</h3>
<p><strong>TORONTO, ONTARIO and NEW YORK, NEW YORK--(Sept. 29, 2009) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT) </strong>and its wholly owned subsidiary, Itibiti Systems Inc., ("Itibiti Systems") - creators of the revolutionary, private-label social media &amp; communications desktop application, itiBiti - today announced a strategic partnership with New York based Hitviews.</p>
<p>Revolutionizing the way brands use online video, Hitviews is a one-stop shop for connecting clients with the world's most popular online video creators/personalities, ("WebStars") including Caitlin Hill, Kevin Nalty and Michael Buckley. The first company to recognize the power of these online WebStars to generate positive business results for brands, Hitviews helps integrate marketing messages and custom creative into the short video programming they produce daily. Viewed by millions of loyal, established followers across the web, Hitviews Top 25 WebStars have garnered over 1 billion views and 3.2 million registered subscribers since bursting onto the scene over the last three years.</p>
<p>For brands and consumers alike, the leading edge partnership now connects the most vibrant areas of opportunity in the digital space - the desktop, mobile, and user-generated online video. The companies' shared vision will focus on the mutual development of revenue generating opportunities, offering clients an enhanced range of campaign possibilities, featuring customized WebStar messaging, video creative and platform delivery options.</p>
<p>"Our goal is to give our brands the widest exposure possible through the power of our WebStars," said Walter Sabo, CEO HitViews. "Our advisors, including Kevin Shea and movie producer Bob Weinstein know that stars motivate audiences to sample new products and ideas. Now, with ItiBiti, we have the unlimited ability to take these brands to new places. "</p>
<p>For itiBiti brand clients globally, this premium access to Hitviews Entertainment Videos signals an unparalleled opportunity to bring exclusive, next-generation marketing strategies to life. On both the desktop and on itiBiti Mobile, consumers can be engaged and entertained by this powerful new video genre.</p>
<p>"itiBiti continues to prove itself a truly unique, leading edge program for global brands," said David Lucatch, CEO Intertainment Media Inc. "Now more than ever, marketers can go beyond the established notion of web presence to enhance consumer engagement. This exciting agreement with Hitviews provides direct access to a proven range of creative leaders, custom content and robust business opportunities."</p>
<p>Acclaimed by Microsoft Corp., as "the next generation of integrated social media applications", itiBiti is poised to redefine the way brands and consumers live in the desktop and mobile space. Major brand partners can now private-label a full feature, revenue-generating platform, integrating consumers and fans, or "clusters", into an engaging, desktop-based social media enterprise.</p>
<p>About Hitviews - www.hitviews.com</p>
<p>Founded in 2007, Hitviews is the leading entertainment marketplace of online-video stars. Hitviews provides innovative brands a platform to promote their messages, taking them inside videos created by the Web's most watched stars with creativity and authenticity. Hitviews introduces brands to established, engaged and targeted audiences from across the United States and beyond. With a network of dozens of WebStars, the top 25 of whom boast more than a billion collective views to date, Hitviews is revolutionizing the way brands use online video.</p>
<p>About Itibiti Systems Inc. - www.itibiti.com</p>
<p>Itibiti Systems' platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user's computer desktop - providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems Inc. has an agreement with Highway Entertainment to represent itiBiti, to all of Omnicom Media Group clients worldwide. Omnicom Media Group ("OMG") is the media services division of Omnicom Group Inc. (NYSE:OMC), the leading global advertising, marketing and corporate communications company, providing services to over 5,000 clients in more than 100 countries. Itibiti Mobile will provide users of major private label branded itiBiti platforms with the ability to continue their brand engagement experience with their mobile smartphone.</p>
<p>About Intertainment - www.intertainmentmedia.com 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. Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital, No Good TV, View2gether Inc., Itibiti Systems Inc., and Magnum Fine Commercial Printing Limited. With offices in New York, Los Angeles and Toronto, Intertainment Media Inc., is Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange with the symbol "INT".</p>
<p>This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.</p>
<p>This release may contain forward looking statements within the meaning of the "safe harbor" provisions of US 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.</p>
<p>FOR FURTHER INFORMATION PLEASE CONTACT:</p>
<pre>Intertainment Media Inc. Corporate Inquiries:<br />David Lucatch<br />CEO<br />905-763-3510<br /><br />dlucatch@intertainmentmedia.com<br /><br /></pre>
<p>or</p>
<pre>Hitviews Corporate Inquiries:<br />Walter Sabo<br />CEO<br />212-681-8181<br /><br />walter@hitviews.com<br /><br /></pre>
<p>or</p>
<pre>Investor Communications:<br />Buchalter Consulting<br /><br />1-866-631-6537<br /><br />Stan.Buchalter@BuchalterConsulting.ca<br /><br /></pre>
<p>or</p>
<pre>Online Investor Relations Hub:<br />AGORACOM<br /><br /><br /><br />INT@Agoracom.com<br />www.agoracom.com/IR/intertainment<br /></pre>
<p>or</p>
<pre>Media Inquiries:<br />Sandra Puglielli<br /><br />416.253.4153<br /><br />stpnow@rogers.com<br /><br /></pre>
<p>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.</p>]]>
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      <title>[Press Release] Intertainment's itiBiti Goes Mobile</title>
      <guid>message_1217451</guid>
      <pubDate>16 Sep 2009 13:12:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1217451</link>
      <description>
        <![CDATA[<h2>itiBiti DESKTOP SOCIAL MEDIA APPLICATION TO INTEGRATE WITH MOBILE SMARTPHONES</h2>
<p>TORONTO, CANADA--(Sept. 16, 2009) - Intertainment Media Inc. ("Intertainment" or the "Corporation") (TSX VENTURE:INT) today announced that its wholly owned subsidiary, Itibiti Systems Inc. will be expanding its next generation social media application, itiBiti, to the mobile smartphone communications sector. ItiBiti Mobile will provide key features of the itiBiti desktop platform along with a suite of innovative, portable applications, increasing the engagement and value experience for consumers, while driving mobile branding, loyalty and revenues for itiBiti and its major brand clients.<br /> <br />Both key partner and platform line-up details for calendar 2010 will be rolled out beginning October 2009.<br /> <br />Today's announcement signals an important, new opportunity for brand clients to engage consumers instantly - combining the power of the mobile smartphone with the immediacy of itiBiti on the desktop.<br /> <br />In addition to increased content portability and advertising opportunities, itiBiti Mobile will provide a host of proprietary applications for current and next generation smartphones by leading manufacturers and operating system providers.<br /> <br />"As itiBiti moves forward in its launch programs, we are excited to be expanding our platform, and providing additional layers of service," said David Lucatch, President - Itibiti Systems Inc. / CEO - Intertainment Media Inc. "itiBiti Mobile will provide seamless integration of the best features of itiBiti, allowing users to connect with brands, no matter where they are, while allowing our major brand and technology partners to monetize usage instantly via online and mobile revenue initiatives."<br /> <br />Invited as a featured speaker at Mobile Innovation Week '09, currently taking place in Toronto, Canada, Lucatch will profile details of the itiBiti Mobile offering for a dynamic group of leading vendors, technology experts, thought leaders and entrepreneurs from around the world. For details on the Wed. September 16th session, visit <a href="http://www.mobilebiz.ca/" target="_blank">www.mobilebiz.ca</a>.<br /> <br />As itiBiti continues its expanded rollout to the second of three phases, it will include a wider scope of registration to the general public and co-marketing programs. In the near term, itiBiti will continue to increase user scalability and expand its branded marketing program.<br /> <br />About Itibiti Systems Inc. - <a href="http://www.itibiti.com/" target="_blank">www.itibiti.com</a><br /> <br />Itibiti Systems' platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user's computer desktop - providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems Inc. has an agreement with Highway Entertainment to represent itiBiti, to all of Omnicom Media Group clients worldwide. Omnicom Media Group ("OMG") is the media services division of Omnicom Group Inc. (NYSE:OMC), the leading global advertising, marketing and corporate communications company, providing services to over 5,000 clients in more than 100 countries. Itibiti Mobile will provide users of major private label branded itiBiti platforms with the ability to continue their brand engagement experience with their mobile smartphone.<br /> <br />About Intertainment - <a href="http://www.intertainmentmedia.com/" target="_blank">www.intertainmentmedia.com</a><br /> <br />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. Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital, No Good TV, View2gether Inc., Itibiti Systems Inc., and Magnum Fine Commercial Printing Limited. Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange with the symbol "INT".<br /> <br />This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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 regulations. We do not undertake any duty to update any forward-looking statements.</p>
<div>
<p><strong>For more information, please contact</strong></p>
Corporate Inquiries:<br />Intertainment Media Inc.<br />David Lucatch, CEO<br />905-763-3510<br /><br />or<br /><br />Investor Communications:<br />Buchalter Consulting<br />1-866-631-6537<br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a><br /><br />or<br /><br />Online Investor Relations Hub:<br />AGORACOM<br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a><br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a></div>]]>
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      <title>[Press Release] Intertainment's Itibiti Systems to Expand U.S Operations</title>
      <guid>message_1213057</guid>
      <pubDate>10 Sep 2009 13:15:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1213057</link>
      <description>
        <![CDATA[<h3>ItiBiti to open offices in Los Angeles, New York to manage growing client base</h3>
<p><strong>TORONTO, CANADA--(Sept. 10, 2009) - Intertainment Media Inc. ("Intertainment" or the "Corporation") (TSX VENTURE:INT)</strong> today announced that it its wholly owned subsidiary, Itibiti Systems Inc. will be expanding operations in the United States with the opening of offices for its itiBiti platform services in Los Angeles and New York.</p>
