INT now trading on OTCQX(premier tier of the OTC ) in US and Xetra in Germany
posted on
May 11, 2011 06:17AM
http://www.istockanalyst.com/business/news/5135920/intertainment-media-inc-announces-trading-on-global-stock-exchanges-int-now-to-trade-on-the-otcqx-market-in-the-usa-and-xetra-in-germany
NEW YORK, NEW YORK and TORONTO, CANADA and FRANKFURT, GERMANY -- (Marketwire) -- 05/11/11 -- Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T), the parent company for Ortsbo, Magnum, KNCTR and Ad Taffy is pleased to announce that the Company's common shares have been approved to trade on the premier tier of the OTC market in the United States, the OTCQX, with the ticker symbol "ITMTF". As part of the OTCQX admission process, Intertainment is now included in the Standard & Poors Corporation Records publications.
"We are pleased to welcome Intertainment Media Inc. to OTCQX," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "Companies, like Intertainment, that trade on OTCQX demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards."
The Company also announces that its common shares are accepted for continuous trading on the electronic trading platform Xetra® in Germany under the ticker symbol "I4T" with the International Security Identification Number (ISIN) number CA46111P1036.
BankM - biw AG, one of the leading German securities trading banks in Europe, helped facilitate the Xetra® listing and will also act as the Company's designated sponsor on the electronic trading platform. BankM - biw AG will also support Intertainment through the introduction of the company to their network of institutional clients throughout the European marketplace.
"The opportunity to have our publicly traded common stock trading on the OTCQX and Xetra is a major milestone for the company" said David Lucatch, CEO, Intertainment Media Inc., "Both the OTCQX and Xetra are recognized as premier trading platforms and will allow Intertainment to enhance its international recognition to a broader base of international shareholders."
About Intertainment - www.intertainmentmedia.com
Connecting people with brands, 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.
Intertainment owns a number of key properties including Ortsbo, Ad Taffy, itiBiti and Magnum Fine Commercial Printing Limited.
Headquartered in Richmond Hill, ON, with offices in NewYork, Los Angeles and San Mateo, CA, Intertainment Media Inc.