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    <title>Agoracom: Small Cap Investment - AGORACOM Small Cap Technology and Medical News Feed</title>
    <description>Press Releases from Agoracom Investor Relations</description>
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    <pubDate>04 Nov 2009 14:16:00 GMT</pubDate>
    <lastBuildDate>10 Nov 2009 14:22:05 GMT</lastBuildDate>
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      <title>Armada Reports Record October Results From CarCostCanada Division</title>
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        <![CDATA[<p>
<p><strong>October 2009 Highlights:</strong></p>
<p> <strong>- CarCostCanada.com new membership sales up 85% versus Oct/08</strong></p>
<p><strong> <span><strong>- Google AdWords and Toronto Star campaigns continue to drive success</strong></span></strong></p>
<p><strong> <span><strong>- Highest traffic, sales, revenues and profits of any October in division's history</strong></span></strong></p>
<p><strong> <span><strong>- Car companies recognizing quality of visitors and increase ad spend</strong></span></strong></p>
<p><span>MISSISSAUGA, ONTARIO-(Nov. 4, 2009) - <strong>Armada Data Corp. (TSX VENTURE:ARD)</strong> is pleased to announce the Company's flagship website CarCostCanada.com experienced the highest traffic, sales, revenue and profits of any October in the division's history.</span></p>

<p>An expanded Google AdWords campaign coupled with a more aggressive newspaper campaign in the Toronto Star continue to drive record traffic, sales and market share increases for CarCostCanada.com.</p>

<p>Armada has been steadily increasing the marketing of its new-car money-saving website, CarCostCanada.com, using Google and The Star throughout the year. The result has been an over 300% increase in traffic, accompanied by record results.</p>

<p>Despite the total new car market nationally in October recording only 121,500 sales (down 1.0%), traffic at CarCostCanada increased 304% to over 179,000 unique visitors in October versus 44,000 last year.</p>

<p>"We believe that CarCostCanada is now visited by more in-market new-car buyers than any other independent automotive website in Canada. National calendar year-to-date new car sales are down 13.2%, however CarCostCanada's membership sales are up over 46% and over the past three months sales are up over 84%." reports Mr. Paul Timoteo, President and CFO.</p>

<p>Major car companies including Toyota, General Motors, Ford, Chrysler, Subaru and Audi have recognized CarCostCanada's unique ability to attract a large number of serious in-market new car buyers. Advertisers can't afford to waste their marketing dollars anymore. At CarCostCanada they are able to target their marketing message at the exact moment that buyers are ready to make their buying decision.</p>

<p>October marks the second month of our second fiscal Quarter of 2009-2010 and the Company is looking forward to reporting full company results to its shareholders shortly.</p>

<p><strong>About Armada Data Corp.</strong></p>
<p>Armada Data Corp. is a profitable web-enabled Automobile Information Services Company providing accurate and real-time pricing data, to institutional and retail customers on a fee-for-service basis, through developing, owning and operating automotive related websites and providing information services to its clients.</p>

<p>Armada Data Corp shares are listed on the TSX Venture exchange under the trading Symbol ARD. Armada has 13,598,831 shares outstanding.</p>

<p>Investor Relations; please contact Mr. Richard Buzbuzian at Integrated Investor Relations Inc. Tel 647-501-3290 or email: <a href="mailto:RBuzbuzian@IntegratedIR.com" target="_blank">RBuzbuzian@IntegratedIR.com</a></p>

<p>Public Relations; please contact Mr. Nelson Hudes at Hudes Communications International Tel 905-660-9155 or email: <a href="mailto:Nelson@HudesCommunications.com" target="_blank">Nelson@HudesCommunications.com</a></p>

<p><em>Neither 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.</em></p>
<p><span><strong>CONTACT INFORMATION:</strong></span></p>
<p>Armada Data Corporation<br />Mr. Paul Timoteo<br />President &amp; CFO<br />1-866-453-6995 ext 224</p>

</p>]]>
      </description>
      <pubDate>04 Nov 2009 14:16:00 GMT</pubDate>
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    <item>
      <title>Armada Posts Record Q1 Results : Revenue up 58%. Net Income Up 244%...</title>
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        <![CDATA[<p><span>Armada Posts Record Q1 Results<br /><span><strong><span>Revenue up 58%. Net Income Up 244%. Dividend To Increase</span></strong></span></span></p>
<p>MISSISSAUGA, ONTARIO-(Oct. 30, 2009) - <strong>Armada Data Corporation (TSX VENTURE:ARD)</strong> is pleased to report that its interim financial results for the quarter ended August 31, 2009 have now been filed on Sedar and are available to view on the Company's website <a href="http://www.armadadata.com/" target="_blank">www.ArmadaData.com</a> as well as on Sedar at <a href="http://www.sedar.com/" target="_blank">www.Sedar.com</a></p>
<p><br /><strong><span> Highlights For The Quarter Compared To The Same Quarter Last Year</span></strong></p>
<p><span><span>&middot;  </span></span>Net income increased to $156,298 from $45,381; an increase of 244% or 1.2 cents per share<br /><br /><span><span>&middot;  </span></span>Revenue increased to $746,695 from $471,992 last year; an increase of 58%</p>
<p><span><span>&middot;  </span></span>Operating income (before amortization and stock-based compensation) increased to $179,873 from $56,294 last year; an increase of 220% or 1.3 cents per share</p>
<p><span><span>&middot;  </span></span>Dealer Services revenue increased 112%</p>
<p><span><span>&middot;  </span></span>Insurance Services revenue increased 72%</p>
<p><span><span>&middot;  </span></span>Retail Services revenue increased 44%</p>
<p><span><span>&middot;  </span></span>Advertising/Marketing Services revenue increased 23%</p>
<p><span><span>&middot;  </span></span>Company plans to increase yearly dividend. Amount to be determined at year end.</p>
<p>Record profits of 1.2 cents per share for the quarter ended August 31, 2009 were achieved as the Company reported its highest revenue and net income in the Company's history.</p>
<p>Overall revenue grew to $746,695; an increase of 58% from $471,992 a year earlier. Net income increased to $156,298 or 1.2 cents per share from $45,381 a year earlier; an increase of 244%.</p>
<p>Operating income (before amortization and stock-based compensation) increased to $179,873 or 1.3 cents per share from $56,294 a year earlier; an increase of 220%.</p>
<p>Four of the Company's five divisions experienced significant growth.</p>
<p>Dealer Services and Retail Services grew 112% and 44% respectively, primarily as a result of increased site traffic derived from a very successful advertising and marketing campaign using Google AdWords and other media advertising. Armada will be continuing its advertising efforts with Google and other mediums in an effort to further increase its market share. Current market share at quarter end was approximately 3.5% of retail new car buyers in Canada. Armada looks to increase its market share to 10%.</p>
<p>Insurance Services revenue increased 72% primarily as a result of market acceptance of Armada's new "ACV" Actual Cash Value insurance services product which is a complementary additional product developed by Armada targeting its existing customers.</p>
<p>In 2003 Armada set a new industry standard in claims settlement with its 43r.ca insurance services outsourcing product, which on average saved insurance Companies $1000 per claim on total loss incidents when a vehicle was 3 years old or newer. Armada has been developing a new ACV insurance service product to participate in the claims settlement business with cars that experience a total loss that are now 3 years or older; a market space Armada estimates to be 10X larger than the market space of its 43r.ca product.</p>
<p>Armada is currently servicing 26 Canadian insurance companies with its 43r.ca insurance product including 8 of the top 10 insurance companies. In early 2009, Armada began offering its new ACV product to its existing insurance customers and is experiencing positive market acceptance after 18+ months in development and 6+ months of product testing.</p>
<p>Armada looks to report further progress regarding market penetration of its new ACV product in the coming months.</p>
<p>Advertising/Marketing Services revenue also increased 23% as a result of increased site traffic derived from the success of Armada's advertising and marketing campaign, again attributed to both the Google AdWords advertising campaign and other media advertising. In this area, Armada looks to further increase its market share.</p>
<p>Subsequent to the first quarter, the Company declared a dividend in the amount of $0.005 per common share to all shareholders of record as at September 1, 2009. Based upon the results of the first quarter, it is the Company's intention to increase its yearly dividend. Amount to be determined at year end.</p>
<p>"After 10 years of operations, I am pleased to report a very successful first quarter. All of our major business divisions posted impressive gains. Our online advertising campaign delivered the best results in Armada's history and our new ACV insurance services product is gaining acceptance with our existing insurance customers which is in a very large market space for us; 10 times larger than our current service was targeting. We believe after 10 years we now are now beginning to see the success that our business holds. For that I thank my entire team and look forward to reporting continued success to our shareholders in the coming quarters," commented Paul Timoteo, President and CFO.</p>
<p>Paul Timoteo, President of Armada Data Corp. will record a "Beyond The Press Release" on the Company's official Investor Relations Site at <a href="http://agoracom.com/ir/ArmadaData," target="_blank"></a><a href="http://agoracom.com/ir/ArmadaData," target="_blank" /><a href="http://agoracom.com/ir/ArmadaData," target="_blank"><a href="http://agoracom.com/ir/ArmadaData," target="_blank">http://agoracom.com/ir/ArmadaData,</a></a></a> in which the above developments will be discussed in detail. The recording is expected to be available on or after November 2, 2009.</p>
<p><strong><span>Outlook and Investor Highlights <br /> <br /> </span></strong></p>
<p>Armada Data continues to work to attain a number of important fiscal and operational achievements, which include:</p>
<p><span><span>&middot;  </span></span>Retail Services continues to grow despite perceived negativity in overall market conditions</p>
<p><span><span>&middot;  </span></span>Dealer Services continues to outpace all divisions in growth</p>
<p><span><span>&middot;  </span></span>Insurance Services is entering its busiest time of the year</p>
<p><span><span>&middot;  </span></span>ACV Service provides opportunity for significant revenue generation</p>
<p><span><span>&middot;  </span></span>Company remains 100% debt free and is in the best cash position in its history</p>
<p><span><span>&middot;  </span></span>Management is focused on National sales growth, expense management and increasing profitability</p>
<p><span><span>&middot;  </span></span>An independent audit committee and mandate remains in full force to ensure quality of corporate governance to provide shareholders the confidence they deserve</p>
<p>Management believes that Armada Data Corporation, with its financial resources, is poised for significant growth as it grows its niche markets in all aspects of its Internet and traditionally based businesses.</p>
<p>It is expected that Management can meet these objectives regardless of economic conditions. Although a robust economy can lead to a greater number of cars sold and thus a potentially larger market opportunity for all of Armada's divisions, a down economy has proven to have an equally positive impact as both individuals and insurance companies become more cost conscious.</p>
<p><strong>About Armada Data Corp.<br /> </strong></p>
<p>Armada Data Corp. is a profitable web-enabled Automobile Information Services Company providing accurate and real-time pricing data, to institutional and retail customers on a fee-for-service basis, through developing, owning and operating automotive related websites and providing information services to its clients.</p>
<p>Armada Data Corp shares are listed on the TSX Venture exchange under the trading Symbol ARD. Armada has 13,598,831 shares outstanding.</p>
<p>Additional information relating to Armada Data Corporation is filed on SEDAR, and can be viewed at <a href="http://www.sedar.com/" target="_blank">www.sedar.com</a></p>
<p><em>This news release contains forward-looking information within the meaning of Canadian securities laws, including statements relating to revenue, earnings, customer demand, penetration and increases to market share and anticipated growth. Forward-looking statements are based on estimates and assumptions made by Armada in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors Armada believes are appropriate. Many factors could cause the actual results of Armada to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, reduced spending by customers and risks relating to general economic conditions. Readers should not place undue reliance on Armada's forward-looking statements. Armada undertakes no obligation to update or revise any forward-looking information, except as required by law.<br /> <br /> </em></p>
<p><em>Neither 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.</em></p>
<p><strong>For more information, please contact</strong></p>
<p>Armada Data Corporation<br />Mr. Paul Timoteo<br />President &amp; CFO<br />1-866-453-6995 ext 224<br /><a href="mailto:PT@ArmadaData.com" target="_blank">PT@ArmadaData.com</a><br /><br />Or</p>
<p>Investor Relations<br />Integrated Investor Relations Inc.<br />Mr. Richard Buzbuzian<br />647-501-3290<br /><a href="mailto:rbuzbuzian@integratedir.com" target="_blank">rbuzbuzian@integratedir.com</a></p>
<p>or</p>
<p>Public Relations<br />Hudes Communications International<br />Mr. Nelson Hudes<br />905-660-9155<br /><a href="mailto:Nelson@HudesCommunications.com" target="_blank">Nelson@HudesCommunications.com</a></p>]]>
      </description>
      <pubDate>30 Oct 2009 13:14:00 GMT</pubDate>
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      <title>Armada Data Joins the "AGORACOM 100" &amp; Launches Online IR &amp; Marketing Program</title>
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      <description>
        <![CDATA[<p>MISSISSAUGA, ONTARIO-(Oct. 28, 2009) - <strong>Armada Data Corp. (TSX VENTURE:ARD) </strong>(the "Company") is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (<a href="http://Agoracom.com)" target="_blank"></a><a href="http://Agoracom.com)" target="_blank"></a><a href="http://Agoracom.com)" target="_blank" /><a href="http://Agoracom.com)" target="_blank"><a href="http://Agoracom.com)" target="_blank">http://Agoracom.com)</a></a></a> to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world's biggest websites for the purpose of attracting new shareholders.</p>

