LAS VEGAS, Nov. 4, 2009 (GLOBE NEWSWIRE) -- A profile featuring Intelimax Media Inc. (OTCBB:IXMD), a diversified Internet media company with properties in online poker, fantasy sports, carbon footprint tracking and carbon credit trading, and of interest to investors of diversified Internet content providers Google Inc. (Nasdaq:GOOG), Microsoft Corp. (Nasdaq:MSFT), eBay, Inc. (Nasdaq:EBAY)and MySpace owner, News Corporation (Nasdaq:NWS) is available at www.smallcapsentinel.com/IXMD
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Market Update: Intelimax Media Inc. announced this morning that expenditures on its' "social search engine" technology have been approved by the Canada Revenue Agency (CRA) for the Scientific Research and Experimental Development (SR&ED) cash refund and tax credit. The funds made available from the SR&ED tax credit will be used to further develop proprietary Intelimax technologies and software that can generate revenues from these new growing market sectors and trends. The approval of the SR&ED tax credit further validates the effort spent on research and development on Intelimax's proprietary social search engine technology. While the technology is not yet commercially ready, Intelimax will be launching it soon on both Gamboozle.com and Climateseek.com.
About Intelimax: Intelimax Media Inc. (OTCBB:IXMD) is an Internet media company focusing on Internet content, sales, advertising, publishing and search. Simply, the company creates revenue through the monetization of Internet traffic. Intelimax creates web properties in sectors that are being underserviced. We have indentified opportunities in several sectors and are in the process of applying our technologies to take advantage of these opportunities. We leverage our technologies where required to maximize our revenues.
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