Intertainment Media Inc. ("Intertainment") (TSX
VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) is pleased to report that it has
completed the sale of Poynt Inc. ("Poynt") to Sprylogics International (TSX
VENTURE:SPY), ("Sprylogics" or "the Company") the international provider of
innovative mobile search and messaging monetization services under the terms as
described in the previous press release dated June 3, 2013.


"We are pleased to have now finalized the sale of Poynt Inc. to Sprylogics as we
feel the transaction is currently in the best interest of Intertainment, and
positions the Company well for the future based on our ongoing interests under
the transaction." said Anthony R. Pearlman, President & COO of Intertainment
Media Inc. "We expect that the renewed Poynt foundation we have worked hard on
building will contribute to Sprylogics future plans to maximize the full
potential of the product."


Mr. Pearlman will assist with the transition to Sprylogics on an ongoing basis
and will remain the President and COO of Intertainment.


About Sprylogics 

Sprylogics International develops advanced search and analysis technology. The
patent pending technology platform uses Semantic and Machine Learning techniques
to process, analyze and interpret unstructured data including real time
conversation, in order to extract key sentiments, facts, user interests and
intent. The technology platform is currently being used to develop innovative
solutions related to search and discovery of products and places on mobile
devices. Find out more at www.sprylogics.com or www.2ya.it.


About Intertainment Media 

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
including Ortsbo, Deal Frenzy, The Sweet Card and Magnum, with investments in
leading edge technologies and social media platforms including theaudience.com,
capthat.com and Yappn.com (OTCBB: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, Los Angeles and San Mateo, CA and is listed on the TSX Venture
Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX
Market under the symbol "ITMTF". Intertainment is also traded in Europe on the
Open Market (Regulated Unofficial Market) of the Frankfurt Exchange through the
XETRA trading platform under the symbol "I4T".


Neither 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.


Cautionary and Forward-looking Statements - Statements contained in this news
release which are not historical facts are forward-looking statements that
involve risk, uncertainties and other factors that could cause actual results to
differ materially from those expressed or implied by such forward-looking
statements. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. All forward-looking statements included in this
news release are based on information available to the Company on the date
hereof. The Company assumes no obligation to update any forward-looking
statements, except as required by applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sprylogics International Corp.
David Berman
CFO
(905) 761-9200, Ext. 21
davidb@sprylogics.com
www.Sprylogics.com


Intertainment Media Inc.
David Lucatch
CEO
800-395-9943
info@intertainmentmedia.com
www.intertainmentmedia.com