<p>Armada has retained Agoracom as a further complement to its existing investor relation initiatives currently led by Integrated Investor Relations Inc. of Toronto  Ontario.</p>

<p><strong>ONLINE INVESTOR RELATIONS MAXIMIZES SPEED, TRANSPARENCY AND ACCESS TO COMPANY</strong></p>

<p>In response to overwhelming data representing the online research and communications habits of small-cap investors, Armada Data Inc. has turned the primary focus of its investor relations to the web via the AGORACOM system to facilitate faster, better and more accessible communications with both current and prospective shareholders around the world.</p>

<p>Effective immediately, a customized and monitored Armada Data IR HUB will be available on AGORACOM at (<a href="http://Agoracom.com/ir/ArmadaData)." target="_blank"></a><a href="http://Agoracom.com/ir/ArmadaData)." target="_blank"></a><a href="http://Agoracom.com/ir/ArmadaData)." target="_blank" /><a href="http://Agoracom.com/ir/ArmadaData)." target="_blank"><a href="http://Agoracom.com/ir/ArmadaData)." target="_blank">http://Agoracom.com/ir/ArmadaData).</a></a></a> The IR HUB will allow Armada Data to communicate with all investors simultaneously, anytime and in near real-time. This HUB will provide Armada Data management with the ability to extend communications beyond text via audio messages, video presentations, webcasts and podcasts. In addition to traditional e-mail, investors will also have the ability to receive all communications via RSS feed.</p>

<p><strong>THE "AGORACOM 100"</strong></p>

<p>On January 19th, AGORACOM launched a Canadian TV, web and search engine marketing campaign to drive small-cap investors to the "AGORACOM 100", an elite and exclusive group of great Canadian small-cap companies in which Armada Data will be included. This marketing campaign will target main stream media including daily spots on BNN, CNBC TV, Bloomberg TV, Globe &amp; Mail's GlobeInvestor.com, Google, Yahoo!, MSN, AOL, Facebook, AGORACOM and an array of other Tier 1 properties.</p>

<p>"We are experiencing a very significant increase in visitors to our flagship website CarCostCanada.com where traffic has increased upwards of 300% and sales have been the strongest in the Company's history. We have also just begun to experience market acceptance of our new ACV -'Actual Cash Value' insurance product which is in a very large market space," commented Paul Timoteo, President &amp; CFO. "As a complement to our existing investor relations initiatives, we look forward to working with Agoracom where two web based businesses will be collaborating on some very effective marketing in the coming weeks and months ahead."</p>

<p><strong>ABOUT ARMADA DATA CORP.</strong></p>

<p>Armada Data Corp. is a profitable web-enabled Automobile Information Services Company providing accurate and real-time pricing data, to institutional and retail customers on a fee-for-service basis, through developing, owning and operating automotive related websites and providing information services to its clients.</p>

<p>Armada Data Corp. shares are listed on the TSX Venture exchange under the trading Symbol ARD. Armada has 13,598,831 shares outstanding.</p>

<p><strong>LAUNCH OF ARMADA DATA COMMUNITY</strong></p>

<p>The Armada Data IR HUB propels the Company into the forefront of Web 2.0 community-building by providing investors with two very important functions. First, a monitored discussion forum for the purposes of constructive and high-quality discussion amongst investors that is free of spam, profanity and misinformation. Second, a social network that provides investors with the ability to create extensive profiles that include photos, bios, video messages to fellow investors, a rating system and other important items to create a closer bond between our shareholders.</p>

<p><strong>TIER-1 EXPOSURE AND AWARENESS</strong></p>

<p>As an exclusive provider of "Small-Cap Centres - Powered by AGORACOM" to Globe Investor, Yahoo Finance Canada, AOL Finance Canada and every Blackberry device on the planet, AGORACOM will provide Tier-1 financial coverage of all newsworthy Armada Data press releases for the purposes of attracting new and prospective shareholders.</p>

<p>For all future Armada Data investor relations needs, investors are asked to visit our IR Hub at <a href="http://agoracom.com/ir/ArmadaData" target="_blank"></a><a href="http://agoracom.com/ir/ArmadaData" target="_blank"></a><a href="http://agoracom.com/ir/ArmadaData" target="_blank"></a><a href="http://agoracom.com/ir/ArmadaData" target="_blank" /><a href="http://agoracom.com/ir/ArmadaData" target="_blank"><a href="http://agoracom.com/ir/ArmadaData" target="_blank">http://agoracom.com/ir/ArmadaData</a></a></a> where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors.</p>

