VANCOUVER, Sept. 4, 2012 /CNW/ - Intelimax Media Inc. ("Intelimax" or "the Company") (CNSX:IMD) & (OTCPink:IXMD) is pleased to announce that further to its news release on June 26, 2012 the Company has successfully completed the final testing phase of its Fantasy Sports platform on its web property DraftTeam.com.
DraftTeam.com is now offering a variety of customizable public and private entry fee contest options for its members to play, in addition to regular weekly free roll tournaments. DraftTeam.com charges a management fee on all entry fees that are collected on the website.
The DraftTeam.com website offers daily and weekly fantasy sports games for the four major sports in North America, which includes NFL, NBA, NHL and MLB. The DraftTeam fantasy sports platform is designed to cater to the ever growing fantasy sports enthusiasts and those players looking for opportunities to enter tournaments on a daily and weekly basis.
"We are very excited about the introduction of entry fees to our daily fantasy sports web property DraftTeam.com, which in turn generates revenues from management fees charged on each individual tournament played. Since launching the platform just a few short weeks ago DraftTeam.com has already grown into a community of several hundred members. Our timing for growth couldn't be better with football season right around the corner, which typically accounts for over 70% of all fantasy sports revenues," said Michael Young, President.
About Intelimax Media Inc.
Intelimax Media Inc. (www.intelimax.com) is an Internet media services company focusing on fantasy sports, social media, advertising and web content. Using its' proprietary Social Media Platform, Intelimax currently offers daily fantasy sports on its web property DraftTeam.com.
For and on behalf of the board of Intelimax Media Inc.,
Michael Young, President & Director
Forward Looking Statements:
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 ability of the Company to complete the proposed financing in whole or in part, 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.
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SOURCE: Intelimax Media Inc.
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