Recurring Revenue Authors: Zakia Bouachraoui, Yeshim Deniz, Elizabeth White, Pat Romanski, Xenia von Wedel

News Feed Item

Intertainment's Ortsbo(TM) Builds Senior Management Team

Leader in Real-Time Online Translation Technologies Gears Up for Pending Corporate Spin Out

NEW YORK, NEW YORK and LOS ANGELES, CALIFORNIA and SAN MATEO, CALIFORNIA and TORONTO, ONTARIO -- (Marketwire) -- 03/28/12 -- Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) announces that its social media, real time, experiential communications platform, Ortsbo.com ("Ortsbo") has made a number of important additions to its executive ranks as it prepares for operations as an independent company. The new hires, coming from some of North America's most prominent technology and entertainment companies, fulfill many critical management roles in the company's technical, customer support, communications and business development areas, among others.

Leading the team is Patrick Bultema, who moves from interim-President to Ortsbo's President, will report to David Lucatch, CEO of Ortsbo and Chief Executive Officer of Intertainment Media. Bultema brings over 30 years of experience leading emerging high-tech companies as an executive, investor, board member and corporate advisor. Prior to joining Ortsbo, Bultema was CEO of Internet software company CodeBaby as well as a venture partner with vSpring Capital, CEO of XAware, and CEO of FrontRange Solutions.

A noted author and speaker, Bultema is recognized as one of the leading experts in online customer experience and customer management. He has held positions as founder and Executive Chairman of Knowlix; Chairman and General Manager for the Help Desk Institute (then a Ziff-Davis company); and was founding Executive Editor of Customer Support Management magazine. Patrick holds a Bachelor's degree from California State University and a Master's from Princeton.

Also strengthening Ortsbo's management ranks are three new operational, non-executive officers, all reporting to Patrick Bultema:

--  Bill Auvil, joining as Vice President of Customer Operations. Auvil has
    extensive experience in technical support, customer services, client
    relations, marketing and sales. He comes to Ortsbo from FrontRange
    Solutions where he was Vice President of Global Support Services,
    overseeing the daily operations and development of that company's global
    technical product support, customer care and maintenance renewals. He
    has also held senior management positions at Sykes Enterprises Inc. and
    IBM, and has served on CRM industry boards at Customer Support
    Management magazine and the Help Desk Institute.

--  Mance Harmon, who becomes Vice President of Technology and Products.
    Harmon has a track record in innovative R&D and strategy formation, with
    experience in cloud operations, Web applications, mobile apps and
    platforms, machine learning and artificial intelligence. Harmon has been
    the founder/CEO of two successful technology companies, BlueWave
    Security and Trio Security, and has held senior technology leadership
    positions as Symbol Technologies (Motorola) and the Missile Defense
    Agency. Harmon also served as an instructor of computer science at the
    U.S. Air force Academy and as a research scientist in machine learning
    at Wright-Patterson Air Force Base. Mance holds a Master's Degree from
    the University of Massachusetts (Amherst). 

--  Jacqueline Saltzer-Lamb, Vice President of Corporate Communications.
    Saltzer-Lamb has worked at a number of leading information technology
    and financial services companies and has an extensive background in
    strategic, corporate and executive communications. She joins Ortsbo from
    her post as Director of Global Product and Technology Communications at
    eBay. Prior posts include senior corporate communications positions at
    Charles Schwab, Oracle, PeopleSoft, FrontRange and Novell. Jacqueline
    holds a Bachelor's Degree from the University of California at Santa

Ortsbo has also hired four new managers at the senior director and director levels:

--  Leemon Baird, Senior Director of Research and Advanced Technology. Most
    recently Baird was co-founder and CTO of BlueWave Security, and Senior
    Researcher at the Academy Center for Cyberspace Research at the U.S. Air
    Force Academy. Previously he was co-founder and CTO at Trio Security,
    and Director of Security Engineering at Symbol Technologies (Motorola)
    and a professor of computer science at the US Air Force Academy. Leemon
    holds a PhD in computer science from Carnegie Mellon University. 

