subject: Intertainment Media Inc. (CVE: INT) Will $30M Cut It? [print this page] Intertainment Media IncIntertainment Media Inc. is a Rich Media Applications leader focused on delivering leading edge technology and marketing solutions that enable our clients to power their branding, loyalty and consumer engagement initiatives. By providing business programs, technologies, and lifestyle applications that create revenue driven, socially engaging platforms, the company is bringing reliable access to rich new communications media to the commercial marketplaces.
And just how much are these services worth? According to a North American investment firm, try $30 million. Intertainment has announced that its social media, real time, translation platform, Ortsbo, has received an unsolicited initial offer to facilitate the purchase of 100% of Ortsbo Inc. by a US publicly listed company. The offer is subject to due diligence, the company has said, and is currently under review.
Ortsbo was built using Microsoft's Silverlight platform and allows people to chat from a single web site in real time with their friends, colleagues and family using the world's leading social media platforms including Windows Live Messenger, Facebook, Google Talk,Yahoo, other popular systems that include QQ which provides access to the explosive Chinese market.
Ortsbo is available in over 50 languages and will also be available as a commercial private chat platform. Soon, the company has plans to roll out an email translation plug-in module for Microsoft Outlook.
And with over 387,000 unique users, over 500,000 online sessions, and more than 1 million page views generating in excess of 2.1 million minutes of user engagement, the company is helping bring the social networking experience closer to the user.
The revenue model for Ortsbo is focused primarily on contextual and display advertisement like many other social media networking sites, however, the platform generates additional revenues from the language translation services that include the Outlook plug-in.
By using the Outlook platform and the $29.95 plug-in, users can select their language and the plug-in translates all of the sender's and receiver's text for them. The lite version is available for free to individuals who register with Ortsbo, at www.ortsbo.com before November 30, 2010.