<p>The terms of the agreement are as follows: Duration - 12 months. Monthly Cash Compensation - $3,000 plus GST. Stock Options - Private options to acquire 204,000 shares exercisable at $0.65 CDN per share from the three Principals of the Company. This agreement has been negotiated entirely at arm's length. AGORACOM is located in Toronto, Ontario.</p>

<p><strong>About AGORACOM</strong></p>

<p>AGORACOM Investor Relations (<a href="http://www.AgoracomIR.com)" target="_blank"></a><a href="http://www.AgoracomIR.com)" target="_blank"></a><a href="http://www.AgoracomIR.com)" target="_blank" /><a href="http://www.AgoracomIR.com)" target="_blank"><a href="http://www.AgoracomIR.com)" target="_blank">http://www.AgoracomIR.com)</a></a></a> is North  America's largest online investor relations firm for small-cap companies. We have partnered with the world's biggest internet companies, including Yahoo, Globe Investor, AOL, Google and Blackberry to market our clients to a massive audience of new small-cap investors. We have served over 300 companies since 1997.</p>

<p>AGORACOM Investor Relations has displaced the telephone and e-mail as primary IR communications devices. Our IR HUB delivers two-way investor relations in near real-time that is 24/7/365 accessible to shareholders around the world and goes far beyond text by offering both audio and video communications.</p>

<p>AGORACOM (<a href="http://www.agoracom.com/" target="_blank"></a><a href="http://www.Agoracom.com" target="_blank"></a><a href="http://www.Agoracom.com" target="_blank"></a><a href="http://www.Agoracom.com" target="_blank" /><a href="http://www.Agoracom.com" target="_blank"><a href="http://www.Agoracom.com" target="_blank">http://www.Agoracom.com</a></a></a>) is North America's only small-cap community built to serve the needs of serious small-cap and micro-cap investors. No rumours, profanity, stock bashing or hyping. Our traffic ranking is above the top 0.5% of all websites around the world.</p>

<p><em>The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.<br /> <br /> </em></p>
<p><em>Neither 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.</em></p>
<p><strong>For more information, please contact</strong></p>
<p>Armada Data Corporation<br />Mr. Paul Timoteo<br />President &amp; CFO<br />1-866-453-6995 ext 224<br /><a href="mailto:PT@ArmadaData.com" target="_blank">PT@ArmadaData.com</a></p>

<p>or</p>

<p>Integrated Investor Relations Inc.<br />Mr. Richard Buzbuzian<br />Investor Relations<br />647-501-3290<br /><a href="mailto:RBuzbuzian@IntegratedIR.com" target="_blank">RBuzbuzian@IntegratedIR.com</a></p>

<p>or</p>

<p>AGORACOM Investor Relations<br />Investor Relations Online<br /><a href="mailto:ARD@Agoracom.com" target="_blank">ARD@Agoracom.com</a><br /><a href="http://agoracom.com/ir/ArmadaData" target="_blank"></a><a href="http://Agoracom.com/ir/ArmadaData" target="_blank"></a><a href="http://Agoracom.com/ir/ArmadaData" target="_blank"></a><a href="http://Agoracom.com/ir/ArmadaData" target="_blank" /><a href="http://Agoracom.com/ir/ArmadaData" target="_blank"><a href="http://Agoracom.com/ir/ArmadaData" target="_blank">http://Agoracom.com/ir/ArmadaData</a></a></a></p>

<p><br />or</p>

<p>Hudes Communications International<br />Mr. Nelson Hudes<br />Public Relations<br />905-660-9155<br /><span><a href="mailto:Nelson@HudesCommunications.com" target="_blank">Nelson@HudesCommunications.com</a></span></p>]]>
      </description>
      <pubDate>28 Oct 2009 13:50:00 GMT</pubDate>
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      <title>Star Navigation Systems Corporate Progress Report</title>
      <logo>http://s3.amazonaws.com/s3.agoracom.com/public/companies/small_logos/563454/thumb/snabc2.gif</logo>
      <link>http://feedproxy.google.com/~r/agoracom-tm-feed/~3/1RGHa5c7BFU/1244217</link>
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        <![CDATA[<p>TORONTO, Oct. 20 - <strong>Star Navigation Systems Group Ltd. (TSX-V: SNA)</strong> ("Star" or the "Company") is pleased to provide an update on current corporate initiatives.</p>

<p><strong>China:</strong></p>

<p>An Engineering team from Star, lead by Chief Technology Officer, Dale F. Sparks, has just returned from China where he continued detailed discussions initiated on previous visits. Part of these discussions concerned Star's Second Generation Star Server Unit ("SSU"), currently under development by Star and Luxell Technologies Inc. (see Press Release May 14, 2009). The SSU is the heart of the In Flight Safety Monitoring System ("ISMS(TM)") and will offer greater functionality and performance, improved integration, reduced weight and lower cost. It also features significant growth potential to accommodate new applications.</p>

<p><strong>Major Manufacturers:</strong></p>

<p>In light of the recent aviation events, Star has been approached by major manufacturers in North America and Europe with respect to the capabilities of Star's ISMS(TM). Management believes that the solutions offered by Stars' patented ISMS(TM) technology position Star well to move forward in working jointly with industry leaders to provide real time monitoring. The ISMS(TM) continuously monitors selected avionics systems on the aircraft as it flies, instantly analyzing the data, transmitting the information and data alerts via satellite to the airline. The system provides an operator's ground personnel with the ability to monitor trends, predict possible failures, schedule repairs and assists the flight crew in taking preventive action as may be required. It acts as an early warning system, detecting the early signs of potential problems. Importantly, it performs these functions in "real-time" providing essential safety monitoring to the benefit of passengers, aircraft personnel and ground crew. ISMS(TM) can transmit up to 18000 parameters per minute, the system being limited only by bandwidth availability. Star's current solution, coupled with end of flight reports, assists in fuel management and savings, live flight data analysis (Live-FDA(TM)) proactive management and improved reporting of the initiatives such as FOQA &amp; MOQA (Flight and Maintenance Operations Quality Assurance), that are required by various Civil Aviation Authorities and agencies.</p>

<p><strong>Near Future:</strong></p>

<p>Negotiations regarding the sale of Star's ISMS(TM) system continue with Pakistan International Airlines, as well as operators in India, Canada, the Middle East and other regions.</p>

<p>Star continues to remain vigilant with respect to any infringement of its patented technology.</p>

<p>For all Star Navigation Systems investor relations needs, investors are asked to visit the Star Navigation IR Hub at <a href="http://agoracom.com/ir/starnavigation" target="_blank"></a><a href="http://agoracom.com/ir/starnavigation" target="_blank"></a><a href="http://agoracom.com/ir/starnavigation" target="_blank"></a><a href="http://agoracom.com/ir/starnavigation" target="_blank" /><a href="http://agoracom.com/ir/starnavigation" target="_blank"><a href="http://agoracom.com/ir/starnavigation" target="_blank">http://agoracom.com/ir/starnavigation</a></a></a> where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors can email all questions and correspondence to <a href="mailto:SNA@agoracom.com" target="_blank">SNA@agoracom.com</a>, where they can also ask to be added to the investor email list to receive all future press releases and updates in real time.</p>

<p>Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words "may", "would", "could", "will" and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could</p>
<p>cause Star's actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements.</p>

<p>Neither 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 the content of this release.</p>

<p><strong>For further information: </strong></p>

<p>Investors may also e-mail questions and correspondence to Viraf Kapadia, CEO, (416) 252-2889 or <a href="mailto:viraf.kapadia@star-navigation.com" target="_blank">viraf.kapadia@star-navigation.com</a> or see <a href="http://www.star-navigation.com/" target="_blank">www.star-navigation.com</a></p>]]>
      </description>
      <pubDate>20 Oct 2009 13:00:00 GMT</pubDate>
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      <title>BioCurex Presents Positive Results At International Oncology and Biomarkers Cong</title>
      <logo>http://s3.amazonaws.com/s3.agoracom.com/public/companies/small_logos/563547/thumb/bocxbc.gif</logo>
      <link>http://feedproxy.google.com/~r/agoracom-tm-feed/~3/K90CO-un1LU/1226728</link>
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        <![CDATA[<p><strong>BioCurex Presents Positive Results At International Oncology and Biomarkers Congress With Its RECAF(TM) Cancer Marker</strong></p>
<p>RICHMOND, British Columbia, Sept. 29, 2009 -- <strong>Whispering Oaks International, Inc., d/b/a Biocurex (OTCBB:BOCX)</strong>, announced today that it is making two presentations at the annual meeting of the International Society of Oncology and Biomarkers (ISOBM) being held this week in Amsterdam, The Netherlands. BioCurex's presentations address its RECAF cancer market test in combination with other currently used cancer markers: CA-125 for ovarian cancer and CEA for colorectal cancer.</p>

