RE: Hey RKHAM,Digifonica and Intertainment to Power Next Generation of Internet Telephony
Burnaby, B.C., and Toronto, O.N., Canada, February 06, 2008 —Digifonica International Inc. ("Digifonica") (TSXV: DIL) andIntertainment Media Inc. (TSX-V: INT) ("Intertainment") announced todaythat, subject to TSX Venture Exchange approval, they have entered intoa non-binding letter of intent (LOI) to offer Intertainment'sproprietary feature-rich Softphone interface with Digifonica'sproprietary managed service delivery architecture to provide a fullyintegrated Internet telephony, IMS, SMS, Managed Content Delivery,Multimedia, and other next generation telecommunications white-labelsolution for subscriber-based social networking and commercial andcommunity-based affinity partners worldwide.
Under the terms ofthe LOI, Intertainment will provide fully customized versions of their“Itibiti” Softphone client offering subscribers with a desktopinterface that enables them with the ability to place and receive textmessages, peer to peer and regular telephone calls on-net to othersubscribers, and off-net to virtually any fixed, satellite or mobilecommunications customer world-wide. In addition, the Softphoneinterface provides access to common features of the affinity partnerswebsite and the ability to support ad-based revenue generation,offering Intertainment and Digifonica with greater revenueopportunities that can, in part, be returned to the affinity partnersin the form of higher royalties, or directly to the subscribers in theform of subsidized national and international calling.
DavidLucatch, President and CEO of Intertainment comments, “Intertainmenthas had a tremendous amount of initial response from the internationalbusiness community for its Itibiti Softphone product, which allowscompanies to create a feature rich, interactive desktop environment toshare with its customers. The addition of the Digifonica platformallows the program to expand globally, and provides an opportunity forIntertainment to showcase its programs around the world”.
Colin Tucker, Chairman of Digifonica further comments, “PromotingIntertainment’s Softphone solution further compliments the valueproposition Digifonica offers to large-scale social networking andcommercial and community based affinity partners and providesDigifonica with a client based technology solution that furtheremphasizes Digifonica’s commitment to providing world-class end-
to-end solutions”.