Intertainment Media Inc. to Help Fund Canada's Next Tech Superstar

Last Update: 10/31/2011 9:03:30 AM

NEW YORK, NEW YORK AND LOS ANGELES, CALIFORNIA AND SAN MATEO, CALIFORNIA AND TORONTO, ONTARIO, Oct 31, 2011 (MARKETWIRE via COMTEX) -- Intertainment Media Inc. ("Intertainment" or the "Company") (tsx venture:INT)(otcqx:ITMTF)(frankfurt:I4T) Intertainment Media and Dx3 Canada announced today a partnership, to launch the "Intertainment Media Incubation Zone" (IMIZ) at the Dx3 Canada event on January 25th & 26th at the Metro Toronto Convention Center.

The "IMIZ" will showcase some of Canada's formalized Incubation Programs, with Ryerson's DMZ, OCADU, the Impact Entrepreneurship Group and MEIC already confirmed participants. The Zone will showcase the respective incubators and their members, culminating in a panel "pitch-off" for the chance to win a $20,000 prize of cash and professional services plus the opportunity to work with Intertainment Media for one year.

"Intertainment is very pleased to be partnering with Dx3 Canada to help bring focus to the incredible technology talent that exists in this country and Canada's outstanding reputation as a global hub for innovation." said David Lucatch, CEO of Intertainment Media. "Intertainment Media is committed to finding, fostering and delivering leading edge technology to the Canadian and global media landscape and this opportunity was a natural fit with our mandate."

The "pitch-off" will happen over the course of the two days of Dx3 Canada, with the winner being announced on the final day of the show.

"This partnership with Intertainment Media really solidifies our goal of showcasing Canada's technology and innovation. Supporting this growing innovation and start-up sector that contributes to Canada's future economic growth is made possible by the generous program offered by Intertainment Media" said Duncan Payne, Show Director of Dx3 Canada.

About Intertainment Media

Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo, Deal Frenzy and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com .

Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (tsx venture:INT) and in the US on the OTCQX under the symbol "ITMTF". Intertainment is also traded in Europe, on XETRA under the symbol "I4T".