<p>Beginning October 2009, itiBiti will be accelerating American operations to keep pace with its expanding roster of major brand programs, while providing business development and client liaison services for itiBiti's growing Advertising Agency, Broadcast and Technology relationships in the US.</p>
<p>The Company will announce the hiring of key personnel concurrent with the opening of these offices.</p>
<p>"New York and Los Angeles are ideal locations for our first areas of expansion, as these cities have a significant number of major agencies, technology companies and client brand head offices, allowing itiBiti to provide a higher level of personalized service to our partners," said David Lucatch, President - Itibiti Systems Inc. / CEO - Intertainment Media Inc.</p>
<p>itiBiti began its first US market trials with a major industry broadcaster in June, 2009, and has since, expanded the rollout to the second of three phases, to include a wider scope of registration to the general public and co-marketing programs. itiBiti will continue to increase user scalability in the near term and expand its branded marketing program. Notably, ItiBiti has also initiated a series of new features, including desktop computer GPS mapping, allowing for the creation of new location based revenue programs and mobile applications.</p>
<p>About Itibiti Systems Inc. - www.itibiti.com</p>
<p>Itibiti Systems' platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user's computer desktop - providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</p>
<p>About Intertainment - www.intertainmentmedia.com</p>
<p>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.</p>
<p>Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital, No Good TV, View2gether Inc., Itibiti Systems Inc., and Magnum Fine Commercial Printing Limited.</p>
<p>Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange with the symbol "INT".</p>
<p>This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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 regulations. We do not undertake any duty to update any forward-looking statements.</p>
<p>FOR FURTHER INFORMATION PLEASE CONTACT:</p>
<pre>Corporate Inquiries:<br />Intertainment Media Inc.<br />David Lucatch, CEO<br />905-763-3510<br /></pre>
<p>or</p>
<pre>Investor Communications:<br />Buchalter Consulting<br /><br />1-866-631-6537<br /><br />Stan.Buchalter@BuchalterConsulting.ca<br /></pre>
<p>or</p>
<pre>Online Investor Relations Hub:<br />AGORACOM<br /><br /><br />INT@Agoracom.com<br />www.agoracom.com/IR/intertainment<br /></pre>]]>
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      <title>[Press Release] Intertainment Media Financing Update</title>
      <guid>message_1211895</guid>
      <pubDate>08 Sep 2009 17:05:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1211895</link>
      <description>
        <![CDATA[<p><strong>TORONTO, ONTARIO--(Sept. 8, 2009) - Intertainment Media Inc. ("Intertainment" or the "Corporation") (TSX VENTURE:INT)</strong> is pleased to announce that it has completed a non-brokered private placement of units (the "Units") for gross proceeds of $309,750.00 (the "Offering"). Each Unit was issued for $0.15 per Unit and is comprised of one common share of the Corporation ("Common Share") and one Common Share purchase warrant ("Warrant"), with each Warrant having an exercise price of $0.20 and a term ending on the date that is 24 months after the date of issuance of the Warrant. This Offering is in addition to, and on the same terms as, the previously announced closing of $580,560.00 on September 2, 2009.<br /> <br />Dundee Securities of Toronto was the primary participant in the placement and received a 7% commission in cash and options to purchase up to 7% of the units sold for a period of 18 months from the date of completion of the Offering.<br /> <br />The proceeds will be used to expand the launch programs of itiBiti and for general working capital purposes. After giving effect to the Offering, the Corporation now has 95,724,469 Common Shares issued and outstanding.<br /> <br />Also, as previously announced on September 2, 2009, Itibiti Systems Inc., subject to necessary approvals, will also offer up to $2.75 Million in Convertible Debentures. The convertible debentures ("Debentures") of Itibiti Systems consist of convertible debentures ("Debentures") at a subscription price of $50,000 CDN per Debenture which, unless otherwise authorized, will be payable at 12% interest per year, paid semi-annually. Each Debenture will be convertible into the Debenture holder's choice of (a) units of Intertainment ("Units") at a conversion price of $0.175 per Unit with each Unit consisting of one common share and one common share purchase warrant ("Warrant"), such Warrant having an exercise price of $0.22 and being valid for two (2) years from the date of conversion of the debenture into shares of Intertainment Media Inc., or (b) common shares of Itibiti Systems ("Itibiti Shares") upon the occurrence of a Liquidity Event (as defined below) whereby each $0.70 of principal amount outstanding under the Debentures can be converted into one Itibiti Share.<br /> <br />A Liquidity Event is the occurrence of an event whereby Itibiti Systems is listed for trading on a public stock exchange or whereby substantially all of the assets or securities of Itibiti are sold or amalgamated.<br /> <br />With the closing of the non-brokered private placements announced today and on September 2, 2009 together with the proposed $2.75 Million Convertible Debenture, the Company feels that is in a position whereby it will have sufficient working capital in the near term for its itiBiti launch program.<br /> <br />About Itibiti Systems Inc. - <a href="http://www.itibiti.com/" target="_blank">www.itibiti.com</a><br /> <br />Itibiti Systems' platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user's computer desktop - providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.<br /> <br />About Intertainment - <a href="http://www.intertainmentmedia.com/" target="_blank">www.intertainmentmedia.com</a><br /> <br />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.<br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital, No Good TV, View2gether Inc., Itibiti Systems Inc., and Magnum Fine Commercial Printing Limited.<br /> <br />Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange with the symbol "INT".<br /> <br />This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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 regulations. We do not undertake any duty to update any forward-looking statements.</p>
 
<div>
<p><strong>For more information, please contact</strong></p>
Corporate Inquiries:<br />Intertainment Media Inc.<br />David Lucatch, CEO<br />905-763-3510<br /><br />or<br /><br />Investor Communications:<br />Buchalter Consulting<br />1-866-631-6537<br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a><br /><br />or<br /><br />Online Investor Relations Hub:<br />AGORACOM<br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a><br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a></div>

<div><a href="http://www.marketwire.com/mw/search.do?params=&amp;grpSearch=C&amp;companyid=26846" target="_blank"><br /></a></div>]]>
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      <title>[Press Release] Intertainment Media Financing Update</title>
      <guid>message_1208995</guid>
      <pubDate>02 Sep 2009 16:49:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1208995</link>
      <description>
        <![CDATA[<p><strong>TORONTO, CANADA--(Sept. 2, 2009) - Intertainment Media Inc. ("Intertainment" or the "Corporation") (TSX VENTURE:INT)</strong> is pleased to announce that it has completed a non-brokered private placement of units (the "Units") for gross proceeds of $580,560.00 (the "Offering"). Each Unit was issued for $0.15 per Unit and is comprised of one common share of the Corporation ("Common Share") and one Common Share purchase warrant ("Warrant"), with each Warrant having an exercise price of $0.20 and a term ending on the date that is 24 months after the date of issuance of the Warrant.</p>
<p>Dundee Securities of Toronto was the participant in the placement and received a 7% commission in cash and options to purchase up to 7% of the units sold for a period of 18 months from the date of completion of the Offering.</p>
<p>The proceeds will be used to expand the launch programs of itiBiti and for general working capital purposes. After giving effect to the Offering, the Corporation now has 93,659,468 Common Shares issued and outstanding.</p>
<p>Itibiti Systems Inc., subject to necessary approvals, will also offer up to $2.75 Million in Convertible Debentures. The convertible debentures ("Debentures") of Itibiti Systems consist of convertible debentures ("Debentures") at a subscription price of $50,000 CDN per Debenture which, unless otherwise authorized, will be payable at 12% interest per year, paid semi-annually. Each Debenture will be convertible into the Debenture holder's choice of (a) units of Intertainment ("Units") at a conversion price of $0.175 per Unit with each Unit consisting of one common share and one common share purchase warrant ("Warrant"), such Warrant having an exercise price of $0.22 and being valid for two (2) years from the date of conversion of the debenture into shares of Intertainment Media Inc., or (b) common shares of Itibiti Systems ("Itibiti Shares") upon the occurrence of a Liquidity Event (as defined below) whereby each $0.70 of principal amount outstanding under the Debentures can be converted into one Itibiti Share.</p>
<p>A Liquidity Event is the occurrence of an event whereby Itibiti Systems is listed for trading on a public stock exchange or whereby substantially all of the assets or securities of Itibiti are sold or amalgamated.</p>
<p>About Itibiti Systems Inc.</p>
<p>Itibiti Systems' platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user's computer desktop - providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</p>
<p>About Intertainment</p>
<p>Intertainment Media Inc. (www.intertainmentmedia.com) 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.</p>
<p>Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (www.eyerockdigital.com), No Good TV (www.ngtv.com), View2gether Inc. (www.view2gether.com), Itibiti Systems Inc. (www.itibitisystems.com) and Magnum Fine Commercial Printing Limited (www.magnumprinting.com). Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange (TSX VENTURE:INT).</p>
<p>This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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 regulations. We do not undertake any duty to update any forward-looking statements.</p>
<p>FOR FURTHER INFORMATION PLEASE CONTACT:</p>
<pre>Intertainment Media Inc.<br />Corporate Inquiries:<br />David Lucatch<br />CEO<br /><br />(905) 763-3510<br /><br /></pre>
<p>or</p>
<pre>Intertainment Media Inc.<br />Investor Communications:<br />Buchalter Consulting<br />1-866-631-6537<br /><br />Stan.Buchalter@BuchalterConsulting.ca<br />www.intertainmentmedia.com<br /></pre>
