Intelimax enters into a securities exchange agreement with Ride Media Group LLC

Intelimax enters into a securities exchange agreement with Ride Media Group LLC 
VANCOUVER, Nov. 14, 2012 /CNW/ - Intelimax Media Inc. ("Intelimax" or the 
"Company") (CNSX:IMD) (OTCPink:IXMD) is pleased to announce the Company has 
entered into a securities exchange agreement (the "Agreement") with Ride Media 
Group LLC ("Ride Media"), a California limited liability company, and the 
members of Ride Media (the "Members"), being Hardave Gill through his holding 
company, Christine Buckley, Charles Champion and Gary Sproule. Pursuant to 
the terms of the Agreement, the Company will acquire all of the issued and 
outstanding membership units (the "Membership Units") of Ride Media in 
consideration for the issuance of 12,000,000 common shares of the Company to 
the Members, pro rata their interest in Ride Media. On closing, Ride Media 
will become a wholly-owned subsidiary of the Company. 
It is a condition of closing that the Company raise a minimum of $1,000,000 in 
new funding for the Company and that a nominee of the Members', acceptable to 
the Company and applicable regulators, be appointed to the Board of Directors 
of the Company. It is a further condition of closing that the employers of 
the Members enter into a consulting agreement with the Company pursuant to 
which the Members will provide consulting services for a period of 12 months 
in order to assist the Company in developing and advancing the Ride Media 
technology and assets. Closing is expected to occur on or before December 21, 
2012. At closing, a finder's fee will be paid in connection with this 
The RIDE Media Platform: 
The RIDE Media platform referred to as "Racing's Integrated Digital 
Experience" (RIDE) is a multi-media interactive content-aggregator platform 
that aggregates a large number of sports and horse-racing applications, 
including websites and media content, into a user friendly, pre-populated but 
highly customizable user interface. The RIDE platform is a unique solution to 
grow and expand the Horse Racing Industry by attracting and engaging a more 
diversified fan base with respect to age, ethnicity and income levels. 
RIDE content will be displayed more dynamically by simultaneously showcasing 
live and on-demand rich video content, social media, real time news, event 
updates, data, games, websites, photos, charts and graphs all on a single 
display screen on various types of devices. RIDE will be highly customizable 
by the user, and will feature a dynamic user interface that will appeal to 
savvy, youthful users. 
RIDE will initially focus on Horse Racing Industry Associations' proprietary 
databases to acquire new customers, using a "Customer Referral Fee" program to 
create economic incentives for the Associations to participate in the 
program. RIDE offers three potential revenue streams including Sponsorship 
and Advertising, Transactional Revenue and Customer Referral Fees from the 
Advance Deposit Wagering (ADW). The RIDE platform is also easily transportable 
to other sports, media and business verticals with minimal additional 
infrastructure or software development costs. 
The RIDE project scope is to develop a cross platform 
(Desktop/TouchScreen/Tablet) application to launch as Racing's fully 
Integrated Digital Experience. RIDE will initially install a pre-populated 
"Novice Fan" level dashboard and will evolve into an instantly scalable 
"racing centric" platform with the ability to grow with the user as their 
desire grows for more content, more knowledge and more tools. At the same 
time RIDE will satisfy the "Sophisticated Racing Fan" by providing direct 
access to all elements of racing's extensive network of information, content 
and handicapping tools delivered to user devices in a highly customizable 
Over the next several months, RIDE will roll out its platform in three 
phases. Phase I will initially target the North American Thoroughbred Racing 
Industry. Phase II will roll-out to the International Racing community and 
Phase III will roll out to other pari-mutuel racing breeds 
(Standard-bred/Harness, Greyhound and Quarter-horse). 
"We are extremely excited about the proposed acquisition of RIDE Media", said 
Michael Young, President of Intelimax. "The addition of RIDE will complement 
the Company's existing Fantasy Sports platform, while offering its members new 
and exciting entertainment options. Conversely, the inclusion of fantasy 
sports and gaming content will appeal to the horse racing fan's demographic 
profile and will provide cross-over entertainment, referral fee and 
supplemental marketing opportunities for Intelimax." 
The Ride Media Group LLC Members: 
Charles F. Champion 
Managing Partner - Paladin Capital Partners, LLC 
Chuck Champion founded Paladin Capital Partners after successful engagements 
as Chairman and Chief Executive Officer of several U.S. publicly traded 
companies. An accomplished C-suite executive with experience in the media and 
gaming industries, Champion's business clients benefit from an extensive 
background in revenue and customer expansion. He has widely lectured on the 
use of social media in player development and has been recognized as a forward 
thinking strategic executive in the convergence of gaming, media, and gambling. 
Mr. Champion was responsible for leading from a company on the 
brink of financial failure to the largest and most successful advanced deposit 
wagering company in the U.S. horse racing industry. From 2002 to 2007, he 
transformed its Internet operations, repositioned its content offerings, 
branded its unique service and reward components, and solidified its relations 
with race content providers. Under his leadership, had more than 
three years of consecutive double-digit growth in gross revenue. Youbet, 
founded in 1997, exceeded $750 million in wagers processed in 2007. More than 
90% of the total was wagered after Champion took over as CEO in 2002. 
Prior to joining Youbet, Mr. Champion was president and publisher of the 
Internet's Access Magazine, where he increased circulation threefold in two 
years. He was senior vice president of circulation and marketing for the 
Philadelphia Inquirer from 1995-98 and was responsible for halting significant 
circulation declines. As Executive Vice President of the Chicago Sun-Times 
from 1990-95 he improved EBITDA significantly and help position the company 
for a successful recapitalization and sale. He had similar accomplishments 
serving in executive level positions with the Los Angeles Daily News and 
Freedom Newspapers, the publisher of the Orange County Register. . 
Gary Sproule
Operating Partner - Paladin Capital Partners, LLC 
Mr. Sproule has a "classic" CFO background with deep experience in accounting, 
finance, treasury, SEC financial reporting, tax, budgets, strategic planning 
and SOX. As important, he has a strong operations orientation having served 
as chief operating officer at several companies. The combination makes him a 
valuable asset for companies and/or investors looking to significantly improve 
shareholder value in turnaround, restructuring or strategic scaling situations. 
Mr. Sproule's professional accomplishments include: 