--  Chris Peterson, Director of Digital Properties. Peterson, an Emmy-
    nominated digital producer and product developer, joins Ortsbo from MTV
    Networks where he held a variety of online production positions on the
    Nickelodeon Digital, The N Digital and Noggin teams. Prior to MTV,
    Petersen did project management, design and Web development for Lazard
    Asset Management and Net Technologies. Chris holds a Bachelor's Degree
    from Savannah College of Art and Design.

--  Matthew Grotenstein, Director of Language Services. A translation
    industry veteran, Grotenstein brings over 10 years of experience
    including a prior position as U.S. Business Development Director for CLS
    Communication, one of the world's largest language translation
    providers. He serves as chairman of Red T, a translation industry non-
    profit organization. Matthew holds a Bachelor's Degree from Fordham
    University in New York City.

--  Alex McCallum, Director of Business Development. McCallum has deep
    background in business development and joins Ortsbo from Research In
    Motion (RIM) where he was Director, Consumer Alliances, helping
    companies build effective go-to-market and business strategies for their
    businesses. Prior to RIM, McCallum worked for TD Bank Financial Group.
    Alex holds a Bachelor's and Masters Degree from Wilfrid Laurier

"The global market for Ortsbo services is showing immense promise. It's critical that we put together the right people to sustain that momentum in the months and years ahead, and these executives will help us do just that," stated Patrick Bultema, Ortsbo President. "I'm looking forward to working closely alongside David Lucatch, our CEO, who will be an active part of our operations strategic leadership and development of the business."

"Ortsbo is in a very exciting and challenging phase as it invests in the resources it needs to hit the ground running as an independent entity," said David Lucatch, Ortsbo CEO. "We're thrilled that we have been successful at attracting such experienced and accomplished professionals to our management team. This is truly an all-star group of individuals-each has had notable success in the past and will be bringing that acumen and energy to the tasks ahead of them at Ortsbo."

As its corporate spin out continues, Ortsbo is expected to announce several additional executive hires later this Spring. It will be transitioning its corporate headquarters to Los Angeles, California in the next several months.

About Ortsbo.com

Now with over 100 million unique users in over 170 countries and territories, Ortsbo (www.ortsbo.com) enables real-time conversational translation for more than 50 languages. Ortsbo's flagship product for social media supports global communications with instant translation capability and real-time, multi-lingual social media chat. Ortsbo's technologies support major social platforms including MSN, Google, Facebook, Twitter and Yahoo!, as well as all major desktop and mobile operating systems, browsers and devices. Ortsbo, based in Toronto and with offices in Los Angeles and New York, is a subsidiary of Intertainment Media (www.intertainmentmedia.com).

On February 28, 2012, Intertainment Media announced that Intertainment and its Board of Directors have reviewed various options for the spin out of its subsidiary Ortsbo Inc., and have elected to proceed with a transaction structure that it believes will be the most favorable to the current security holders of Intertainment. For further information, please refer to Intertainment Media's announcement filed at www.sedar.com.

About Intertainment Media Inc.

Headquartered in both Los Angeles, CA and the Toronto, Canada area, with additional offices in New York and San Mateo, CA, Intertainment Media, Inc. (www.intertainmentmedia.com,) is a Rich Media Applications leader focused on delivering leading edge technology and marketing solutions that enable clients to power enhanced branding, loyalty initiatives and consumer engagement. Intertainment Media is based in Toronto, Canada, and owns and operates a number of key properties including Ortsbo, Ad Taffy, itiBiti and Magnum.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

This release may contain forward looking statements within the meaning of the "safe harbor" provisions of US laws. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. Intertainment Media Inc. does not assume any obligation to update any forward looking information contained in this news release.

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.

Ortsbo / Intertainment Media Inc.:
David Lucatch, CEO
800-395-9943 / 905-763-3510
[email protected]

Ortsbo / Intertainment Public Relations / Media Inquiries:
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...