<p>or</p>
<pre>AGORACOM<br />Online Investor Relations Hub:<br /><br /><br /><br />INT@Agoracom.com<br />www.agoracom.com/IR/intertainment<br /></pre>]]>
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      <title>[Press Release] Intertainment Subsidiary to Purchase Assets of Dye &amp; Durham</title>
      <guid>message_1191353</guid>
      <pubDate>05 Aug 2009 13:19:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1191353</link>
      <description>
        <![CDATA[<p><br /><strong><em>Intertainment Media Acquisition Update:<br /> Magnum To Purchase Print and Graphic Assets <br />Of Dye &amp; Durham</em></strong></p>
<p><strong>TORONTO, CANADA, August 5, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT)</strong> announces that its wholly owned subsidiary, Magnum Fine Commercial Printing Limited (&ldquo;Magnum&rdquo;), has executed an agreement to purchase (the &ldquo;Acquisition&rdquo;) the print and graphic assets, clients, programs and equipment of Dye &amp; Durham, a division of The Cartwright Group Ltd (&ldquo;Dye &amp; Durham&rdquo;), a leader in serving the legal, professional and business markets in Canada for 135 years. </p>
<p>Originally established in Toronto in 1874 as The Dominion Blank Form Company, the name Dye &amp; Durham was adopted in 1911. As vendors of legal forms primarily to the Ontario market, Dye &amp; Durham expanded in 1962, and began offering complete print and graphic services to meet growing customer demand.</p>
<p>Since 2004, Magnum has been designated a Dye &amp; Durham Alliance Printer, providing their clients with comprehensive graphic and print solutions.  Now, the acquisition of Dye &amp; Durham&rsquo;s graphic and print assets builds further on the trust and service that Magnum is already providing Dye &amp; Durham and its clients. </p>
<p>For customers not already using the Dye &amp; Durham online MIS platform powered by Magnum and Intertainment, Magnum will introduce Dye and Durham clients to its proprietary online MIS platform, allowing users to manage print and collateral materials on demand, and create greater overall efficiencies and turn-around times.</p>
<p>The Company is also pleased to announce that Mr. Al Monteath, Vice President of Dye &amp; Durham&rsquo;s Graphics Division will be joining Magnum as Vice President of Business Development.  Mr. Monteath is a well-known industry professional. In his role at Dye &amp; Durham over the past 34 years, Mr. Monteath has been responsible for Print sales for Dye &amp; Durham and has had a print role in other Cartwright Companies including Canada Law Book &amp; CLB Media. In his new capacity at Magnum, Mr. Monteath will be instrumental in the transition of clients and production services and will lead growth development opportunities.</p>
<p>&ldquo;This strategic acquisition marks the continued development and growth of Intertainment&rsquo;s divisional business, and the integration of new opportunities into its online platforms,&rdquo; said David Lucatch, CEO of Intertainment Media Inc.  &ldquo;In addition, Magnum continues to accelerate its graphics services business by creating innovative business channels to increase efficiencies and customer benefits - dovetailing directly into other Intertainment platforms, including itiBiti, providing clients with both online and direct response opportunities.&rdquo;</p>
<p>The Acquisition, comprised of a cash purchase price with no issuance of securities, of Dye &amp; Durham&rsquo;s print and graphic assets has been approved by the board of directors of both companies and is scheduled to close on September 30, 2009.  Based on estimated incremental business from this transaction, Magnum has the opportunity to grow significantly in the upcoming years. Together with the purchased assets and transitioning staff, Magnum has the internal infrastructure and existing business partnerships to execute the increased business.</p>
<p>The acquisition of Dye &amp; Durham&rsquo;s print and graphic assets further establishes Magnum as a leader in the graphics services industry.  An FSC Certified Company, both Magnum President Jana Lucatch, and Vice President of Production Services, Rob Cole have achieved the designation as FSC Expert Pioneer, reflecting Magnum&rsquo;s commitment to the environment and the future of the industry. Featured on the cover of the May 2009 national trade journal Graphic Arts Magazine, Jana Lucatch continues to be a leading industry voice in the area of social responsibility, sustainability and mentorship. </p>
<p>Completion of this arm's length Acquisition is subject to a number of conditions including receipt of third party consents and other conditions customary in a transaction of this nature.  There can be no assurance that the Acquisition will be completed as proposed or at all.</p>
<p><strong>About Magnum Fine Commercial Printing Limited</strong><br />For almost 25 years, Magnum has provided clients with leading edge design, production and distribution services globally to meet the needs of their business, promotional and customer needs.  Magnum and its management teams are actively involved in the Canadian Forest Stewardship Council (FSC) programs, promoting environmentally sound industry solutions.  Magnum has also established a robust online order and management platform allowing clients to increase efficiencies and management of collateral programs.<br /> <br /><strong>About Intertainment</strong> <br />Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>), No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>), View2gether Inc. (<a href="http://www.view2gether.com" target="_blank">www.view2gether.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>).<br /> <br />Headquartered in Richmond Hill, Ontario, Canada, Intertainment Media Inc. is listed on the TSX Venture Exchange under the symbol &ldquo;INT&rdquo;.<br />  <br />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.<br /> <br /><em>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.<br /></em> <br />Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  <br />  <br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a>  <br /><a href="http://www.agoracom.com/ir/intertainment" target="_blank"><a href="http://www.agoracom.com/ir/intertainment" target="_blank">http://www.agoracom.com/ir/intertainment</a></a> <br /> <br />Intertainment Corporate Inquiries:<br />David Lucatch, CEO<br />905-763-3510</p>
<p>Media:<br />Sandra Puglielli<br />416-253-4153<br /><a href="mailto:stpnow@rogers.com" target="_blank">stpnow@rogers.com</a></p>
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      <title>[Interview] Social media expert David Spark comments on the importance of INT's Itibiti</title>
      <guid>message_1183889</guid>
      <pubDate>24 Jul 2009 17:27:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1183889</link>
      <description>
        <![CDATA[<p style="text-align: center;"><a href="http://www.youtube.com/watch?v=UL3bXlJEiRc" target="_blank"><img src="http://smallcapepicenter.com/images/al25july.JPG" height="304" width="500" /></a></p>]]>
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      <title>[Interview] Social Media Expert David Spark comments on INT's Itibiti</title>
      <guid>message_1183048</guid>
      <pubDate>23 Jul 2009 16:50:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1183048</link>
      <description>
        <![CDATA[<p>Please be advised that Intertainment Media recently brought in David Spark, a social media expert, from San Francisco.  AGORACOM recently spoke with Mr. Spark discussing the importance of social media; where it's going, and how Intertainment's Itibiti can play a role.</p>
<p>Please be advised that you can hear the interview by simply going to the Broadcast Center within the blue bar near the top of this page and then clicking on the link within the CEO Interview box with the Intertainment logo.</p>
<p>Feel free to comment on the interview or any other facet of the business with Intertainment.</p>
<p>AGORACOM Investor Relations</p>]]>
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      <title>[Broadcast] Social media expert David Spark comments on the importance of INT's Itibiti</title>
      <guid>broadcast_563252</guid>
      <pubDate>23 Jul 2009 16:45:19 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/webcasts/563252</link>
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      <title>[Press Release] Intertainment and Omnicom Subsidiaries Complete Agreement</title>
      <guid>message_1180004</guid>
      <pubDate>20 Jul 2009 13:18:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1180004</link>
      <description>
        <![CDATA[<p><strong><em>Intertainment&rsquo;s itiBiti Completes Agreement With Highway Entertainment <br />For Representation To Omnicom Media Group Worldwide <br /></em></strong> <br /><strong>TORONTO, CANADA, July 20, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT)</strong> announces that its wholly owned subsidiary, Itibiti Systems Inc. (&ldquo;Itibiti Systems&rdquo;), has entered into an agreement with Highway Entertainment to represent itiBiti, the private label, next generation social media application, to all of Omnicom Media Group clients worldwide.  Omnicom Media Group (&ldquo;OMG&rdquo;) is the media services division of Omnicom Group Inc. (NYSE: OMC), the leading global advertising, marketing and corporate communications company, providing services to over 5,000 clients in more than 100 countries.<br /> <br />The goal of this shared vision is to create new and ongoing itiBiti brand platforms with OMG clients, and to work with OMG companies including PHD and OMD to increase revenues through advertising and promotions on existing itiBiti brand platforms.<br /> <br />The announcement crystallizes the parties ongoing two year relationship, as Highway Entertainment and Omnicom Media Group have been instrumental in the development and acquisition of significant client programs for itiBiti, including a global agreement in the broadcast and entertainment sector.  <br /> <br />&ldquo;We are delighted to announce this arrangement with Itibiti Systems Inc.,&rdquo; said Cam Reston, CFO Highway Entertainment and PHD Canada. &ldquo;The relationship leverages a unique, multi-faceted value proposition for the clients of Omnicom Media Group worldwide, driven by one of the market&rsquo;s most innovative social media applications, and dynamic business models.&rdquo;<br /> <br />Acclaimed by Microsoft Corp., as &ldquo;the next generation of integrated social media applications&rdquo;, itiBiti provides major brand partners with a full feature, revenue generating, turn-key platform integrating consumers and fans, or &ldquo;clusters&rdquo;, into a robust and engaging desktop based private label social media enterprise.<br /> <br />&ldquo;itiBiti continues to prove itself a truly unique, viable program for today&rsquo;s changing social media landscape,&rdquo; said David Lucatch, CEO of Intertainment Media and Itibiti Systems Inc.  &ldquo;This agreement with Highway Entertainment provides access to an unprecedented range of clients and advertising opportunities globally.&rdquo;<br /> </p>