    --  Completed a major turnaround of 76 Products, a global retail
        business, and scaled the business creating $1.2 billion in
        shareholder value over a three-year period.
    --  Scaled Mobile Messenger, a mobile products company, increasing
        EBITDA from $6 million to $18 million over a 12-month period.
    --  Completed a deep turnaround and subsequently scaled, a public
        Internet gaming company, increasing the market value from $8
        million to over $185 million.
    --  Developed, implemented a turnaround strategy for Disney
        Interactive Studios, an interactive game developer/publisher,
        resulting in a 20 % increase in annual EBITDA.
    --  Negotiated and completed over $10 billion in financings, and
        completed $5 billion in M&A transactions at UNOCAL, a Fortune
        50 earth resource company.

Mr. Sproule has completed financial transactions involving private placements, 
public master limited partnerships, and secondary public offerings. He has 
installed corporate structure programs for companies anticipating liquidity 
events and implemented performance based management systems to create cultures 
of accountability and performance.

Mr. Sproule completed the Executive Management Program at Northwestern 
University, earned an MBA from Eastern Michigan University and a BA from the 
University of Wisconsin.

Hardave Gill Mr. Gill has been involved in the pari-mutuel racing industry for 
more than 30 years developing and delivering unique solutions for on-track and 
on-line products and services. A background in traditional racing technology 
services including video production, post-production for simulcast 
distribution, photo finish services, digital timing and tracking systems, 
along with new media production, user interface development and global content 
distribution networks experience, has provided Mr. Gill with a unique vision 
for technology based racing and gaming services.

Mr. Gill is a successful entrepreneur having founded and operated several 
companies in the media and racing industries including Post Time Technologies, 
Bettor Solutions and Post Time Productions.

Mr. Gill has been successful in introducing technology solutions to the racing 
industry by partnering with companies such as the Jockey Club's Equibase and 
TrackMaster, Daily Racing Form and other on-line media outlets, along with 
major racing associations such as NYRA, Churchill Downs Inc. and Magna 
Entertainment. Through various organizations Mr. Gill has also worked 
closely with racing related entities at numerous racetracks and casinos 
throughout North and South America, Asia and the Caribbean.

As President and CEO of Post Time Technologies, Mr. Gill built what is 
considered by the industry to be the leading developer of technology-based 
products and services for the global Pari-Mutuel Racing Industry.

Christine Buckley Christine Buckley has served most recently as consulting COO 
for the production house Aubade Creative LLC, where she transitioned the 
company model to include digital marketing strategies and social media. For 
14 years, she was a top executive with Lakeshore Entertainment Group. As 
senior vice president of music and business & legal affairs, Buckley managed 
business affairs operations for dozens of films, including the blockbuster 
"UNDERWORLD" trilogy and the Oscar-winning "MILLION DOLLAR BABY." A pioneer 
in the growing field of product integration, she also negotiated production 
agreements, handled all aspects of musical scores and soundtracks, managed 
delivery of films to distributors and handled business affairs transactional 
work. Before joining Lakeshore, she was executive director of the nonprofit 
Ed Garvey Sport Seminars and Institute of Sports Attorneys. A member of the 
Illinois State Bar, Buckley received a J.D. from Chicago-Kent College of Law 
and a B.A. from the University of Wisconsin-Madison in Advertising. An 
inventor who owns a patent for a nationally-distributed yoga rug, she has 
served as the vice chair of APECA, a nonprofit dedicated to preserving the 
Peruvian Amazon rainforest, and on the Midwest Advisory Board of Best Buddies, 
an organization that enhances the lives of individuals with intellectual 

The securities issued and sold in the closing of the concurrent financing will 
not be registered under the Securities Act of 1933 as amended (the "Act"), and 
may not be offered or sold in the United States absent registration, or an 
applicable exemption from registration, under the Act.

About Intelimax Media Inc.

Intelimax Media Inc. ( is an Internet media services company 
focusing on fantasy sports, entertainment, social media, advertising and web 
content. Using its proprietary Social Media Platform, Intelimax currently 
offers daily fantasy sports on its web property

For and on behalf of the board of Intelimax Media Inc.,

Michael Young, President, CFO & 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", "will", "could" and similar expressions, as 
they relate to the matters set out in this news release 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 as to the outcome and timing of such future 
events. 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 Ride Media transaction, to complete the 
proposed financing in whole or in part or to obtain the required approvals for 
the proposed transaction and proposed financing, all in a timely fashion or at 
all and general economic conditions and market risks. Intelimax does not 
undertake any obligation to update such forward-looking statements. Investors 
are also directed to consider all other risks and uncertainties. Because of 
the risks, uncertainties and assumptions contained herein, investors should 
not place undue reliance on forward-looking information. The foregoing 
statements expressly qualify any forward-looking information contained herein.

Neither the CNSX Exchange nor its regulations services accepts responsibility
for the adequacy or accuracy of this release.

Investor Relations:

Phone: 1-866-742-1759

SOURCE: Intelimax Media Inc.

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CO: Intelimax Media Inc.
ST: British Columbia

-0- Nov/14/2012 23:53 GMT

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