Intelimax signs LOI to enter asian market

VANCOUVER, Nov. 9 /PRNewswire-FirstCall/ - Intelimax Media Inc. ("Intelimax" or the "Company") (OTCBB:IXMD) is pleased to announce the signing of an LOI with Canada Business Network Services, Inc. ("CanBiz") to represent Intelimax in Southeast Asia as its Market Advisor and Intermediary for the purpose of developing new business opportunities in that region.
"We are optimistic that signing this LOI with CanBiz will open doors and opportunities in the largest and fastest growing Internet market in the world, Southeast Asia.", said Charles Green, CEO. "Also, southeast Asia is home to the world's largest social networking site, QZone. In January 2009, Tencent, China's largest Internet service portal, reported that Qzone had over 200 million users. Access to this huge market will open significant business opportunities."
CanBiz will provide multiple services to Intelimax starting with introductions, networking and business development services to expand and execute on business opportunities in the Philippines. CanBiz will also pursue business development in the growth and management of industry specific web content, portals, media and advertising. Intelimax will work with CanBiz in the development of project and business opportunities that are a strategic fit for the furtherance of the Company's goals and growth objectives.
CanBiz will also assist Intelimax in discussions and preliminary negotiations with private persons or firms, local government units, national government agencies, nongovernment organizations, people's organizations, community groups and all other parties that may be partners, regulators, stakeholders or beneficiaries of or in any of the considered projects.
Once specific business has been identified in the region, Intelimax will sign a binding Services Agreement that outlines the terms of the arrangement of services between Intelimax and CanBiz.

About Intelimax Media Inc.

Intelimax Media Inc. (www.intelimax.com) is an Internet services company focusing on online games, web content and advertising. Using its' proprietary gaming and PPC listing platforms, Intelimax has released its own proprietary web properties and social network applications. The core Intelimax web properties are www.gamboozle.com and www.climateseek.com.

About Canada Business Network Services Inc.

Canada Business Network Services Inc. (CanBiz) is a consulting firm in Market Advisory and Intermediary services, specializing in bridging business and career opportunities tailored to meet the special needs of our clients. We bridge the knowledge and expertise gap for North American companies looking to expand to ASEAN countries, particularly the Philippines, Singapore, and Indonesia.
Our clients include companies and individuals in banking & finance, education, entertainment and events, IT and software companies, real estate development, outsourcing and human resources, tourism & hospitality, manufacturing, and environmental services.

Forward-Looking Statements:

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Intelimax Media Inc.'s filings with the United States Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

SOURCE Intelimax Media Inc.