VANCOUVER, Jan. 12 /PRNewswire-FirstCall/ - Intelimax Media Inc. ("Intelimax" or the "Company") (OTCBB:IXMD) is pleased to announce the release of Intelimax "Sky" on Gamboozle.com(TM), which is the Company's brand new proprietary subscription model gaming platform. The new platform continues to offer free content to new and existing members while offering premium content to paying subscribers which generates monthly recurring revenues. By offering a subscription to members for access to premium content, the Company will create significant revenues while enjoying continual growth in subscriptions and additional revenues from advertising. Intelimax will begin to convert its existing captive market of 100,000 members.
"By completing the development of the Intelimax Sky platform and subscription model software, we are about to realize the significant revenue potential of our business. Our launch of the new model on the Gamboozle website is just the beginning of a fresh business model in an already lucrative and growing online market. When you consider the consistent growth of the Internet and continued explosive growth of gaming online, I feel we are poised to realize a significant breakthrough in revenues," said Charles Green, CEO.
Along with the release of the new subscription software is the addition of a new poker platform, enhanced fantasy sports system, casual games platform, social network and the GRN - Gamboozle Referral Network. Kathy Vrabeck of Electronic Arts has said that by the end of 2010 the casual gaming industry will be a $13.5 billion market. Add that to the lucrative poker market, $24b (Christianson Capital Advisors) and fantasy sports market $1b currently (FSTA) and you are looking at an industry reaching into the $30-40 billion mark.
In an effort to cement our place in the market, Intelimax will be adding social aspects to the Gamboozle website. "Due to the social nature of the game of poker, the addition of social networking features seemed obvious. Considering the success of sites like Facebook and MySpace, we are convinced that any Internet website moving forward will require features that enable the growth of a thriving community. When you combine this social model with a lucrative referral system, the power of the word of mouth becomes an invaluable marketing tool." said 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).
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 the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results, including potential revenues, may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Intelimax Media Inc.'s filings with the United States Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
SOURCE Intelimax Media Inc.