SOURCE: Brazil Interactive Media, Inc.

October 18, 2013 12:27 ET

Brazil Interactive Media Adds Industry Veterans to Senior Management Team

MIAMI, FL--(Marketwired - Oct 18, 2013) -   Brazil Interactive Media, Inc. (OTCQB: BIMI) (the "Company" or "BIM"), a Brazil-based, interactive TV entertainment, production and broadcasting company, today announced the addition of several new key members to its senior management team.

Daniel Luiz Kaestli was appointed head of the Company's primary Brazilian operating subsidiary, EsoTV, Ltda. Mr. Kaestli now oversees the Company's day to day operations including broadcasting, media negotiations, administration, finance, and personnel at EsoTV. He will also serve on Brazil Interactive Media's management committee and advise on strategic planning. His past experience includes tenure as CEO of the Watermelon Group, Brazil's largest VAS Integrator and Executive Manager for TV SBT, Brazil's largest provider of interactive connectivity. He has also served in various management capacities with RBS Group, Brazilian telecommunications giant Claro S.A. and Springer Carrier S.A., a subsidiary of Midea Group. His work has resulted in winning prestigious industry awards such as "Tela Viva Móvel Award" (2009, 2011). Mr. Kaestli earned an undergraduate degree in Electrical Engineering from the Universidade Gama Filho, Rio Janeiro and MBA in Finance and Marketing from Pontificia Universidade Catolica, Rio Grande do Sul.

Brazil Interactive Media also announced that Gilberto Latoreira has been appointed Content Director EsoTV Ltda. His responsibilities include directing new product development and production supervision of the Company's daily, live television programming. Mr. Lattoeira has more than 20 years' experience in the Brazilian television industry as creative director, director, editor, television host and journalist for a wide variety of Brazilian broadcasting companies including; Rede Brasil, Rede Globo, SBT, TV da Gente, Canal de São Paulo, and TV Corinthians. He has degrees in Business Administration and Journalism from the São Judas Tadeu University in São Paulo, Brazil.

Brazil Interactive Media CEO Tim Psomiadis stated, "We are thrilled to have added two well respected industry professionals to our senior management team. As we continue our evolution into a multi-faceted interactive media company with multiple revenue streams, adding individuals of Daniel and Gilberto's caliber will be key to our execution and overall success." 

About Brazil Interactive Media, Inc.

Brazil Interactive Media, Inc. is a U.S. holding company and the parent of Brazil Interactive Media Participações Ltda., which through its wholly-owned subsidiary, EsoTV Ltda., combines live television broadcasts with a telecommunications component to create live, interactive programming for the Brazilian marketplace. Through its platform, the Company manages the entire process from concept to national broadcast and monetizes call traffic generated for telecommunications providers. For more information, programming and air times, please visit www.bzinteractive.com.

Forward Looking Statements
This news release contains "forward-looking statements" which are not purely historical and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

Contact Information