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Ortsbo's Live Coverage of the 2012 Orange British Academy Film Awards Unites 161 Countries Instantly in 53 Languages
NEW YORK, NEW YORK, AND LOS ANGELES, CALIFORNIA, AND SAN MATEO, CALIFORNIA AND TORONTO, ONTARIO, Feb 14, 2012 (MARKETWIRE via COMTEX) --
Intertainment Media Inc. ("Intertainment" or the "Company") (TSX
VENTURE: INT)(OTCQX: ITMTF)(FRANKFURT: I4T) announces that its real
time, experiential communications platform, Ortsbo.com
(www.ortsbo.com) together with Variety Magazine has unofficially
smashed Ortsbo's Guinness World Record established in May 2011
together with its live coverage of the 2012 Orange British Academy
Film Awards (BAFTA) with 161 countries viewing the event in 53
instantly translated languages. The broadcast featured live
interviews with some of today's biggest stars including George
Clooney, Viola Davis, Kenneth Branagh, Berenice Bejo, Octavia
Spencer, Tom Hiddleston, Chris Hemsworth, Jim Broadbent, Neil Stiles
and Daniel Radcliffe live from the Red Carpet instantly translated
with Ortsbo's Real Time Closed Captioning Language Translation
System. Ortsbo also provided coverage and commentary of the Winner's
press area with award winners including Meryl Streep and Martin
Scorcese answering Ortsbo questions from fans around the world.
Ortsbo's Real Time Closed Captioning Language Translation system
allows viewers to watch video broadcasts and view an accompanying
language real time text stream, like closed captioning found on
television broadcasts, but in their personally selected choice of
over 50 languages. The system, when combined with other Ortsbo
technologies allows viewers to interact with the broadcast, asking
questions, providing comments and chatting with other participants in
almost any language, in real time.
Since launching its Real Time Closed Captioning Language Translation
system at the Variety Entertainment Summit at the 2012 Consumer
Electronics Show in Las Vegas, NV, and follow up coverage of the
Sundance Film Festival featuring a Live & Global event with Gene
Simmons and Stan Lee, Ortsbo has been refining their new leading edge
system with its technical team, system concept creator and Ortsbo's
Senior Marketing Consultant, Richard Abramson, introducing improved
feature sets.
Ortsbo has initiated the filing process with the US Patent Office for
its patent pending Real Time Closed Captioning Language Translation
System, as it continues to create and define a new category of
Internet services, "Real Time Experiential Communications".
The current patent filing is the latest in a series of technical
innovations and patent filings that Ortsbo has initiated since its
launch in July 2010. Ortsbo's accelerated growth in social media and
the growing demand for its services in entertainment, sports and
other showcase events is evidence that Ortsbo is breaking down the
language barrier enabling every corner of the world to consume real
time content in their own language on almost any device.
"The potential business, cultural and communications implications of
Ortsbo's Real Time Closed Captioning Language Translation system are
immense," said Intertainment and Ortsbo CEO David Lucatch. "Ortsbo's
patent pending system allows broadcasters of any size, for almost any
event, large or small, to reach anyone, anytime or anywhere from a
single point of content creation while allowing users to give instant
comment and feedback - creating a true global village experience."
As previously announced, Intertainment Media Inc. continues to move
forward with its plans to "spin out" Ortsbo as an independent
structure for listing on senior Exchanges in Canada and the United
States. As part of the "spin out" transaction, Management of
Intertainment has proposed that shareholders, as of a determined
record date, will receive a distribution of up to 30% of
Intertainment's value of the proposed spin out. This transaction will
be subject to all applicable board, shareholder and regulatory
approvals. The Company expects to provide further updates throughout
February 2012.
To become a Facebook Fan of Ortsbo, sign up at
www.facebook.com/ortsbo.
Follow Ortsbo on Twitter
For the Company's corporate blog, please visit
www.intertainmentmedia.com/blog.
