Toronto, Ontario--(Newsfile Corp. - July 8, 2015) - Intertainment Media Inc. (TSXV: INT) (OTCPINK: ITMTF) (FSE: I4T) ("Intertainment Media" or "Company") is pleased to announce that its language technology and services division, Ortsbo Inc., has been granted a new patent for "Cross-Language Communication Between Proximate Mobile Devices" from the United States Patent and Trademark Office.
United States Patent No. US 9,053,097 B2 was granted on June 9th, 2015 and received by Ortsbo on June 23, 2015, and it is described as follows:
A system facilitates cross-language communication among users of respective wireless communication devices. Two or more mutually-agreeing users establish and participate in a cross-language communication session, without revealing private information, such as their telephone numbers. Once the session has been established, each user enters text into her wireless communication device, and a translated version of the entered text is displayed on screen of the other user's wireless communication device. The text may be entered, such as by typing on a keyboard on the wireless communication device or by speaking inputs into a microphone and automatically recognizing the speech optionally, the translated text may be spoken by a speech synthesizer. No permanent information about the participants need be stored in the respective wireless communication devices, so once the communication session ends, no further communication between or among the participants is possible, without establishing another session, thereby preserving each user's privacy.
"We are pleased to announce the grant of a third patent within our divisional IP portfolio," said Anthony R. Pearlman, President and COO "This newly granted patent further protects our technology investments.
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 Ortsbo, TranzActive, CapThat, theAudience, Lexifone, Shiny Ads and Yappn Corp (www.yappn.com) (OTCQB: YPPN). 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 and Los Angeles, CA and is listed on the TSX Venture Exchange under the symbol "INT" (TSXV: INT) and in the US under the symbol "ITMTF". Intertainment is also traded in Europe on the Open Market (Regulate Unofficial Market) of the Frankfurt Exchange under the symbol "I4T".
Contact
Mr. Anthony R. Pearlman, COO
info@intertainmentmedia.com
Forward Looking Information
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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.
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