<p><strong>About Highway Entertainment <br /><br /></strong>A unit of Omnicom Media Group, Highway Entertainment specializes in content creation, distribution, acquisition and media sales.</p>
<p><br /><strong>About Omnicom Media Group.<br /><br /></strong>Omnicom Media Group (OMG) is the media services division of Omnicom Group Inc. (NYSE: OMC), the leading global advertising, marketing and corporate communications company, providing services to over 5,000 clients in more than 100 countries. Omnicom Media Group includes the full service media networks OMD, PHD and Prometheus as well as a number of specialty media communications companies.</p>
<p> <br /><strong>About Itibiti Systems Inc.<br /><br /></strong>Itibiti Systems&rsquo; platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user&rsquo;s computer desktop &ndash; providing major global brands with the unprecedented ability to power their social media and marketing efforts within a unique, private label loyalty and revenue platform.  itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform.  Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.<br /><br /> <br /><strong>About Intertainment <br /><br /></strong>Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>) , No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>) , View2gether Inc. (<a href="http://www.view2gether.com" target="_blank">www.view2gether.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>) . <br /> <br />Headquartered in Richmond Hill, Ontario, Canada, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol &ldquo;INT&rdquo;.<br />  <br />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.<br /> <br /><em>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.<br /> <br /></em><br />Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  <br />  <br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a> <br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a>  <br /> <br />Intertainment Corporate Inquiries:<br />David Lucatch, CEO<br />905-763-3510<br /> <br />Media:<br />Sandra Puglielli<br />416.253.4153<br /><a href="mailto:stpnow@rogers.com" target="_blank">stpnow@rogers.com</a><br /> </p>
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      <title>[Press Release] Intertainment’s Graphics Division To Acquire Leading Industry Firm</title>
      <guid>message_1176366</guid>
      <pubDate>15 Jul 2009 13:14:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1176366</link>
      <description>
        <![CDATA[<p><strong><em>Magnum to increase online graphics services offerings</em></strong><br /> <br /><strong>TORONTO, CANADA, July 15, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT)</strong> announces that its wholly owned subsidiary, Magnum Fine Commercial Printing Limited (&ldquo;Magnum&rdquo;), has entered into an agreement to purchase the assets, clients, programs and equipment (&ldquo;Vendor Business&rdquo;) of a leading Canadian graphics services company.  Further details of the acquisition will be released in and around August 4, 2009 as the parties finalize the agreements.</p>
<p>The Vendor Business is a well-established firm with clients across Canada with profitable recurring business of a minimum $3.5 Million annually.  Magnum has established a state of the art, online order and processing system capable of handling a significant amount of the recurring business providing increased efficiencies for clients.  Based on estimated increased business, Magnum has the opportunity to grow by up to 200% in the upcoming year.  Magnum has both the internal resources and existing business partnerships to execute the increased business.</p>
<p>This acquisition further establishes Magnum as a leader in the graphics services industry.  In May 2009, Jana Lucatch, President of Magnum was featured on the cover of Graphic Arts, an industry leading national publication, in a feature article about women in the printing and graphics industry in Canada.  Magnum is a FSC Certified Company and both Jana Lucatch and Rob Cole, vice president of Production Services have achieved the designation as FSC Expert Pioneer, reflecting Magnum&rsquo;s commitment to the environment and future of the industry.</p>
<p>&ldquo;In an industry that is changing to keep pace with a growing online market, Magnum is continuing to accelerate its graphics services business by creating innovative business channels to increase efficiencies and customer benefits.  This acquisition is directly in line with Intertainment&rsquo;s growth plan by providing recurring revenue platforms, increased online channel business and establishing a growing client base.  Magnum&rsquo;s programs dovetail directly into other Intertainment platforms, like itiBiti, providing clients with both online and direct response opportunities,&rdquo; said Mr. David Lucatch, CEO of Intertainment.</p>
<p>The final purchase is subject to completion of due diligence and approval of the board of directors and TSX Venture Exchange.</p>
<p><br /><strong>About Magnum Fine Commercial Printing Limited</strong><br />For almost 25 years, Magnum has provided clients with leading edge design, production and distribution services globally to meet the needs of their business, promotional and customer needs.  Magnum and its management teams are actively involved in the Canadian Forest Stewardship Council (FSC) programs, promoting environmentally sound industry solutions.  Magnum has also established a robust online order and management platform allowing clients to increase efficiencies and management of collateral programs.<br /> <br /><strong>About Intertainment <br /></strong>Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>) , No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>) , View2gether Inc. (<a href="http://www.view2gether.com" target="_blank">www.view2gether.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>) . <br /> <br />Headquartered in Richmond Hill, Ontario, Canada, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol &ldquo;INT&rdquo;.<br />  <br />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.<br /> <br /><em>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.<br /></em> <br />Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  <br />  <br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a>  <br /><a href="http://www.agoracom.com/ir/intertainment" target="_blank"><a href="http://www.agoracom.com/ir/intertainment" target="_blank">http://www.agoracom.com/ir/intertainment</a></a> <br /> <br />Intertainment Corporate Inquiries:<br />David Lucatch, CEO<br />905-763-3510</p>
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      <title>[Press Release] Intertainment’s Itibiti Systems Closes Financing</title>
      <guid>message_1175001</guid>
      <pubDate>13 Jul 2009 13:31:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1175001</link>
      <description>
        <![CDATA[<p><strong>TORONTO, CANADA, July 13, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT)</strong> announces that its wholly owned subsidiary, Itibiti Systems Inc. (&ldquo;Itibiti Systems&rdquo;) has closed on $1,415,430.50 cash for its previously disclosed offering of convertible debentures as detailed in the press releases dated June 4, 2009, May 5, 2009 and March 4, 2009 (the &ldquo;Offering&rdquo;). Insiders are providing $650,000 of new investment into the Offering, with Mr. David Lucatch, CEO of Intertainment Media Inc. and President of Itibiti Systems Inc. providing $550,000. The funds are being used to continue to execute Itibiti Systems business plan as detailed in the news releases over the past several months and for working capital requirements.  Given the recent increase in valuation of Intertainment, the Company has chosen to minimize dilution and will review any future financing opportunities based on current market conditions.</p>
<p>Itibiti Systems has received a $2.1 Million CDN offer from a Toronto based Private Equity firm.  The $2.1 Million offer provides for the conversion of a previously announced term loan of $1 Million into common stock of Itibiti Systems at $0.70 per share and the infusion of additional $1.1 Million of working capital, subject to the approval of the Board of Directors and the TSX Venture Exchange.</p>
<p>The Company also announces that the offering detailed in the press release dated May 21, 2009, has expired and the Company did not close on any subscriptions pursuant to such offering.   Intertainment continues to negotiate an equity offering from an International Mutual Fund as detailed in the May 21, 2009 release, based on an increase in price that reflects current market conditions and subject to the approval of the Board of Directors and the TSX Venture Exchange.</p>
<p>Dundee Securities of Toronto has exercised 2,575,000 common share purchase warrants of Intertainment Media Inc. at $0.18 for gross proceeds of $463,500 pursuant to a previously closed financing. Proceeds were used for the closing of the previously announced technology acquisition and ongoing working capital requirements.</p>
<p>The convertible debentures (&ldquo;Debentures&rdquo;) of Itibiti Systems consist of convertible debentures ("Debentures") at a subscription price of $50,000 CDN per Debenture which, unless otherwise authorized, will be payable at 15% interest per year, paid semi-annually. Each Debenture will be convertible into the Debenture holder&rsquo;s choice of (a) units of Intertainment ("Units") at a conversion price of $0.11 per Unit with each Unit consisting of one common share and one common share purchase warrant ("Warrant"), such Warrant having an exercise price of $0.16 and being valid for two (2) years from the date of conversion of the debenture into shares of Intertainment Media Inc., or (b) common shares of Itibiti Systems (&ldquo;Itibiti Shares&rdquo;) upon the occurrence of a Liquidity Event (as defined below) whereby each $0.70 of principal amount outstanding under the Debentures can be converted into one Itibiti Share.</p>
<p>A Liquidity Event is the occurrence of an event whereby Itibiti Systems is listed for trading on a public stock exchange or whereby substantially all of the assets or securities of Itibiti are sold or amalgamated.</p>
<p>Further to disclosure requirements of applicable securities laws and as disclosed above, the Company reports that David Lucatch, President, CEO and a director of the Company, purchased $550,000 worth of convertible debentures (&ldquo;Debentures&rdquo;) pursuant to, and upon the terms of, the Offering.   Following completion of the Offering, David Lucatch, along with his spouse, now owns or controls 13,378,753 common shares of the Company (&ldquo;Shares&rdquo;), or approximately 15.1% of the total issued and outstanding Shares of the Company and options, warrants or convertible securities to acquire up to 12,750,000 Shares (&ldquo;Convertible Securities&rdquo;).  Assuming exercise of such Convertible Securities, David Lucatch, along with his spouse, would own or control 26,128,753 Shares or approximately 25.8% of the total issued and outstanding Shares of Intertainment.  David Lucatch purchased the Debentures for investment purposes.  David Lucatch may increase or decrease his investment in the Company depending on market conditions or any other relevant factors.<br />About Itibiti Systems Inc.<br />Itibiti Systems&rsquo; platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user&rsquo;s computer desktop &ndash; providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform.  itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform.  Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</p>