About Ortsbo's Real Time Closed Captioning Language Translation
System
Ortsbo's Real Time Closed Captioning Language Translation System
allows viewers to watch video broadcasts, and also view an
accompanying language real time text stream, like closed captioning
found on television broadcasts, but in their personally selected
choice of over 50 languages. This game-changing proprietary system,
which is part of Ortsbo's Live & Global platform, provides the
ability for universal language broadcasting on a global basis,
regardless of the native language of the broadcaster, potentially
changing the face of ethnic, cultural, sports, entertainment,
business and other forms of online, video and television live and
pre-recorded broadcast programming.
Once a user reaches the event web broadcast page, the Language
Captioning System will default to the user's pre-set system language.
The users can also select the language of their choice from an
on-page drop down menu, with continuous live streaming updates. The
system will automatically deliver a "real time" effective stream of
"closed captioning" in the user's chosen language.
About Ortsbo Inc. www.ortsbo.com
With over 40 Million monthly users in over 170 countries and
territories, Ortsbo (www.ortsbo.com) enables real-time conversational
translation in over 50 languages and seamlessly integrates with
today's most popular social media platforms.
Ortsbo's flagship product for social media (www.ortsbo.com) supports
global communications with instant translation capability, real time
multi-lingual social media chat connects to PC and Mac computers,
mobile browsers as well as all major chat platforms including MSN,
Google, Facebook, Twitter and Yahoo! and others.
Ortsbo allows users to communicate with family, friends and
colleagues around the world, providing users with the ability to
break down language and cultural barriers through its easy to use,
language centric interface.
Ortsbo also provides plug-in email translation capabilities for
Microsoft Outlook.
Ortsbo's Live & Global platform offers a unique solution for
broadcasting events to a global audience, with video and real time,
multi-lingual chat. Ortsbo currently hold the Guinness World Record
for the most nationalities in an online chat.
International rock legend, accomplished global entrepreneur and one
of the world's most recognized personalities, Gene Simmons has
endorsed Ortsbo.com, having signed on as a business partner and to
serve as Ortsbo's official spokesperson.
Two-time NBA MVP Steve Nash is an official spokesperson for Ortsbo.
Leading Ortsbo's global sports fan program, Nash will present and
participate in a number of online fan chats with international
athletes from a number of sports disciplines.
Ortsbo is an Academy Partner to the Orange British Academy Film
Awards in 2012.
Headquartered in both Los Angeles, CA and the Toronto, Canada area,
with additional offices in New York and San Mateo, CA, Ortsbo Inc. is
a subsidiary of Intertainment Media Inc. a publicly listed company on
the Toronto Venture Exchange under the symbol "INT" (TSX VENTURE:
INT) and traded in the US on the OTCQX under the symbol "ITMTF".
Intertainment is also traded in Europe, on the Frankfurt Exchange on
the XETRA trading platform under the symbol "I4T".
This news release may contain certain forward-looking information.
All statements included herein, other than statements of historical
fact, is forward-looking information and such information involves
various risks and uncertainties. There can be no assurance that such
information will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
information. A description of assumptions used to develop such
forward looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking
information can be found in the company's disclosure documents on the
SEDAR website at www.sedar.com. The company does not undertake to
update any forward-looking information except in accordance with
applicable securities laws.
This release may contain forward looking statements within the
meaning of the "safe harbor" provisions of US laws. These statements
are based on management's current expectations and beliefs and are
subject to a number of risks and uncertainties that could cause
actual results to differ materially from those described in the
forward looking statements. Intertainment Media Inc. does not assume
any obligation to update any forward looking information contained in
this news release.
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.
Contacts:
For Ortsbo / Intertainment Media Inc.:
David Lucatch, CEO
800-395-9943 / 905-763-3510
info@intertainmentmedia.com
To learn more, visit: www.ortsbo.com
To learn more, visit: www.intertainmentmedia.com
Public Relations / Media Inquiries:
SS / PR
mcampe@sspr.com
www.sspr.com
SOURCE: Intertainment Media Inc. and Ortsbo
mailto:info@intertainmentmedia.com
http://www.ortsbo.com
http://www.intertainmentmedia.com
mailto:mcampe@sspr.com
http://www.sspr.com
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