Intertainment's Portfolio Investment Yappn Begins Acceleration and Rollout of Key Programs
March 06 2014 - 12:15PM
Marketwired Canada
Intertainment Media Inc. ("Intertainment Media" or "Company") (TSX
VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) together with its investment portfolio
company Yappn Corp. (OTCQB:YPPN), the real-time multilingual amplification
platform for brand messaging, eCommerce and customer support is pleased to
announce that Yappn has begun to pilot launch its multilingual eCommerce program
allowing brands to seamlessly sell its products and services natively in key
languages, capturing new audiences and revenues. This program, which was
announced earlier this year, provides brands with Yappn's key technologies,
marketing, sales and support programs on a partnership basis, where Yappn
receives up to 15% of the accretive revenues generated from new sales.
Currently, Yappn is piloting 2 brands with a number of key brands to follow.
Yappn's new multichannel consumer platform for web, portable and mobile devices,
Fotoyapp (www.fotoyapp.com), which allows users to instantly connect photos and
images to almost any social content in almost any language has begun its
development program for key industry influencers and celebrities. Yappn is
meeting with agencies, studios and management firms to introduce Fotoyapp as
part of their global social outreach programs.
Fotoyapp builds on the idea that "a picture is worth a thousand words" by
revolutionizing social engagement allowing images and content to be linked to
each other and shared instantly, in almost any language. Fotoyapp creates the
ability to share beyond the image.
With Fotoyappn (www.fotoyapp.com) a user simply takes an image, from a camera,
tablet, computer, etc. and uploads it to Fotoyapp along with key words that
describe the image. Fotoyapp automatically adds the users current social media
accounts like Twitter, Facebook and Sina Weibo and crawls the web for related
social media posts using the selected key words. The result is a stand-alone
page where images are socially and visually enabled with all types of related
content that automatically defaults to the viewer's language, regardless of what
language the social content was posted in. Fotoyapp pairs any image with
practically any social content and connects relevant curated ad and commerce
opportunities to those images, creating new forms of revenue.
Fotoyapp allows users to share socially empowered images through any platform
(Facebook, Twitter, Instagram, QZone, LinkedIn, Google+, Tencent, Sina Weibo,
Renren and Yappn Chat), email, device or app and rewards the viewer with a
completely rich experience not found anywhere else, creating People Powered
Pics.
Interested parties who want to among the first to try this new platform will be
able to sign up for Fotoyapp by the end of March at www.fotoyapp.com.
Learn more at www.intertainmentmedia.com.
About Intertainment - www.intertainmentmedia.com
Intertainment is one of Canada's leading technology incubators and is focused on
developing, nurturing and investing in both North American and global
technologies and companies that provide technology solutions for brands and
consumers alike. Intertainment also owns and operates a number of key properties
and has investments in leading edge technologies and social media platforms,
including Magnum, Ortsbo, CapThat, theAudience, Lexifone, Shiny Ads and Yappn
Corp (www.yappn.com). For more information on Intertainment and its properties,
please visit www.intertainmentmedia.com.
Intertainment is headquartered in the Toronto, Canada region, with offices in
New York, Los Angeles and San Mateo, CA and is listed on the TSX Venture
Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX
Market under the symbol "ITMTF". Intertainment is also traded in Europe on the
Open Market (Regulated Unofficial Market) Frankfurt Exchange under the symbol
"I4T".
Forward-Looking Information
This news release contains certain "forward-looking information" within the
meaning of such statements under applicable securities law, including statements
relating to the expected use of proceeds of the Offering.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate", "may",
"will", "potential", "proposed" and other similar words, or statements that
certain events or conditions "may" or "will" occur. These statements are only
predictions. Forward-looking information is based on the opinions and estimates
of management at the date the statements are made, and are subject to a variety
of risks and uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the forward-looking
statements. Actual timelines associated may vary from those anticipated in this
news release and such variations may be material. Actual results could differ
materially because of factors discussed in the management discussion and
analysis section of our interim and most recent annual financial statements or
other reports and filings with the TSX Venture Exchange and applicable Canadian
securities regulators. The Company undertakes no obligation to update
forward-looking statements if circumstances or management's estimates or
opinions should change, unless required by law. The reader is cautioned not to
place undue reliance on this forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act of 1934. All statements, other than
statements of historical fact, and those preceded by or that include the words
"believes," "expects," "given," "targets," "intends," "anticipates," "plans,"
"projects," "forecasts" or similar expressions, are "forward-looking
statements." Although Yappn Corp.'s management believes that such
forward-looking statements are reasonable, it cannot guarantee that such
expectations are, or will be, correct. These forward-looking statements involve
a number of risks and uncertainties, which could cause the Company's future
results to differ materially from those anticipated. Additional information
regarding the factors that may cause actual results to differ materially from
these forward-looking statements is available in the Company's filings with the
SEC including the Current Report on Form 8-K filed on April 3, 2013 and each
subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K.
The Company assumes no obligation to update any of the information contained or
referenced in this press release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Intertainment Media Inc.
David Lucatch
CEO
info@intertainmentmedia.com
www.intertainmentmedia.com