<p>About Intertainment <br />Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>), No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>), View2gether Inc. (<a href="http://www.view2gether.com" target="_blank">www.view2gether.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>). Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange (symbol: INT).</p>
<p>Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange (symbol: INT). <br /> </p>
<p>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.</p>
<p>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.</p>
<p>Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  <br />  <br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a> <br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a> </p>
<p>Corporate Inquiries:<br />David Lucatch, CEO<br />905-763-3510</p>]]>
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      <title>[Press Release] Intertainment Media's Itibiti Presents "Be the Voice" Social Media Series</title>
      <guid>message_1170774</guid>
      <pubDate>06 Jul 2009 13:41:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1170774</link>
      <description>
        <![CDATA[<p><strong>Intertainment Media&rsquo;s itiBiti Presents Inaugural &ldquo;Be The Voice&rdquo; sm Social Media Leadership Series<br /></strong></p>
<p><strong><em>&ldquo;Building Industry Voice and Revenue With Social Media&rdquo;</em></strong></p>
<p><strong><em>With Guest Moderator, David Spark <br />Founder, Spark Media Solutions - San Francisco</em> <br /></strong></p>
<p><strong>TORONTO - July 6th, 2009- Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT)</strong> today announced that its wholly owned subsidiary, Itibiti Systems Inc. (&ldquo;Itibiti Systems&rdquo;), will be presenting &ldquo;Be The Voice&rdquo; sm, a leadership discussion series on the state of the social media industry.</p>
<p>From July 20th to 24th in Toronto, David Spark will lead a limited number of private sessions for select organizations and their teams. The portable, interactive boardroom series is being presented at no cost by Itibiti Systems, with many available slots already pre-booked.</p>
<p>The founder of Spark Media Solutions, specialists in developing brand and thought leadership through storytelling and social media, Spark will discuss the latest trends and industry news on organizations that are using social media to increase messaging, enhance sale strategies, and build revenue. <br />For more than fourteen years, Spark has worked as a journalist reporting on the tech industry in print, radio, TV, and online. His articles and advice have appeared in publications and media outlets including eWEEK, Wired News, PC Computing, PC World, ABC Radio, and Smart Computing.</p>
<p>The high impact, one-hour forum will provide insight into the emerging social media space for brands, agencies and the investment community, along with an interactive overview of the industry, case studies on successes, failures and a look at future opportunities.</p>
<p>In addition to the roster of private presentations, a larger, open forum for general audiences and the media will take place Wednesday, July 22nd, with details being announced in the days to come.</p>
<p>&ldquo;Social media can be a game changing strategy for many organizations as they begin to develop programs that actively engage consumers and allow them to participate in the marketing message,&rdquo; said David Lucatch, CEO of Intertainment Media and President of Itibiti Systems Inc. &ldquo;David Spark provides a timely and direct opportunity for organizations in all sectors to understand what&rsquo;s going on in social media, and use this information to assist in their go-forward strategies&rdquo;.</p>
<p><strong>About David Spark:</strong> <br />David Spark is the founder of Spark Media Solutions, a consultancy and production company that helps companies build their industry voice through storytelling.<br />For more than fourteen years, Spark has worked as a journalist reporting on the tech industry in print, radio, TV, and online. His articles and advice have appeared in more than 25 publications and media outlets including eWEEK, Wired News, PC Computing, PC World, ABC Radio, and Smart Computing. In addition, Spark spent ten years in advertising and corporate entertainment as a new media director and marketing creative. While not covering the tech beat or managing ad campaigns, Spark squandered more than a dozen years working as a stand up comedian and comedy writer for The Second City comedy troupe in Chicago (video). Currently, Spark is a regular contributor for John C. Dvorak&rsquo;s Cranky Geeks, KQED&rsquo;s &ldquo;This Week in Northern California,&rdquo; ABC Radio, hosts his podcast &ldquo;Be the Voice,&rdquo; and can be heard on the &ldquo;Spark Minute&rdquo; for Green 960 (progressive talk) in San Francisco. David Spark lives in San Francisco, a city he loves so much he&rsquo;s become a local historian offering walking tours to locals and tourists.</p>
<p><strong>About Itibiti Systems Inc:</strong><br />Itibiti Systems&rsquo; platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user&rsquo;s computer desktop &ndash; providing major global brands with the unprecedented ability to power their social media and marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</p>
<p><br /><strong>About Intertainment:<br /></strong>Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /><br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>) , No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>) , View2gether Inc. (<a href="http://www.view2gether.com" target="_blank">www.view2gether.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>) . <br /><br />Headquartered in Richmond Hill, Ontario, Canada, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol &ldquo;INT&rdquo;.<br /><br />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.</p>
<p><br /><em>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.<br /></em><br />Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a> <br /><br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a> <br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a> <br /><br />Intertainment Corporate Inquiries:<br />David Lucatch, CEO<br />905-763-3510</p>
<p>Booking &amp; Media:<br />Sandra Puglielli<br />SPPM<br />416.253.4153<br /><a href="mailto:stpnow@rogers.com" target="_blank">stpnow@rogers.com</a></p>]]>
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      <title>[Press Release] Intertainment’s itiBiti To Offer Users Wicked Social Gaming</title>
      <guid>message_1167953</guid>
      <pubDate>30 Jun 2009 13:07:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1167953</link>
      <description>
        <![CDATA[<p><br /><strong><em>Free-to-play Massively Multiplayer Online Platform with Revenue Opportunities Now Available at Subagames.com</em></strong><br /> <br /> <br /><strong>TORONTO, CANADA, June 30, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; (TSXV:INT)</strong> announces today that its wholly owned subsidiary, <strong>Itibiti Systems Inc. (&ldquo;Itibiti Systems&rdquo;),</strong> has entered into a partnership agreement with Wicked Interactive Ltd. (&ldquo;Wicked&rdquo;) to offer users of itiBiti, the private label social media platform, the Suba Games roster of Free-to-play Massively Multiplayer Online (&ldquo;MMO&rsquo;s&rdquo;) games available at <a href="http://www.subagames.com" target="_blank">www.subagames.com</a>. Through the partnership, itiBiti&rsquo;s major branded platforms will generate traffic and new users to Wicked Interactive&rsquo;s slate of online games, where players make in-game purchases, resulting in shared revenues for both companies. <br /> <br />Called "the next generation of integrated social media applications" by Microsoft Corp., itiBiti provides major brand partners with a full feature, revenue generating, turn-key platform integrating consumers and fans, or "clusters", into a robust and engaging desktop-based private label social media enterprise.</p>
<p>&ldquo;itiBiti is offering brands and users a number of unique offerings that enhance the overall social media experience. Wicked&rsquo;s Suba Games platform gives users value and exciting game play and an ongoing revenue stream for itiBiti,&rdquo; said Mr. David Lucatch, President of Itibiti Systems and CEO of Intertainment.</p>
<p>According to a report from DFC Intelligence the Top 10 Money-Making MMO&rsquo;s of 2008 generated over $1.4 Billion in revenues.  DFC&rsquo;s research also suggests that the worldwide online game market is forecasted to grow from $3.4 billion in 2005 to over $13 billion in 2011.  Massively Multiplayer Online Role-Playing Games (MMO&rsquo;s) allow thousands of users to interact with one another in a virtual world, by assuming ongoing roles or characters with diverse features. This style of game allows for thousands of players to socially interact with one another as they grow and develop their own unique online identity providing a virtual fictional experience that millions of people worldwide enjoy.</p>
<p>Through the internet, video games have evolved into a social and community-based experience and Wicked Interactive&rsquo;s business model and its Suba Games Lineup exemplify this emerging trend. The Suba Games portal provides online users with Free-to-download and Free-to-play MMO games and features titles including fantasy MMORPG&rsquo;s Priston Tale and Metin2, military shooter, Cross Fire, and futuristic 3D Space Shooter, ACE Online.  Though all players can play for free indefinitely if they choose, they also have the option of making micro-transaction purchases within the games. These transactions can enhance their gameplay experience, which in turn result in revenues for Wicked and ItiBiti.  </p>
<p>&ldquo;With our highly active community of users, this new partnership will provide Wicked greater reach to extend our unique Suba Games experience to a wider audience,&rdquo; said Mr. Garvin Yeung, CEO of Wicked.</p>
<p>itiBiti and Wicked will make the Suba Games portal available to all itiBiti clients.</p>
<p>###</p>
<p><strong>About Wicked Interactive</strong><br />Wicked Interactive Ltd. is a leading North American video game publisher, founded in 2008, and based out of Toronto, Canada. Through its Suba Games platform, <a href="http://www.subagames.com" target="_blank">www.subagames.com</a>, Wicked Interactive has created a centralized destination where North American gamers can access a range of Massively Multiplayer Online (MMO) game experiences. The Wicked Interactive mission is to provide an exciting and robust MMO game experience that is free and enjoyable to everyone.</p>