<p>The company's data show that combining RECAF with CA-125 detected 83% of ovarian cancers and combining RECAF with CEA detected 92% of colorectal cancers, with no false positives in either study. False positives are the most common reasons that most cancer marker tests are not useful for general screening. By combing the results of RECAF with these other cancer markers, the false positive rate was completely eliminated.</p>

<p>In addition, when the method was applied to very early stages of ovarian cancer, where a very high percentage of patients can be treated effectively, the combination test was still able to detect 75% of the cancer cases.</p>

<p>Dr. Moro, the Company's Chief Executive Officer, stated: "This is an important step ahead because CA-125 and CEA have been around for decades and combining them with RECAF provides a solution to the main problem with screenings: namely eliminating false positives while still detecting cancer cases at a high rate."</p>

<p>For more information on cancer markers, visit:</p>

<p><a href="http://www.cancer.gov/cancertopics/factsheet/Detection/tumor-markers" target="_blank"></a><a href="http://www.cancer.gov/cancertopics/factsheet/Detection/tumor-markers" target="_blank"></a><a href="http://www.cancer.gov/cancertopics/factsheet/Detection/tumor-markers" target="_blank" /><a href="http://www.cancer.gov/cancertopics/factsheet/Detection/tumor-markers" target="_blank"><a href="http://www.cancer.gov/cancertopics/factsheet/Detection/tumor-markers" target="_blank">http://www.cancer.gov/cancertopics/factsheet/Detection/tumor-markers</a></a></a></p>

<p><a href="http://www.cancer.net/portal/site/patient/menuitem.169f5d85214941ccfd748f68ee37a01d/?vgnextoid=5662e195df06e010VgnVCM100000ed730ad1RCRD" target="_blank"></a><a href="http://www.cancer.net/portal/site/patient/menuitem.169f5d85214941ccfd748f68ee37a01d/?vgnextoid=5662e195df06e010VgnVCM100000ed730ad1RCRD" target="_blank"></a><a href="http://www.cancer.net/portal/site/patient/menuitem.169f5d85214941ccfd748f68ee37a01d/?vgnextoid=5662e195df06e010VgnVCM100000ed730ad1RCRD" target="_blank" /><a href="http://www.cancer.net/portal/site/patient/menuitem.169f5d85214941ccfd748f68ee37a01d/?vgnextoid=5662e195df06e010VgnVCM100000ed730ad1RCRD" target="_blank"><a href="http://www.cancer.net/portal/site/patient/menuitem.169f5d85214941ccfd748f68ee37a01d/?vgnextoid=5662e195df06e010VgnVCM100000ed730ad1RCRD" target="_blank">http://www.cancer.net/portal/site/patient/menuitem.169f5d85214941ccfd748f68ee37a01d/?vgnextoid=5662e195df06e010VgnVCM100000ed730ad1RCRD</a></a></a></p>

<p>For information about the ISOBM visit <a href="http://www.isobm.org/" target="_blank">www.isobm.org</a></p>

<p><strong>About BioCurex</strong></p>

<p>BioCurex is a development stage diagnostics company focusing on development and commercialization of products for the early detection, diagnosis, and monitoring of recurrence of cancer. BioCurex has developed a blood test that can detect the presence of cancer in humans and companion animals using a new cancer marker named RECAF. To read more about the Company, please visit the News section in our web site (<a href="http://www.biocurex.com/" target="_blank">www.biocurex.com</a>).</p>
<p><strong><em> </em></strong></p>
<p><strong><em>Forward Looking Statement Disclaimer</em></strong></p>

<p><em>This release contains a number of forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expresses or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.</em></p>
<p><em> </em></p>
<p><em>The Company has not authorized the release of this information in any form that contravenes the Communication Act and will not be responsible for unsolicited massive distribution of this material by e-mail or facsimile by unauthorized parties.</em></p>
<p><em> </em></p>
<p><strong>CONTACT: <br /><span>Biocurex<br />Ricardo Moro<br />(604) 207-9150<br /><a href="http://www.biocurex.com/" target="_blank">www.biocurex.com</a></span></strong></p>]]>
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      <pubDate>29 Sep 2009 13:39:00 GMT</pubDate>
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      <title>Intertainment's Itibiti Systems to Expand U.S Operations</title>
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      <link>http://feedproxy.google.com/~r/agoracom-tm-feed/~3/1rOkdUy_UvI/1213057</link>
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        <![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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      <pubDate>10 Sep 2009 13:15:00 GMT</pubDate>
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      <title>Intertainment Subsidiary to Purchase Assets of Dye &amp; Durham</title>
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        <![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><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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      <pubDate>05 Aug 2009 13:19:00 GMT</pubDate>
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      <title>AlphaRx Presents Positive Preclinical Data on Zysolin(TM) Inhalable Nanoparticle</title>
      <logo>http://s3.amazonaws.com/s3.agoracom.com/public/companies/small_logos/47/thumb/alrxbc.gif</logo>
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        <![CDATA[<p><strong><span>AlphaRx Presents Positive Preclinical Data on Zysolin(TM) Inhalable Nanoparticles at Controlled Release Society Annual Meeting</span></strong></p>
<p><strong>MARKHAM, ON, July 23 - AlphaRx, Inc.</strong> (OTCBB: ALRX) announced positive preclinical results which demonstrated that an inhaled tobramycin nanoparticle (Zysolin(TM)) formulation was a more effective treatment in animal models of acute Pseudomonas aeruginosa pneumonia when compared to inhaled and injected conventional tobramycin solutions. The data was presented recently in an oral podium session at the 36th Annual Meeting and Exposition of the Controlled Release Society inCopenhagen, Denmark.</p>
<p>"These are very encouraging results, as they suggest that Zysolin(TM) employed in this route of administration may be more effective, providing significant advantages over conventional drug formulations," statedJoseph Schwarz , Ph.D., Chief Scientist of AlphaRx. "We believe that building on this data, additional research will lead us toward the development of a drug that targets and eradicates intracellular pathogens, which to date, have proven to be very difficult to treat clinically."</p>
<p>The study results demonstrate that Zysolin(TM) is significantly efficacious in acute pneumonia animal models induced by gram negative pathogens including P. aeruginosa. In these lethality-based studies, Zysolin(TM) consistently increased survival rate to 50% over a Tobramycin treatment group, wherein all untreated animals died within 24 hours after infection. P. aeruginosa is one of the most common and lethal pathogens responsible for ventilator-associated pneumonia in intubated patients, being directly responsible for death rates approaching 40%. This data suggests that the nanoparticulate formulation of Zysolin(TM) may utilize a unique mechanism of action differentiating it from conventional formulations, enhancing antimicrobial activity against gram negative pathogens. Zysolin(TM) has the potential to be a first-in-class anti-infective nanomedicine.</p>
<p>The Controlled Release Society (CRS) is an international organization consisting of 3,000 members from more than fifty countries. Two-thirds of CRS membership are from the pharmaceutical industry and one-third consist of academic and government members. The CRS is the premier multidisciplinary society dedicated to the promotion of the science, technology, and innovative delivery of bio-actives for the benefit of the society.</p>
<p><strong> </strong></p>
<p><strong>About Zysolin(TM)</strong></p>
<p>Zysolin(TM) is a Tobramycin compound, encapsulated in AlphaRx's Nano Drug Delivery Platform, intended for the adjunctive treatment of Gram-negative pneumonia in intubated and mechanically-ventilated patients. Zysolin(TM) improves the intracellular activity of Tobramycin - in layman's term, increasing the drug concentration of Tobramycin inside human macrophages, thus improving its antibacterial activity against intracellular Klebsiella, Pseudomondas aeruginosa and Staphylococcus bacterial strains in pneumonia patients. The active ingredient in Zysolin(TM), Tobramycin, has a long-standing and proven clinical treatment record. Delivered by inhalation, using proprietary nanotechnology developed by AlphaRx, the company believes Zysolin(TM) will have an attractive safety, tolerability and efficacy profile when compared to injectible Tobramycin.</p>
<p><strong>About AlphaRx Inc.</strong></p>
<p>AlphaRx is a specialty pharmaceutical company dedicated to developing proven therapies by reformulating FDA approved and marketed drugs which through the application of its proprietary site-specific nano drug delivery technology, offers improved medical benefits and a potential for significant commercial product development.</p>
<p><strong><em>Forward Looking Statements:</em></strong></p>
<p><em>This release contains forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 and involve risks and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product development and acceptance, manufacturing, competition, regulatory and/or other factors, which are outside the control of the companies.</em></p>
<p>SOURCE AlphaRx Inc.</p>
<p>For further information: AGORACOM Investor Relations Corp., <a href="mailto:ALRX@Agoracom.com" target="_blank">ALRX@Agoracom.com</a>, <a href="http://www.agoracom.com/" target="_blank"></a><a href="http://www.agoracom.com" target="_blank"></a><a href="http://www.agoracom.com" target="_blank"></a><a href="http://www.agoracom.com" target="_blank"></a><a href="http://www.agoracom.com" target="_blank"></a><a href="http://www.agoracom.com" target="_blank"></a><a href="http://www.agoracom.com" target="_blank"></a><a href="http://www.agoracom.com" target="_blank"><a href="http://www.agoracom.com" target="_blank">http://www.agoracom.com</a></a></p>]]>
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      <pubDate>23 Jul 2009 12:00:00 GMT</pubDate>
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      <title>AlphaRx Unveils its China Strategy</title>
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      <link>http://feedproxy.google.com/~r/agoracom-tm-feed/~3/l20O87-TrLU/1180843</link>
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        <![CDATA[<p><span>AlphaRx plans to open an R&amp;D facility and manufacturing plant in China w</span><span>ith local partners, to introduce innovative drug products to the fastest </span><span>growing pharmaceutical market in the world.</span></p>

