Toronto, Ontario & New York, New York--(Newsfile Corp. - May 27, 2015) - Intertainment Media Inc. (OTCPINK: ITMTF) (TSXV: INT) (FRA: I4T) ("Intertainment" or "Company") is pleased to announce that TranzActive (www.tranzactive.com) the new marketing brand for Intertainment's Ortsbo division, specializing in the management & development and technology assets as well as assisting start-ups and emerging growth companies, has signed an initial agreement with 2306619 Ontario Inc. operating as Precision Fight Gear ("PFG"), an organization that has developed a patented accelerometer technology to measure and display telemetry in the Boxing and Fitness industry. PFG owns US Patent 5723786, issued March 3, 1998, which explicitly covers the measurement of impact through the use of boxing gloves and reporting of data through a wireless system. PFG has developed key wearable computer technology around the patent that will connect to computers, tablets, mobile phones and smart watches.

Under the agreement, TranzActive will represent PFG for all its capital market programs and liquidity events as well as manage PFG's intellectual property and all marketing and partnership programs. TranzActive will receive fees and equity participation as part of the business arrangement.

The impact of this technology on the fitness industry as well as the amateur and professional fight industry is potentially immense as users flock to add computerized bio feedback to their everyday lives.

"This is among our first agreements under the TranzActive banner to assist start-ups and emerging growth companies in the Internet technologies and clean-tech industries," said Mr. Anthony R. Pearlman, President & COO of Intertainment Media Inc. "PFG is an exciting opportunity in the sports and fitness wearable computing industry supported by intellectual property, making it a perfect fit for TranzActive."

According to Business Insider (http://www.businessinsider.com/wearable-computing-market-statistics-2015-1), BI reports that the wearables market is estimated to grow at a compound annual rate of 35% over the next 5 years and that is it estimated that by 2019, 148 million units will be shipped per year in comparison with an estimated 33 million units this year. Further, Broadcom reports (http://www.broadcom.com/blog/ces/whats-the-market-size-for-wearables-bigger-than-you-think-says-ces-expert/) that from 2013 to 2014, the wearables fitness market increased an estimated 35% with a worth of approximately $1 billion in 2014.

For more information, please visit http://www.tranzactive.com/pfg/PFG-DeckV1.pdf

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 TranzActive, CapThat, theAudience, Lexifone 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

This news release contains certain "forward-looking information" within the meaning of such statements under applicable securities law, including statements relating to the expected use of proceeds of the Offering.

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.

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.

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