<p><strong>About SUBA GAMES</strong><br />Suba Games is host to a collection of the best free MMO games available. A Suba Games account provides unified access to all Suba Games&rsquo; free online titles including, Metin2, Cross Fire, ACE Online, Priston Tale, and the upcoming Priston Tale 2. All Suba Games titles operate on a unified currency.  Suba Games supports engrossing social functions and community features. Visit <a href="http://www.subagames.com" target="_blank">www.subagames.com</a> to enjoy the Suba Games experience.</p>
<p><br /><strong>About Itibiti Systems Inc.<br /></strong>Itibiti Systems&rsquo; platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user&rsquo;s computer desktop &ndash; providing major global brands with the unprecedented ability to power their social media and marketing efforts within a unique, private label loyalty and revenue platform.  itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform.  Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.<br /> <br /><strong>About Intertainment</strong> <br />Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>), No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>), View2gether Inc. (<a href="http://www.view2gether.com" target="_blank">www.view2gether.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>). <br /> <br />Headquartered in Richmond Hill, Ontario, Canada, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol &ldquo;INT&rdquo;.<br />  <br />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.<br /> <br /><em>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.<br /></em> <br />Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  <br />  <br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a>  <br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank"><a href="http://www.agoracom.com/IR/intertainment" target="_blank">http://www.agoracom.com/IR/intertainment</a></a> <br />  <br /> <br />Intertainment Corporate Inquiries:<br />David Lucatch, CEO<br />905-763-3510</p>
<p>Wicked Interactive Ltd..<br />Garvin Yeung, CEO<br />416-331-8226</p>
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      <title>[Press Release] Intertainment’s Itibiti Systems Completes Acquisition</title>
      <guid>message_1163240</guid>
      <pubDate>23 Jun 2009 13:14:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1163240</link>
      <description>
        <![CDATA[<p align="center" style="text-align: center;"><span><strong><em>Next Generation Social Media Application, itiBiti, accelerates rollout plan</em></strong></span></p>
<p align="center" style="text-align: center;"><span style="font-size: 11pt; font-family: Arial;"> </span></p>
<p style=""><span style="font-size: 11pt; font-family: Arial;"> </span></p>
<p style="text-align: justify;"><strong><span style="font-size: 10pt; font-family: Arial;">TORONTO, CANADA, June 23, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT) </span></strong><span style="font-size: 10pt; font-family: Arial;">announces today that it has closed its previously announced $2 Million asset purchase acquisition (the &ldquo;<strong>Transaction</strong>&rdquo;) providing the Company&rsquo;s wholly owned subsidiary, Itibiti Systems Inc. (&ldquo;<strong>Itibiti Systems</strong>&rdquo;), with full rights to all legacy technology and intellectual property assets (the &ldquo;<strong>Technology</strong>&rdquo;) as disclosed in press releases dated March 3, 2009 and May 5, 2009.<span style="">  </span>The Company has provided $1.2 Million at closing with the balance to be paid over the next ten months.<span style="">  </span>The Transaction provides Itibiti Systems with full interest in all facets of itiBiti, as it continues to execute its business strategies and accelerate its rollout plan. </span></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p style=""><span style="font-size: x-small;"><span style="font-family: Arial;">Called &ldquo;the next generation of integrated social media applications&rdquo; by Microsoft Corp., itiBiti provides major brand partners with a full feature, revenue generating, turn-key platform integrating consumers and fans, or &ldquo;clusters&rdquo;, into a robust and engaging desktop based private label social media enterprise.  Over the past few months, ItiBiti has showcased major brand programs as a Microsoft Global Agency Partner at a number of high profile industry events.  itiBiti is continuing to negotiate and execute agreements with major business brands and technology partners and will provide updates accordingly.</span></span></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p style=""><span style="font-size: x-small;"><span style="font-family: Arial;">&ldquo;Intertainment has been diligently working on the development and deployment of the itiBiti platform for the past 2 years, creating &ldquo;cluster&rdquo; based social media programs for its major brand partners. In the marketplace, itiBiti has created significant excitement within the global technology and marketing communities. With the completion of this Transaction, we will continue to execute our &ldquo;live&rdquo; business strategy, working to create long-term revenues and value for all our stakeholders,&rdquo; stated Mr. David Lucatch, president of Itibiti Systems and CEO of Intertainment.  </span></span></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;">Pursuant to the Transaction, Itibiti Systems paid the vendor at closing $1.2 Million, consisting of $400,000 in cash and 8,000,000 units (&ldquo;<strong>Units</strong>&rdquo;) of the Company issued at a deemed price of $0.10 per Unit.  Each Unit consists of one common share (&ldquo;<strong>Share</strong>&rdquo;) and one Share purchase warrant (&ldquo;<strong>Warrant</strong>&rdquo;) with an exercise price of $0.10 per Warrant and an expiry date of two years from the date of issuance.  The Shares and Warrants are to be released over a period of 16 months pursuant to a voluntary escrow agreement with the vendor.  Itibiti Systems has also provided the management team of the Technology Transaction with a minimum one-year consulting contract to provide ongoing development and integration services.</span></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;">Under the terms of the agreement governing the Transaction, Itibiti Systems will pay the vendor an additional $800,000 in cash over the next 10 months (the &ldquo;<strong>Post-Closing Payments</strong>&rdquo;).  Following completion of the Post Closing Payments, Itibiti Systems will own the full legal title to the Technology.  The vendor shall receive revenue sharing payments from Itibiti Systems in the amount of 25.88% of all Itibiti Systems revenue until completion of the Post-Closing Payments, and for each of the 5 years following completion of the Post-Closing Payments, the seller shall receive revenue sharing payments in the amount 5.75%, 2.88%, 2.88%, 2.88% and 1.44% respectively, of all Itibiti Systems revenue. </span></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p style=""><span style="font-size: x-small;"><span style="font-family: Arial;">Pursuant to the press release of May 5, 2009, the Company would also like to announce that Mr. Michael McLaughlin is joining the Board of Directors of Intertainment.  Mr. McLaughlin is an advertising and broadcast industry veteran and has previously worked for Omnicom Media Group, where he served for eight years as an Executive Vice President within the Entertainment Group responsible for sales and marketing to the Canadian broadcasting community.  Prior to Omnicom, Mr. McLaughlin spent 15 years with CanWest Global in numerous positions including Production, Programming and Sales.  </span></span></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p style="text-align: justify;"><strong><em><span style="font-size: 10pt; color: black; font-family: Arial;">About Itibiti Systems Inc.</span></em></strong></p>
<p style="text-align: justify;"><span style="font-size: 10pt; font-family: Arial;">Itibiti Systems&rsquo; platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user&rsquo;s computer desktop &ndash; providing major global brands with the unprecedented ability to power their social media and marketing efforts within a unique, private label loyalty and revenue platform.  itiBiti offers users a rich suite<span style="color: black;"> of services in combination with brand client initiatives, and the Microsoft Windows Live platform.  Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</span></span></p>
<p style="text-align: justify;"><em><span style="font-size: 10pt; color: black; font-family: Arial;"> </span></em></p>
<p style="text-align: justify;"><strong><em><span style="font-size: 10pt; color: black; font-family: Arial;">About Intertainment</span></em></strong><em></em></p>
<p style="text-align: justify;"><span style="font-size: 10pt; color: black; font-family: Arial;">Intertainment Media Inc. (<a href="https://mail.davis.ca/owa/redir.aspx?C=4157af5dac794f579c8d0d53b01a0f96&amp;URL=http%3a%2f%2fwww.intertainmentmedia.com%2f" title="&lt;a href='http://www.intertainmentmedia.com/" target="_blank"></a> target="_blank"><span style="color: black;">www.eyerockdigital.com</span></a>), No Good TV (<a href="https://mail.davis.ca/owa/redir.aspx?C=4157af5dac794f579c8d0d53b01a0f96&amp;URL=http%3a%2f%2fwww.ngtv.com%2f" title="&lt;a href='http://www.ngtv.com/" target="_blank"></a> target="_blank"><span style="color: black;">www.itibitisystems.com</span></a>) and Magnum Fine Commercial Printing Limited (<a href="https://mail.davis.ca/owa/redir.aspx?C=4157af5dac794f579c8d0d53b01a0f96&amp;URL=http%3a%2f%2fwww.magnumprinting.com%2f" title="&lt;a href='http://www.magnumprinting.com/" target="_blank"></em></span></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p style=""><strong><span style="font-size: 10pt; font-family: Arial;">Investor Communications:</span></strong></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;">Buchalter Consulting </span></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;">1-866-631-6537 </span></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;"><a href="https://mail.davis.ca/owa/redir.aspx?C=4157af5dac794f579c8d0d53b01a0f96&amp;URL=mailto%3aStan.Buchalter%40BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  </span></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;">  </span></p>
<p style=""><strong><span style="font-size: 10pt; font-family: Arial;">Online Investor Relations Hub:</span></strong></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;">AGORACOM</span></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;">INT@Agoracom.com </span></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;"><a href="https://mail.davis.ca/owa/redir.aspx?C=4157af5dac794f579c8d0d53b01a0f96&amp;URL=http%3a%2f%2fwww.agoracom.com%2fIR%2fintertainment" target="_blank">www.agoracom.com/IR/intertainment</a>  </span></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p style=""><strong><span style="font-size: 10pt; font-family: Arial;">Corporate Inquiries:</span></strong></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;">David Lucatch, CEO</span></p>
<p style=""><span style="font-size: 10pt; font-family: Arial;">905-763-3510</span></p>]]>
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      <title>[Broadcast] Intertainment Becomes Global Agency Partner with Microsoft As Part Of Itibiti Platform </title>
      <guid>broadcast_563197</guid>