<p><span>MARKHAM, ON, July 21 - AlphaRx (OTC BB:ALRX), an emerging biopharmaceutical company, utilizing proprietary drug delivery technology to develop novel formulations of drugs, is forging ahead with its growth strategy for Greater China. As part of this strategy, AlphaRx is poised to open a 'state of the art' R D and pilot plant facility in China with local partners. The R D facility will focus on the development of innovative drug products targeting infectious disease and various forms of cancer. Additionally, the Company, together with its local partners, plans to develop adjuvant vaccines to treat influenza, such as H5N1 and H1N1 strains.</span></p>
<p><span>AlphaRx currently has a topical NSAID awaiting near-term registration in China and is developing a second product - GAI-122 - an injectable nanoemulsion, in collaboration with Gaia BioPharma for the treatment of acute hepatitis, a therapy with a multi-million dollar potential indication in China.</span></p>
<p><span>The Chinese government has been a strong supporter of the life sciences industry. It plans to further increase its investment in the sector through a variety of grants and awards in some of its leading science and technology parks and through the National Program 863, originally established in March 1983 by Deng Xiaoping to award grants to science and technology projects that have significant commercial value. Most notably, in November 2008, China launched the Mega New Drug Development Program, a plan to invest $10 billion over the next 13 years, with the aim of creating a China-based innovative drug development industry.</span></p>
<p><span>About AlphaRx Inc.</span></p>
<p><span>AlphaRx is a specialty pharmaceutical company dedicated to developing proven therapies by reformulating FDA approved and marketed drugs which through the application of its proprietary site-specific nano drug delivery technology, offers improved medical benefits and a potential for significant commercial product development.</span></p>
<p><span>Forward Looking Statements:</span></p>
<p><span>This release contains forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 and involve risks and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product development and acceptance, manufacturing, competition, regulatory and/or other factors, which are outside the control of the companies.</span></p>]]>
      </description>
      <pubDate>21 Jul 2009 12:55:00 GMT</pubDate>
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      <title>Intertainment and Omnicom Subsidiaries Complete Agreement</title>
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        <![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>]]>
      </description>
      <pubDate>20 Jul 2009 13:18:00 GMT</pubDate>
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      <title>Intertainment’s Graphics Division To Acquire Leading Industry Firm</title>
      <logo>http://s3.amazonaws.com/s3.agoracom.com/public/companies/small_logos/109/thumb/intbc.gif</logo>
      <link>http://feedproxy.google.com/~r/agoracom-tm-feed/~3/1zmAUahMdSQ/1176366</link>
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        <![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><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>]]>
      </description>
      <pubDate>15 Jul 2009 13:14:00 GMT</pubDate>
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      <title>Intertainment’s Itibiti Systems Closes Financing</title>
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        <![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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      <pubDate>13 Jul 2009 13:31:00 GMT</pubDate>
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      <title>AlphaRx Reports Positive Preclinical Data on GAI-122 Against Liver Disease</title>
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      <link>http://feedproxy.google.com/~r/agoracom-tm-feed/~3/nVDzVdyhcss/1172129</link>
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        <![CDATA[<p><strong><em>GAI-122, an investigational injectable nano-emulsion formulated with AlphaRx's proprietary drug delivery technology, provides significant hepatoprotection in multiple animal models of acute hepatitis suggesting that GAI-122 may reduce necro-inflammation and may halt disease progression to fibrosis or cirrhosis.</em></strong></p>
<p><strong>MARKHAM, ON, July 8 - AlphaRx Inc.</strong> (OTCBB: ALRX) today reported positive preclinical results on GAI-122 injectable nano-emulsion in multiple models of acute hepatitis, an inflammatory liver disease.</p>
<p>GAI-122 significantly reduced Aminotransferase (ALT), an enzyme released into the blood that indicates damage to the liver, following IP administration in three different preclinical models of acute liver injury. Very high levels of ALT are usually due to acute hepatitis or a viral infection.</p>
<p>In the a-Fas model of liver injury, GAI-122 markedly reduced ALT levels by 90% from baseline, where control ALT values were ~22,000 IU/L. Significant efficacy was also demonstrated in the rat TNFa/Gln model and in the Drug-induced liver injury (DILI) model.</p>
<p>"DILI accounts for more than 50% of acute liver failure and there are no satisfactory treatment options currently available. The excellent efficacy data demonstrated by these studies suggest that GAI-122 may represent a potential first line treatment option for patients with liver disease", stated Dr.Michael Weisspapir, MD, PhD, Chief Medical Scientist of AlphaRx.</p>
<p>In October 2008, AlphaRx licensed GAI-122 to Gaia BioPharma. Under the terms of the amended agreement, AlphaRx is eligible to receive milestone payments of up to$50 million for the successful development and commercialization of GAI-122, as well as royalties on worldwide sales. In addition, Gaia BioPharma has assumed all development costs.</p>
<p><strong>About AlphaRx Inc.</strong></p>
<p>AlphaRx is a specialty pharmaceutical company dedicated to developing proven therapies by reformulating FDA approved and marketed drugs which through the application of its proprietary site-specific nano drug delivery technology, offers improved medical benefits and a potential for significant commercial product development.</p>
<p><strong>About Gaia BioPharma</strong></p>
<p>Gaia BioPharma Limited, a privately held, early stage biopharmaceutical company focused on hospital-based injectable therapeutics. Gaia BioPharma seeks to address key unmet therapeutic needs by taking established compounds and changing their administration routes to create patent-protected, value-added products.</p>
<p><strong><em>FORWARD LOOKING STATEMENTS:</em></strong><em><br />This release contains forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 and involve risks and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product development and acceptance, manufacturing, competition, regulatory and/or other factors, which are outside the control of the Company.</em></p>]]>
      </description>
      <pubDate>08 Jul 2009 12:00:00 GMT</pubDate>
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      <title>Intertainment Media's Itibiti Presents "Be the Voice" Social Media Series</title>
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        <![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>]]>
      </description>
      <pubDate>06 Jul 2009 13:41:00 GMT</pubDate>
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      <title>Intertainment’s itiBiti To Offer Users Wicked Social Gaming</title>
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        <![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><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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      <pubDate>30 Jun 2009 13:07:00 GMT</pubDate>
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      <title>PTN Continues Growth Strategy, Acquires Leading California Agency</title>
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        <![CDATA[<p><span><strong>FRESNO, Calif., June 23, 2009 -- PTN, Inc. (OTC BB:PTVL.OB - News)</strong> is pleased to announce today that the company has entered into an agreement to acquire Cruise Adventures, which has operated its travel business for nearly 10 years, in the affluent River Park retail shopping area, and is among the leading travel agencies in the Central Valley of California. <br /><br />This acquisition is important as we continue to build our Retail Division. Cruise Adventures has operated successfully for 10 years under the ownership of Industry veteran Craig Mungary. Mr. Mungary will also take control of the Retail Sales Division of PTN, Inc, which now includes, Pro Travel Fresno, Cruise Adventures and Laser Travel of Melbourne Australia. <br /><br />``It is an exciting time for us, as we continue to develop our business plan for future growth. We were already having strong success after launching our Retail Division with the opening of Pro Travel Fresno, then after acquiring Laser Travel which has been in business for 20 years, it just made sense to actually focus, on the lucrative leisure travel space. With this new acquisition, we not only gain a very large footprint in the Central Valley of California, but we have also acquired a very talented leader, who is the perfect person to lead our Retail Division&rdquo;, stated Paul Henderson, CEO and President of PTN.<br /><br />The acquisition brings incremental value to the existing shareholders of PTN and will immediately increase our customer base. Integration of the business is expected to be completed in the next 3 months.</span></p>
<p><span><strong><br />About PTN<br /><br /></strong>PTN is an emerging growth, direct to consumer service business, operating as the umbrella company for several distinct travel-related sales divisions. <br />The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The OTC Bulletin Board has not reviewed this press release and neither approved nor disapproved the information contained in this press release.<br /><br />For more information, please review the company's filings with the Securities &amp; Exchange Commission (<a href="http://yahoo.brand.edgar-online.com/" target="_blank"></a><a href="http://yahoo.brand.edgar-online.com/" target="_blank"></a><a href="http://yahoo.brand.edgar-online.com/" target="_blank"><a href="http://yahoo.brand.edgar-online.com/" target="_blank">http://yahoo.brand.edgar-online.com/</a></a>... nyid%253d701031%2526amp%253bformtype... <br /><br /><em>``Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although PTN, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by PTN, Inc. or any other person that the objective and plans of PTN will be achieved.<br /></em><br />Contact:<br />For Pro Travel Network, Inc.:<br />AGORACOM Investor Relations<br /><a href="mailto:PTVL@agoracom.com" target="_blank">PTVL@agoracom.com</a><br /><a href="http://www.agoracom.com/IR/ProTravelnetwork" target="_blank">www.agoracom.com/IR/ProTravelnetwork</a></span></p>]]>
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      <pubDate>23 Jun 2009 14:03:00 GMT</pubDate>
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      <title>Intertainment’s Itibiti Systems Completes Acquisition</title>
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        <![CDATA[<p><span><strong><em>Next Generation Social Media Application, itiBiti, accelerates rollout plan</em></strong></span></p>


