Message: NEWS - Savers Plus International Changes Name To Intertainment Media Inc.
NEWS - Savers Plus International Changes Name To Intertainment Media Inc.
posted on
Apr 26, 07 09:46AM
New Symbol TSXV:INT
TORONTO, April 26, 2007 - Savers Plus International Inc. ("Savers or the "Company") (TSXV: SAV) announced that pursuant to a resolution passed by shareholders on April 10, 2007, the Company will change its name to Intertainment Media Inc.
Effective at the opening on April 30, 2007, the common shares of Intertainment Media Inc. will commence trading on the TSX Venture Exchange, and the common shares of Savers Plus International Inc. will be delisted. There is no consolidation of capital.
The trading symbol for Intertainment Media Inc. is “INT”.
“The name change to Intertainment Media Inc. is a major step forward in the evolution of our organization, as our new media strategies, including Eye Rock Digital have quickly become industry-leading platforms that are garnering attention worldwide. The Eye Rock Digital Network has served over 80 million videos since the beginning of the year, and our other business divisions continue to gain momentum,” stated Mr. David Lucatch, CEO.
About Eye Rock Digital
The Company’s wholly owned US subsidiary Eye Rock Digital Inc. ( http://www.eyerockdigital.com ), is a leading edge provider of video on demand, digital content, distribution, advertising and production. Eye Rock Digital aggregates and creates digital content aimed at the young, hip and technologically savvy young adult market. Eye Rock Digital develops programming for simultaneous delivery over broadband and wireless platforms.
About Intertainment Media Inc.
The Company and its divisions, provide proprietary programs for clients to build Brand, Loyalty and Revenues.
Working with industry leading firms in the financial sector, real estate, insurance, media, telecommunications, entertainment, electronic gaming, travel, automotive and services sectors, the Company initiates proprietary business building solutions that increase customer activity and strengthen customer-vendor relationships.
The Company maintains a fully integrated creative, web, technology and graphics production facility to service its growing client base, and works with company owned and managed systems with vendors throughout North America and Europe. The Company developed proprietary technologies for managing these programs and manufacturing its offerings.
Intertainment Media Inc. is headquartered in Richmond Hill, Ontario, Canada. Its shares will trade on the TSXV (symbol: INT).
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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 regulations. We do not undertake any duty to update any forward-looking statements.
This press release has been submitted to http://www.TOP10PressReleases.com for investors to vote on and help move into the TOP 10 of the day. Investors can locate the release by using the industry filter or searching by company name and/or stock symbol.
CONTACT:
Corporate Inquiries
David Lucatch CEO
905-763-3510
http://www.intertainmentmedia.com
Investor Relations
CHF Investor Relations
Jan Moir, Vice President
416-868-1079, ext 237
jan@chfir.com
AGORACOM
SAV@Agoracom.com
http://www.agoracom.com/IR/saversplus
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