      <pubDate>19 Jun 2009 14:48:02 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/webcasts/563197</link>
      <description><![CDATA[
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      <title>[Press Release] Intertainment’s Itibiti Systems Financing Update</title>
      <guid>message_1152198</guid>
      <pubDate>04 Jun 2009 15:10:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1152198</link>
      <description>
        <![CDATA[<p><strong>TORONTO, CANADA, June 4, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT)</strong> announces that pursuant to the press releases of May 5, 2009 and March 4, 2009 detailing the offering of convertible debentures (the &ldquo;Offering&rdquo;) by the Company&rsquo;s wholly owned subsidiary Itibiti Systems Inc. (&ldquo;Itibiti Systems&rdquo;), the Company continues to work on completing the Offering and expects to close the Offering shortly.  The Company has received a portion of the executed subscription documents for the Offering, however no tranches of the Offering have closed to date.  The Company is currently negotiating final subscription amounts with committed parties.</p>
<p>The Company and Itibiti Systems continue to execute their business plans as detailed in the news releases announced over the past several months. </p>
<p>The Company also announces it is issuing 1,000,000 options to purchase common shares (&ldquo;Options&rdquo;) to third party consultants of the Company.  Each Option will have an exercise price of $0.10 per share and will expire 2 years from the date of issuance.</p>
<p><strong>About Itibiti Systems Inc.</strong><br />Itibiti Systems&rsquo; platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user&rsquo;s computer desktop &ndash; providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform.  itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform.  Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</p>
<p><strong>About Intertainment</strong> <br />Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>), No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>), View2gether Inc. (<a href="http://www.view2gether.com" target="_blank">www.view2gether.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>). Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange (symbol: INT).</p>
<p>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.</p>
<p><em>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.</em></p>
<p>Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  <br />  <br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a> <br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a> </p>
<p>Corporate Inquiries:<br />David Lucatch, CEO<br />905-763-3510</p>
<br /><br />]]>
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      <title>[Press Release] Intertainment Media Receives Financing Offer From Mutual Fund</title>
      <guid>message_1142201</guid>
      <pubDate>21 May 2009 13:36:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1142201</link>
      <description>
        <![CDATA[<p><strong>TORONTO, ONTARIO--(May 21, 2009) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)</strong> announced today that it has received interest from an international mutual fund to complete a non brokered equity offering ("Offering") of $1 Million CDN subject to board and TSX Venture approval.</p>
<p>The Offering will consist of units of Intertainment ("Units") at a subscription price of $0.11 CDN per Unit, consisting of one (1) common share with one (1) common share purchase warrant ("Warrant), having an exercise price of $0.16 CDN and being valid for two (2) years from the date of closing.</p>
<p>The pricing of the Offering is consistent with Intertainment's announcement on May 5, 2009 confirming that interest in its wholly owned subsidiary Itibiti Systems Inc.'s proposed debenture offering of $4 Million CDN has exceeded the maximum available under that financing.</p>
<p>The funds will be used for working capital and corporate purposes, including support for the launch of the Company's core and divisional programs.</p>
<p>"The Company continues to garner strong interest from the financial investment community as it accelerates its business model and launches its Private Label Social Media application - itiBiti," stated Mr. David Lucatch, CEO of Intertainment Media Inc.</p>
<p>About Itibiti Systems Inc.</p>
<p>Itibiti Systems' platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user's computer desktop - providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the Microsoft Windows Live platform. Users have the ability to access itiBiti using their Windows Live ID, giving them direct access to a number of Microsoft services. Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</p>
<p>About Intertainment</p>
<p>Intertainment Media Inc. (www.intertainmentmedia.com) 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.</p>
<p>Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (www.eyerockdigital.com), No Good TV (www.ngtv.com), View2gether Inc. (www.view2gether.com), Itibiti Systems Inc. (www.itibitisystems.com) and Magnum Fine Commercial Printing Limited (www.magnumprinting.com). Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange (symbol: INT).</p>
<p>This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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 regulations. We do not undertake any duty to update any forward-looking statements.</p>
<p>FOR FURTHER INFORMATION PLEASE CONTACT:</p>
<pre>Investor Communications:<br />Buchalter Consulting<br />1-866-631-6537<br />Stan.Buchalter@BuchalterConsulting.ca<br /><br />or<br /></pre>
<pre>Online Investor Relations Hub:<br />AGORACOM<br />INT@Agoracom.com<br />www.agoracom.com/IR/intertainment<br /><br />or<br /></pre>
<pre>Corporate Inquiries:<br />David Lucatch<br />CEO<br />905-763-3510<br /><br /><br /><br /></pre>]]>
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      <title>[Media] Itibiti Presentation</title>
      <guid>message_1135672</guid>
      <pubDate>12 May 2009 15:15:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1135672</link>
      <description>
        <![CDATA[<p>To view a presentation from Intertainment Media as to how Itibiti works, simply click on the following link.</p>
<p><a href="http://www.intertainmentmedia.com/itibiti/presentation.html" target="_blank">http://www.intertainmentmedia.com/it... </a></p>
<p>Feel free to comment on the presentation or any other facet of the business of Intertainment Media.  AGORACOM encourages constructive dialogue regarding Intertainment on the discussion forum.</p>
<p>AGORACOM Investor Relations</p>
<br /><br />]]>
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      <title>[Press Release] Intertainment’s Itibiti Systems Financing Increased</title>
      <guid>message_1130499</guid>
      <pubDate>05 May 2009 09:07:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1130499</link>
      <description>
        <![CDATA[<p><strong><em>Company reviewing $9 Million confirmed interest for increased $4 Million Offering</em></strong></p>
<p><strong>TORONTO, CANADA, May 5, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT)</strong> announced today that its wholly owned subsidiary Itibiti Systems Inc. (&ldquo;Itibiti Systems&rdquo;) has received confirmed investment interest and subscription agreements which exceeds by 300% the $3 Million CDN maximum offering previously approved by the TSX Venture Exchange (the &ldquo;Exchange&rdquo;) and announced March 4, 2009 (the &ldquo;Offering&rdquo;). </p>
<p>Pursuant to this investment interest, the Company has now increased the maximum amount of the Offering to $4 Million CDN.  Itibiti Systems is evaluating the offers that will be used to accelerate the live launch of its voice powered social networking platform (&ldquo;itiBiti&rdquo;) for its showcase brands.  Itibiti Systems has not yet closed or filed any subscription agreements received pursuant to the Offering. </p>
<p>&ldquo;We are extremely pleased to receive the ongoing support of itiBiti&rsquo;s technology and marketing partners as this has resulted in showcase opportunities with some of the world&rsquo;s largest and most influential brands,&rdquo; stated Mr. David Lucatch, President of Itibiti Systems Inc. and CEO of Intertainment Media Inc. &ldquo;Although it has taken time for the investment community to appreciate itiBiti and its revenue generating, next generation social media application, the confirmed investment interest which exceeds the original offering, given recent market conditions, is a significant achievement.&rdquo;</p>
<p>The $4 Million Offering will consist of Itibiti Systems convertible debentures ("Debentures") at a subscription price of $50,000 CDN per Debenture which, unless otherwise authorized, will be payable at 15% interest per year, paid semi-annually. Each Debenture will be convertible into the Debenture holder&rsquo;s choice of either (a) units of Intertainment ("Units") at a conversion price of $0.11 per Unit with each Unit consisting of one common share of Intertainment (&ldquo;Intertainment Shares&rdquo;) and one Intertainment Share purchase warrant ("Warrant"), such Warrant having an exercise price of $0.16 and being valid for two (2) years from the date of conversion of the debenture into Intertainment Shares, or (b) common shares of Itibiti Systems (&ldquo;Itibiti Shares&rdquo;) upon the occurrence of a Liquidity Event (as defined below) whereby each $0.70 of principal amount outstanding under the Debentures can be converted into one Itibiti Share.  A &ldquo;Liquidity Event&rdquo; is the occurrence of an event whereby Itibiti Systems is listed for trading on a public stock exchange or whereby substantially all of the assets or securities of Itibiti Systems are sold or amalgamated. </p>
<p>The Offering will be led by Toronto based D&amp;D Securities Company. The Company will pay eligible parties 8% commission in cash and provide an option to purchase up to 8% of the Debentures sold at the subscription price of the Offering for a period of 18 months from the date of completion of the Offering.</p>
<p>Further to the announcement of March 3, 2009, the Company wishes to provide an update on the proposed offer to purchase all the outstanding legacy assets and intellectual property of its business partner, Itibiti Inc. (the &ldquo;Offer&rdquo;).  The Offer is in the stages of final negotiations and is expected to close concurrently with, or shortly after, the closing of the Offering.  Under the terms of the Offer extended and as negotiated, Itibiti Systems would receive the exclusive right to purchase all outstanding legacy systems, assets, technology rights and intellectual property of Itibiti Inc. Such right shall be purchased over a maximum period of 10 months (the &ldquo;Interim Period&rdquo;).  The consideration issued to Itibiti Inc. shall be $1,200,000 CDN (the &ldquo;Cash Payment&rdquo;) and 8,000,000 units of Intertainment (&ldquo;Offer Units&rdquo;).  $400,000 of the Cash Payment is to be paid upon the closing of the Offer and the remainder is to be paid in stages over 10 months.  The Offer Units will be issued at a deemed price of $0.10 per Offer Unit with each Offer Unit consisting of one Intertainment Share and one Intertainment Share purchase warrant (&ldquo;Offer Warrant&rdquo;), such Offer Warrant having an exercise price of $0.10 and being valid for two (2) years from the date of issuance.  The Offer Units will be subject to a voluntary escrow agreement to be entered into between the parties allowing for the release of the Offer Units to Itibiti Inc. in increments over a period of 16 months.  In addition, Itibiti Inc. shall receive a percentage of revenues from the operations of Itibiti Systems for a period of five years from the date of the closing of the Offer (the &ldquo;Revenue Sharing Payments&rdquo;), such Revenue Sharing Payments equating to 25.88% of revenue until the later of either the full completion of the Cash Payment or the full completion of the Interim Period, 5.75% in the year following such, 2.88% over the subsequent three years and 1.44% in the final year. </p>