<p><strong><span>TORONTO, CANADA, June 23, 2009 - Intertainment Media Inc. (&ldquo;Intertainment&rdquo; or the &ldquo;Company&rdquo;) (TSXV:INT) </span></strong><span>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.The Company has provided $1.2 Million at closing with the balance to be paid over the next ten months.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><span><span>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><span><span>&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><span>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><span>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><span><span>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><strong><em><span>About Itibiti Systems Inc.</span></em></strong></p>
<p><span>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> 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><em></em></p>
<p><strong><em><span>About Intertainment</span></em></strong><em></em></p>
<p><span>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>www.eyerockdigital.com</span>), 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>www.itibitisystems.com</span>) 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"></a></span></p>

<p><strong><span>Investor Communications:</span></strong></p>
<p><span>Buchalter Consulting </span></p>
<p><span>1-866-631-6537 </span></p>
<p><span><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><strong><span>Online Investor Relations Hub:</span></strong></p>
<p><span>AGORACOM</span></p>
<p><span>INT@Agoracom.com </span></p>
<p><span><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><strong><span>Corporate Inquiries:</span></strong></p>
<p><span>David Lucatch, CEO</span></p>
<p><span>905-763-3510</span></p>]]>
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      <pubDate>23 Jun 2009 13:14:00 GMT</pubDate>
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      <title>BEYOND THE BLACK BOX – Live Flight Data Analysis</title>
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        <![CDATA[<p style=""><strong style=""><span style=""><span style="font-size: small;">TORONTO, June 18, 2009 - </span></span></strong><span style="">Star Navigation Systems Group Ltd. (TSX-V: SNA) ("Star" or the "Company"), a leading edge technology company focused on providing Aerospace Solutions to assist aviation operators worldwide discusses air safety.</span></p>
<p style=""><span style="">As reported in the Singapore Straits Times on 12 June 2009, Pierre J. Jeanniot reminded Agence France-Presse that technology has evolved and the current flight recorders, the so called &ldquo;Black Boxes&rdquo;, are obsolete.<span style="">  </span>Mr. Jeanniot, former President and CEO of Air Canada and former Director General and CEO of the International Air Transport Association (IATA), was one of the pioneers of the original flight data recorder, some forty years ago.</span></p>
<p style=""><span style="">Mr. Jeanniot pointed out that in the past there have unfortunately been several cases where even though the flight data recorders have been recovered, the &rdquo;Black Box&rdquo; had been so badly damaged that much of the data had been destroyed or very difficult to interpret.</span></p>
<p style=""><span style="">Mr. Jeanniot said that a cost-effective automatic system for real-time data transmission exists.<span style="">  </span>Today, it is possible not only to transmit data when specific malfunction occurs, but the system can also be programmed so that in the event of a serious malfunction, it will transmit all data and cockpit communication non-stop.<span style="">  </span>The substantial reduction in satellite communication costs makes such a system relatively inexpensive to operate.<span style="">  </span></span></p>
<p style=""><span style="">Star Navigation Systems Group Ltd. (TSX-V:<span style="">  </span>SNA) continues to refine its In-Flight Monitoring System (&ldquo;ISMS</span><span style="">&trade;</span><span style="">&rdquo; or &ldquo;Terrastar: RTM</span><span style="">&trade;</span><span style="">&rdquo; Real-time Monitoring) &ndash; as a successor to the traditional &ldquo;Black Box&rdquo;.</span></p>
<p style=""><span style="">Utilizing Star&rsquo;s patented technology, the ISMS<sup>TM</sup> system has been fully developed, extensively tested in normal commercial aviation settings, and is commercially available. Such a system allows operators to define the frequency of reports, while retaining the override ability to respond immediately to so-called &ldquo;Mayday&rdquo; situations.<span style="">  </span>The systems&rsquo; capability of sending immediate alerts in case of a significant divergence from acceptable system parameters allows for proactive action by Operations and Maintenance Centers.</span></p>
<p style=""><span style="">Additionally, the flight performance information captured and transmitted by ISMS<sup> TM</sup> can provide a dynamic view of the overall behavior of the aircraft at a given time during flight operations.</span></p>
<p style=""><span style="">For location information, the system uses on-board GPS equipment and standard aircraft systems to validate data integrity, and then transmit the information via satellite to the ground on a pre-determined or automatic emergency basis.</span></p>
<p style=""><span style="">(Please see Star&rsquo;s website <span style=""> </span><span style="text-decoration: underline;">www.star-navigation .com</span> for more information).</span><em style=""><span style=""></span></em></p>
<p style=""><span style=""> </span></p>
<p style="text-align: justify;"><span style=""> </span></p>
<p style=""><span style="">About Star Navigation: <br /><br />Star Navigation Systems Group Ltd. (www.star-navigation.com) owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, the first system in the world to feature in-flight data-analysis, monitoring and diagnostics with a real-time connection between aircraft and ground. Its real-time capability of tracking performance-trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.</span></p>
<p style=""><span style=""> </span></p>
<p style=""><span style="">Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words "may", "would", "could", "will" and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star's actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements.</span></p>
<p style=""><span style=""> </span></p>
<p style=""><em style=""><span style="">Neither 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 the content of this release.</span></em></p>
<p style=""><span style=""> </span></p>
<p style=""><span style=""> </span></p>
<p style=""><span style=""> </span></p>
<p style=""><span style="">For further information: <br /><br />Please call Viraf Kapadia, CEO, (416) 252-2889<br />viraf.kapadia@star-navigation.com</span></p>
<p style=""><span style=""> </span></p>
<p><span style="">AGORACOM</span><span style=""> Investor Relations<br />IR HUB </span><span style=""><a href="http://www.agoracom.com/ir/StarNavigation" target="_blank"><span style="color: #0000ff;">http://www.agoracom.com/ir/StarNavig... </span></a></span><span style=""><br />E</span><span style="">-mail all questions and correspondence </span><span style=""><a href="mailto:SNA@agoracom.com" target="_blank"><span style="color: #0000ff;">SNA@agoracom.com</span></a><br /><a href="http://www.agoracom.com/ir/StarNavigation" target="_blank"><span style="color: #0000ff;">http://www.agoracom.com/ir/StarNavig... </span></a></span></p>]]>
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      <pubDate>18 Jun 2009 12:27:00 GMT</pubDate>
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      <title>BioCurex Introduces Blood Test for Canine Cancer Detection</title>
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        <![CDATA[<p><strong><em>BioCurex Introduces OncoPet(tm), a RECAF(tm) Blood Test for Cancer Detection in Companion Animals</em></strong><br /><br /><strong><em>No Regulatory Approvals Required Prior to Commercialization </em></strong></p>
<p><strong><em><br /><br /></em>RICHMOND, British Columbia, June 17, 2009  -- BioCurex Inc. (OTCBB:BOCX)</strong> today announced that it has developed OncoPet(tm), a version of its RECAF(tm) blood test to be used for cancer detection in dogs.</p>
<p>The new test performance matches that of its human counterpart: In a study including 116 dogs with cancer and 150 control dogs, the test detected 85% of the animals with a variety of cancers at the standard 95% specificity level (i.e. 5% false positives).</p>
<p>Consultations with the pertinent Government agencies in the USA and Canada indicate that neither the "homebrew" tests for veterinary use, nor the production facilities require regulatory approval.</p>
<p>Given the absence of regulatory delays as well as the fact that the technology is ready for use, the Company expects to take OncoPet(tm) to market within the next few months and to that effect, it has already registered the <a href="http://www.oncopet.net" target="_blank">www.oncopet.net</a> domain.</p>
<p>Marketing research indicates that the fastest and most profitable approach to commercialization of this product is to offer the testing service directly to veterinarians, to be done in conjunction with routine blood work. In British Columbia over 120,000 blood tests are carried out on pets every year. In addition, BioCurex shall consider licensing these tests to large veterinary diagnostic companies on a non-exclusive basis. The use of RECAF for veterinary purposes is not included in the current licensing agreements with Abbott Laboratories and Inverness Medical Innovations.</p>
