VANCOUVER, Jan. 19 /PRNewswire-FirstCall/ - Intelimax Media Inc. ("Intelimax" or the "Company") (OTCBB:IXMD) is pleased to announce the release of the Charity Poker Series on Gamboozle.com. In conjunction with marketing partner Charity Satellite Gaming, Intelimax has created its newest poker tournament series.
"We're pleased that our gaming platform is being used to raise funds and awareness for many different charities. The team at CSG has done a great job at identifying the needs of charities and helping to deliver a solution," said CEO Charles Green.
Gaming related fundraisers have proven successful. In 2002 alone, over $2.7 billion was raised in the United States and Canada, according to the 'Charity Gaming In North America' report conducted by the National Association of Fundraising Ticket Manufacturers. As per the agreement Intelimax will share in all revenues derived from this venture in exchange for providing the gaming platform. Revenues will come from subscription fees and monthly usage fees for the use of our "Sky" gaming technology.
CSG projects 50,000 new players through the development of over 100 poker portals. Considering a revenue share of 25-30% on a sliding scale based on volume, revenues from 50,000 players may be significant.
"This agreement with Charity Satellite Gaming will allow us to capture significant market share in the online gaming space," said Charles Green, Intelimax Media CEO. "By utilizing a 'Cause-Related' marketing strategy, CSG will be able to tap into a new market. The idea of online poker tournaments as a fundraiser is a new and unique concept. CSG will add significant critical mass to our established and growing poker network, increasing revenues accordingly," added Green.
About Intelimax Media Inc.
Intelimax Media Inc. (http://www.intelimax.com) is an Internet services company focusing on online games, web content and advertising. Using its' proprietary gaming and PPC listing platforms, Intelimax has released its own proprietary web properties and social network applications. The core Intelimax web property is Gamboozle.com(TM).
About Charity Satellite Gaming
Charity Satellite Gaming is dedicated to helping Non-Profit Organizations use high quality Poker Tournaments for fundraisers. CSG will simplify the process, and drastically reduce the cost, thereby maximizing the benefits to the charitable cause.
Gamboozle.com(TM) (http://www.gamboozle.com) is an entertainment site focused on providing free gaming content and subscription based services. Gamboozle.com(TM) brings fun, entertaining and compelling content online. This includes exciting casual games, fantasy sports, multi player poker and free prizes. Gamboozle.com(TM) is a free site that offers users over $10,000 a month in prizes.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Intelimax or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Intelimax's products, the competitive environment within the industry, the ability of Intelimax to continue to expand its operations, the level of costs incurred in connection with Intelimax's expansion efforts, economic conditions in the industry and the financial strength of Intelimax's customers and suppliers. Intelimax does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
SOURCE Intelimax Media Inc.