<p>In addition, concurrent with the closing of the Offer, Michael McLaughlin will be appointed as a director of Intertainment, subject to board and Exchange approval. <br /> <br /><strong>About Itibiti Systems Inc.</strong><br />Itibiti Systems&rsquo; platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user&rsquo;s computer desktop &ndash; providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform.  itiBiti offers users a rich suite of services in combination with brand client initiatives.  Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</p>
<p><strong>About Intertainment <br /></strong>Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>), No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>), Trooker Inc. (<a href="http://www.trooker.com" target="_blank">www.trooker.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>).</p>
<p>Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange (symbol: INT). <br />  <br /><em>This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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 regulations. We do not undertake any duty to update any forward-looking statements.</em></p>
<p>  <br />Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  <br />  <br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a> <br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a> </p>
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      <title>[Press Release] Intertainment’s Itibiti Systems Financing Accelerates Launch</title>
      <guid>message_1116907</guid>
      <pubDate>16 Apr 2009 15:04:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1116907</link>
      <description>
        <![CDATA[<p><strong>TORONTO, CANADA, April 16, 2009- Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT)</strong> announces that it&rsquo;s wholly owned subsidiary Itibiti Systems Inc. (&ldquo;Itibiti Systems&rdquo;) has agreed to enter into, subject to necessary approvals, an agreement for up to $1 Million Canadian in funding to accelerate the live launch of its Itibiti System&rsquo;s voice powered social networking platform (&ldquo;itiBiti&rdquo;) for its showcase brands. </p>
<p>This non-equity agreement, from a private Toronto based group, is to provide immediate access to working capital as the company completes the $3 Million debenture financing (&ldquo;Offering&rdquo;) announced on March 3rd, 2009.  The funding group has the option to convert into the Offering and the Company may choose to issue fewer convertible debenture units than the maximum proposed.</p>
<p>This announcement provides a launch update to previous strategic releases with our technology and business partners. Over the past month, itiBiti has showcased at South by Southwest, MIX09 and Web 2.0, and the product has received significant interest from major technology and consumer product brands.  Itibiti Systems&rsquo; clients, including a major US broadcaster, will begin their own publicity programs including a rollout schedule within the next 30 days.</p>
<p>&ldquo;The Company is extremely pleased to begin the roll out phase of its highly-demanded Voice Powered Social Networking platform - itiBiti.  Our clients and partners are very excited to be part of this revolutionary new high margin, instant revenue-generating program.  We are continuing to see progress in our funding efforts as daily news reports help investors recognize the significant impact that Social Media is making to the business world,&rdquo; said Mr. David Lucatch, CEO of Intertainment Media Inc.</p>
<p>The $3 Million Offering will consist of Itibiti Systems convertible debentures ("Debentures") at a subscription price of $50,000 CDN per Debenture which, unless otherwise authorized, will be payable at 15% interest per year, paid semi-annually. Each Debenture will be convertible into the Debenture holder&rsquo;s choice of either (a) units of Intertainment ("Units") at a conversion price of $0.11 per Unit with each Unit consisting of one common share of Intertainment Media Inc. (TSXV: INT) and one INT common share purchase warrant ("Warrant"), such Warrant having an exercise price of $0.16 and being valid for two (2) years from the date of conversion of the debenture into shares of Intertainment Media Inc., or (b) common shares of Itibiti Systems (&ldquo;Itibiti Shares&rdquo;) upon the occurrence of a Liquidity Event (as defined below) whereby each $0.70 of principal amount outstanding under the Debentures can be converted into one Itibiti Share.  A Liquidity Event is the occurrence of an event whereby Itibiti Systems is listed for trading on a public stock exchange or whereby substantially all of the assets or securities of Itibiti Systems are sold or amalgamated.  <br />The Offering will be led by Toronto based D&amp;D Securities Company. The Company will pay eligible parties 8% commission in cash and provide an option to purchase up to 8% of the Debentures sold at the subscription price of the Offering for a period of 18 months from the date of completion of the Offering. <br /> <br /><strong>About Itibiti Systems Inc.</strong><br />Itibiti Systems&rsquo; platform, itiBiti, is a revolutionary, instant revenue driven, Rich Internet Application (RIA) providing entertainment, communications and social networking initiatives displayed directly onto a user&rsquo;s computer desktop &ndash; providing major global brands with the unprecedented ability to power their marketing efforts within a unique, private label loyalty and revenue platform.  itiBiti offers users a rich suite of services in combination with brand client initiatives.  Itibiti Systems is currently in the planning stage for a mobile version of its product offerings.</p>
<p><strong>About Intertainment</strong> <br />Intertainment Media Inc. (<a href="http://www.intertainmentmedia.com" target="_blank">www.intertainmentmedia.com</a>) 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. <br /> <br />Additionally, Intertainment owns, operates and invests in high value content, traffic management, advertising and social networking solutions including, Eye Rock Digital (<a href="http://www.eyerockdigital.com" target="_blank">www.eyerockdigital.com</a>), No Good TV (<a href="http://www.ngtv.com" target="_blank">www.ngtv.com</a>), Trooker Inc. (<a href="http://www.trooker.com" target="_blank">www.trooker.com</a>), Itibiti Systems Inc. (<a href="http://www.itibitisystems.com" target="_blank">www.itibitisystems.com</a>) and Magnum Fine Commercial Printing Limited (<a href="http://www.magnumprinting.com" target="_blank">www.magnumprinting.com</a>).</p>
<p>Headquartered in Richmond Hill, Ontario, Canada Intertainment Media Inc. is listed on the Toronto Venture Exchange (symbol: INT). <br />  <br /><em>This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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 regulations. We do not undertake any duty to update any forward-looking statements. </em></p>
<p>  <br />Investor Communications: <br />Buchalter Consulting <br />1-866-631-6537 <br /><a href="mailto:Stan.Buchalter@BuchalterConsulting.ca" target="_blank">Stan.Buchalter@BuchalterConsulting.ca</a>  <br />  <br />Online Investor Relations Hub: <br />AGORACOM <br /><a href="mailto:INT@Agoracom.com" target="_blank">INT@Agoracom.com</a> <br /><a href="http://www.agoracom.com/IR/intertainment" target="_blank">www.agoracom.com/IR/intertainment</a> </p>
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      <title>[Corporate Update] Message From CEO, Mr. David Lucatch</title>
      <guid>message_1092808</guid>
      <pubDate>17 Mar 2009 10:02:00 GMT</pubDate>
      <link>http://agoracom.com/ir/intertainment/messages/1092808</link>
      <description>
        <![CDATA[<p><strong><em>itiBiti debuts NBC.com and itravel2000.com</em></strong></p>
<p>Last night at South by Southwest, one of the world&rsquo;s largest entertainment conventions in Austin, TX, Intertainment Media debuted itiBiti, its revolutionary voice powered social networking platform.</p>
<p>On hand were industry professionals, agencies, media and key people from Microsoft.  The reaction was excellent and we&rsquo;ve already made some important contacts for brand introductions (revenue) and senior executives at Microsoft&rsquo;s US marketing group.</p>
<p><strong><em>Our debut program focused on NBC.com and itravel2000.com, our first 2 programs.</em></strong></p>
<p>NBC.com is one of the largest global broadcasters reaching over 98% of all US households, and we have negotiated a multi-year, master services agreement with NBC Universal, Inc. the parent of NBC.com.  Our agreement covers all of NBCU&rsquo;s properties worldwide, including all their core companies, affiliates and subsidiaries.  It is estimated that NBCU&rsquo;s online programs receive up to 70 million unique online visitors each month.  NBC.com is our first program launch with NBCU and has been supported by the President&rsquo;s office.  NBC.com will be creating the NBC Communicator with itiBiti allowing users to watch NBC programming right on the desktop while talking with each other.  NBC.com will be selling the ad inventory and we are already, in the test program, seeing 100% advertising inventory sell-through.</p>
<p>itravel2000.com is one of Canada&rsquo;s leading travel brands.  Over 7,000 Canadians visit itravel2000.com each and every hour and itravel2000 has a database of over 1 Million Canadian travelers.  As a leading online retailer, itravel2000 was our natural choice for a Canadian launch partner.  itravel2000 is an innovator and has some amazing plans for itiBiti, as they already have exceptional interest and commitments from their business partners to advertise.  itravel2000 has commented that they expect to have up to 100% of the ad inventory committed.</p>
<p>I am now traveling to Las Vegas for MIX, Microsoft&rsquo;s global conference for web solutions.  I will be presenting on Wednesday at the Agency Showcase and introducing itiBiti to the online and VC community. </p>
<p>The prospects for itiBiti are excellent as we are already in negotiations with over 200 brands, including large international media groups, entertainment groups, agencies and sports properties.</p>
<p>Please feel free to email me, with any questions and / or comments.</p>
<p>Regards,</p>
<p>David</p>
<p><a href="mailto:int@agoracom.com" target="_blank">int@agoracom.com</a></p>
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