<p>There are approximately 75 million dogs in the United States - that is a dog for every 4 people - and on average their owners spend $219 per year on veterinary visits(1). Overall, 4 out of 1,000 dogs get cancer every year(2). "It is the number one cause of death among dogs and cats in the United States, Europe, and Japan," says Dr. Greg Ogilvie, a professor at Colorado State University and a world expert in veterinary oncology. More than 50% of all dogs ultimately die of cancer, and some breeds, like golden retrievers and boxers, have even higher cancer rates. In fact, pets are more likely to get cancer during their lifetimes than their owners(3).</p>
<p>Statistics reveal that almost all pet owners feel a strong human-animal bond. About 49.7% of survey respondents consider pets to be part of the family, and 48.2% consider pets to be companions4. Between 1996 and 2006 the number of dog-owning households that spent $1,000 or more per year on visits to the veterinarian quadrupled - from 2.2% to 8.4%4. During 2006, dogs averaged 1.5 visits to the veterinarian(4).</p>
<p>Dr. Moro stated: "OncoPet(tm) is our response to generate revenue as quickly as possible. It is now ready for use and it requires no approvals that would excessively delay its launching. Marketing in North America is straight forward and the veterinarians we consulted are enthusiastic about the potential the test has to offer. Other markets such as Europe and Japan may be accessed via licensing or distribution agreements. OncoPet(tm) is now ready for use with dogs, but we anticipate it will also be as effective for cats, which approximately doubles the market size.</p>
<p>On June 3rd, Pfizer announced that the Food and Drug Administration has approved the first cancer drug, named Palladia(tm), made specifically to treat cancer in dogs(5). The ability to diagnose cancer with OncoPet(tm) and treat it with Palladia(tm) presents an intriguing synergy."</p>
<p>Moro added: "Finally, it is of paramount importance to keep in mind that this RECAF test for companion animals is not a substitution for our RECAF tests to be used in human patients but rather an addition aimed to accelerate revenue generation while the human tests get to market."</p>
<p><strong>About BioCurex:</strong></p>
<p>BioCurex, Inc. is a biotechnology company that is developing products based on patented/proprietary technology in the areas of cancer diagnosis, imaging and therapy. The technology identifies a cancer marker known as RECAF(tm), which is found on malignant cells from a variety of cancer types but is absent in most normal or benign cells.</p>
<p>BioCurex has signed licensing agreements for its cancer detection blood tests with Abbott Laboratories and with Inverness Medical Innovations (for further information on these agreements see: <a href="http://sec.gov/Archives/edgar/data/1092562/000100487808000117/sb2amnd4s1april08.txt" target="_blank">http://sec.gov/Archives/edgar/data/1... </a>).</p>
<p>The cancer marker RECAF(tm) has emerged as a potential biomarker that may be useful in the development of new cancer diagnostics tests. Preliminary studies from the investigators at BioCurex have reported a high level of clinical sensitivity and specificity for RECAF in many of the most common cancers, including prostate, breast, colorectal, lung and others.</p>
<p>To read more about the Company, please visit the News section in our web site (<a href="http://www.biocurex.com" target="_blank">www.biocurex.com</a>).</p>
<p><em>Note: </em></p>
<p><em>The Company has not authorized the release of this information in any form that contravenes the Communication Act and will not be responsible for unsolicited massive distribution of this material by e-mail or facsimile by unauthorized parties. Statements in this press release, which are not historical facts, are "forward-looking statements'' within the meaning given to that term in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.</em></p>
<p>(1) <a href="http://www.hsus.org/pets/issues_affecting_our_pets/pet_overpopulation_and_ownership_statistics/us_pet_ownership_statistics.html" target="_blank">http://www.hsus.org/pets/issues_affe... </a></p>
<p>(2) <a href="http://books.google.ca/books?id=_ZKp2IicDt0C&amp;pg=PA69&amp;lpg=PA69&amp;dq=%22Registry+of+Canine+and+Feline+Neoplasms%22&amp;source=bl&amp;ots=NRR2DXZdUg&amp;sig=AztvvR14J-IIgo5vuH2H0-CEgAQ&amp;hl=en&amp;ei=cMTjSbb5KpX0tAP1qcG7CQ&amp;sa=X&amp;oi=book_result&amp;ct=result&amp;resnum=2#PPA69,M1" target="_blank">http://books.google.ca/books?id=_ZKp... </a></p>
<p>(3) <a href="http://www.sniksnak.com/cathealth/aging2.html" target="_blank">http://www.sniksnak.com/cathealth/ag... </a></p>
<p>(4) <a href="http://www.avma.org/onlnews/javma/jan08/080101a.asp" target="_blank">http://www.avma.org/onlnews/javma/ja... </a></p>
<p>(5) <a href="http://www.pfizer.com/news/press_releases/pfizer_press_releases.jsp" target="_blank">http://www.pfizer.com/news/press_rel... </a>#</p>
<p>CONTACT:  BioCurex, Inc.<br />          Ricardo Moro<br />          (604) 207-9150</p>]]>
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      <pubDate>17 Jun 2009 14:16:00 GMT</pubDate>
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      <title>Intertainment’s Itibiti Systems Financing Update</title>
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        <![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>
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      <pubDate>04 Jun 2009 15:10:00 GMT</pubDate>
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      <title>Pro Travel Network Undergoes Name Change to Reflect New Ventures</title>
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<p><strong>FRESNO, Calif., May 28, 2009 -- Pro Travel Network, Inc. (OTCBB:PTVL) (the "Company")</strong> has announced that effective Friday, May 22, 2009, the Company has officially undergone a name change to PTN Inc. This will serve as a parent company to five separate operating divisions that will be launched this year beginning June 1st.</p>
<p>Company CEO Mr. Paul Henderson commented, "PTN is a travel related company with several travel related offerings. With the launch of several new products on the horizon, we believed that rather than launching them under the Pro Travel Network name, we would launch them as fully separate operating divisions, since they have very little in common with our current Pro Travel Network model."</p>
<p>He added, "This is an exciting time for us, as we believe the fallout of the economic recession has also opened up tremendous opportunities for us. Remaining debt free has allowed us to focus on growth rather than on debt service. We have been spending the last several months working quietly on several new initiatives that are all scheduled to launch by years end."</p>
<p>Mr. Henderson has also made some additions to his management team. He said, "We continue to believe in and be excited about the Pro Travel Network model, and have recently hired Mr. Brian Beane as Vice President to head the continued expansion of Pro Travel Network."</p>
<p>Pro Travel Network, however, will now be one of five distinct PTN global ventures. The recent hiring of Fred McIntosh, as new CFO, is a major factor as he will lead the restructuring of the Company's internal accounting systems to facilitate this growth strategy. To this end we will continue to expand our corporate infrastructure by bringing on talented leaders to run each travel related division.</p>
<p><strong>About Pro Travel Network</strong></p>
<p>Pro Travel Network is an emerging growth direct to consumer service business leveraging the powerful home-based business concepts with the travel industry. The company offers one of the most unique and comprehensive independent travel agent training packages in the travel industry, and currently has nearly 12,000 Independent Travel Agents nationwide.</p>
<p>The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The OTC Bulletin Board has not reviewed this press release and neither approved nor disapproved the information contained in this press release.</p>
<p>For more information, please review the company's filings with the Securities &amp; Exchange Commission (<a href="http://www.globenewswire.com/newsroom/ctr?d=166182&amp;u=http%3A%2F%2Fwww.sec.gov%2Fcgi-bin%2Fbrowse-ed" target="_blank">http://www.sec.gov/cgi-bin/browse-ed</a>... ).</p>
<p><em>"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Pro Travel Network, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Pro Travel Network, Inc. or any other person that the objective and plans of Pro Travel Network will be achieved. </em></p>
<pre>CONTACT:  AGORACOM
          Investor Relations
          PTVL@agoracom.com
          <a href="http://www.globenewswire.com/newsroom/ctr?d=166182&amp;u=http://www.agoracom.com/IR/ProTravelnetwork" target="_blank">www.agoracom.com/IR/ProTravelnetwork</a>
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      <pubDate>28 May 2009 09:05:00 GMT</pubDate>
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      <title>Futuremedia Announces Successful Month in Cannes</title>
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<p style="text-align: justify;">LONDON, May 28, 2009 -- <strong>Spice Design and Events International, a subsidiary of Futuremedia plc (Pink Sheets:FMDAY)</strong>, and a leader in the exhibitions and events industry announced today that it once again played a significant role at the festivities surrounding the 62nd Cannes Film Festival which concluded on May 24th. For many years, the company office based in Cannes has been the "go-to" events planner for clients at this much publicized event. For the 10th year in a row, the Spice team organized the BBC Films cocktail party which is one of the most sought after parties to attend at the festival. Other clients included Summit Entertainment, the producers of the phenomenal worldwide hit, "Twilight" and Pathe International.</p>
<p style="text-align: justify;"> </p>
<p style="text-align: justify;">The momentum for the Spice team continues as it is now working feverishly to prepare for the Cannes Lions International Advertising Festival which will take place June 21st thru June 27th. This world renowned event will bring together delegates from over ninety countries and will feature speakers such as Kofi Annan (United Nations), Steve Ballmer (Microsoft), Eric Smith (Google) and David Plouffe (campaign manager for Barack Obama). Spice will once again be responsible for both the opening and closing night galas. Additionally, the company will be coordinating major events, designing exhibitions and providing logistical support to the show's organizer and to numerous clients including Microsoft Advertising, the Japanese retailer Uniqlo and Yahoo! during the week-long event.</p>
<p style="text-align: justify;"> </p>
<p style="text-align: justify;">Futuremedia CEO George O'Leary stated "We are excited to be a part of these prestigious events, and value the continued trust that our clients have shown us. We intend to demonstrate once again our commitment to become the world's premier design, exhibition and events agency."</p>
<p style="text-align: justify;"> </p>
<p style="text-align: justify;"><strong>About Spice</strong></p>
<p style="text-align: justify;"> </p>
<p style="text-align: justify;">Spice is a leading design, exhibition and events agency. With offices in London, Cannes, Los Angeles and Dubai, it has worldwide experience creating and delivering projects across a range of industries including IT &amp; Telecommunications, Finance &amp; Banking, Property, Television &amp; Entertainment, Travel &amp; Tourism, Food &amp; Drink, Media &amp; Publishing and Fashion &amp; Beauty. With a proven track record spanning over three decades, Spice offers three-dimensional designs to provide creative solutions in the production and management of branded environments and content. Clients include CBS Paramount, Convergys, Estee Lauder, Microsoft Advertising, NBC Universal, Qatari Diar, Sony Ericsson and Union Properties. "SPICE" encompasses Strength, Passion, Innovation, Creativity and Excellence. For more information, visit www.spicedesign.com or contact Rita Johnson at <a href="mailto:rjohnson@buttonworldwide.com" target="_blank">rjohnson@buttonworldwide.com</a></p>
<p style="text-align: justify;"> </p>
<p style="text-align: justify;">Futuremedia plc (Pink Sheets:FMDAY) is a global media holding company providing design, exhibition and event services to public and private sector organisations. Established in 1982, Futuremedia helps its clients to communicate their values, product and brand information to employees, customers and industry. For more information, visit <a href="http://www.futuremedia.co.uk/" target="_blank">www.futuremedia.co.uk</a></p>
<p style="text-align: justify;"><span style="font-family: verdana; font-size: 11px;">
<pre style="font-size: 11px;">CONTACT: AGORACOM Investor Relations
         FMDAY@agoracom.com
         <a href="http://www.globenewswire.com/newsroom/ctr?d=166187&amp;u=http%3A%2F%2Fwww.agoracom.com%2FIR%2FFuturemedia" target="_blank">http://www.agoracom.com/IR/Futuremedia</a></pre>
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      <pubDate>28 May 2009 08:30:00 GMT</pubDate>
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      <title>Pro Travel Network Announces Q3 Results for Fiscal '09</title>
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        <![CDATA[<p><strong>FRESNO, Calif., May 18, 2009 -- Pro Travel Network, Inc. (OTCBB:PTVL) (the "Company")</strong> has released its unaudited financial results for its fiscal third quarter which ended March 31, 2009.</p>
<p>The Company had total revenues of $1,181,960 for that time period compared to revenues of $2,672,811 for the quarter which ended March 31, 2008. Gross profit was $602,477 compared to $1,104,167 for the same period last year. The company did experience a comprehensive loss of $94,981 for the third quarter compared to a comprehensive gain of $241,088 for the third quarter of 2008. As a result, earnings per share for the third quarter were $0.00 compared to earnings of $0.01 per share for the third quarter of 2008.</p>
<p>Pro Travel Network President &amp; CEO Mr. Paul Henderson commented, "The first three months of this year were not only challenging for our company, but for the nation as a whole. Financial markets were under incredible stress and while some were looking for a bailout, we were looking for growth opportunities."</p>
<p>The company's overall business strategy of no long term debt has served the Company well in economic down times. Mr. Henderson added, "We know there are business cycles and by having no long term debt, we can weather the storm and be well-positioned for growth opportunities in the future. As a result our current assets exceed current liabilities by more than a two to one margin; we've maintained our no long term debt status, and we are poised to take advantage of new opportunities which we hope to announce in the coming quarter."</p>
<p><strong>About Pro Travel Network</strong></p>
<p>Pro Travel Network is an emerging growth direct to consumer service business leveraging the powerful home-based business concepts with the travel industry. The company offers one of the most unique and comprehensive independent travel agent training packages in the travel industry, and currently has nearly 12,000 Independent Travel Agents nationwide.</p>
<p>The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The OTC Bulletin Board has not reviewed this press release and neither approved nor disapproved the information contained in this press release.</p>
<p>For more information, please review the company's filings with the Securities &amp; Exchange Commission (<a href="http://www.sec.gov/cgi-bin/browse-edgar?company=pro+travel&amp;CIK=&amp;filenum=&amp;State=&amp;SIC=&amp;owner=include&amp;action=getcompany" target="_blank">http://www.sec.gov/cgi-bin/browse-ed... </a>).</p>
<p><em>"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Pro Travel Network, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Pro Travel Network, Inc. or any other person that the objective and plans of Pro Travel Network will be achieved.</em></p>
<p>CONTACT:  AGORACOM Investor Relations<br />          <a href="mailto:PTVL@agoracom.com" target="_blank">PTVL@agoracom.com</a><br />          <a href="http://www.agoracom.com/IR/ProTravelnetwork" target="_blank">www.agoracom.com/IR/ProTravelnetwork</a><br /> </p>]]>
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      <pubDate>18 May 2009 09:09:00 GMT</pubDate>
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      <title>Pro Travel Network Appoints New CFO and Controller</title>
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      <link>http://feedproxy.google.com/~r/agoracom-tm-feed/~3/vIT43Pofkkk/1133353</link>
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        <![CDATA[<p><strong>FRESNO, Calif., May 8, 2009 -- Pro Travel Network, Inc. (OTC BB:PTVL.OB - News) (the ``Company'')</strong> is pleased to announce it has appointed Mr. Frederick McIntosh as CFO and Controller.  <br /><br />With over 20 years of experience in private accounting, Mr. McIntosh has served as a Controller for a number of companies since 2003.  Most recently, he served with one of California&rsquo;s largest public charities, the Fresno Rescue Mission.  Mr. McIntosh earned a degree in Business Administration with an emphasis in accounting from California State University.  <br /><br />Pro Travel Network President and CEO Mr. Paul Henderson said, &ldquo;We are fortunate to have someone with the skills, experience, and drive that Mr. McIntosh has.  He will be an excellent addition to our management team and he will be instrumental helping Pro Travel move its business plan forward.&rdquo;<br /><br />Pro Travel Network is an emerging growth direct to consumer service business leveraging the powerful home-based business concepts with the travel industry. The company offers one of the most unique and comprehensive independent travel agent training packages in the travel industry, and currently has nearly 12,000 Independent Travel Agents nationwide. <br /><br />The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The OTC Bulletin Board has not reviewed this press release and neither approved nor disapproved the information contained in this press release. <br /><br />For more information, please review the company's filings with the Securities &amp; Exchange Commission (<a href="http://www.sec.gov/cgi-bin/browse-ed" target="_blank">http://www.sec.gov/cgi-bin/browse-ed</a>... ). <br /><br /><em>Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Pro Travel Network, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Pro Travel Network, Inc. or any other person that the objective and plans of Pro Travel Network will be achieved.</em></p>
<p>Contact:<br />          AGORACOM Investor Relations<br />          <a href="mailto:PTVL@agoracom.com" target="_blank">PTVL@agoracom.com</a><br />          <a href="http://www.agoracom.com/IR/ProTravelnetwork" target="_blank">www.agoracom.com/IR/ProTravelnetwork</a></p>
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      <pubDate>08 May 2009 09:54:00 GMT</pubDate>
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      <title>Intertainment’s Itibiti Systems Financing Increased</title>
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        <![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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      <pubDate>05 May 2009 09:07:00 GMT</pubDate>
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