iMarketing Solutions Group Inc.

iMarketing Solutions Group Inc.

December 18, 2010 16:42 ET

iMarketing Solutions Group Inc. (Formerly Xentel DM Incorporated) Signed a Voluntary Settlement Agreement With CRTC

CALGARY, ALBERTA--(Marketwire - Dec. 18, 2010) - iMarketing Solutions Group Inc. (iMSG) (TSX VENTURE:XDM) signed a voluntary settlement agreement with the Canadian Radio-television and Telecommunications Commission (CRTC) regarding complaints related to the Unsolicited Telecommunications Rules (Rules). This settlement is an Administrative Monetary Penalty in the amount of $500,000 and resolves any outstanding complaints filed with the CRTC as of December 17, 2010. All complaints arose from calls made by iMSG's benefit events marketing business and campaigns for non-profit organizations that are not registered charities.

Certain statements in this press release may constitute "forward looking statements" reflecting our current beliefs, plans, estimates and expectations. These forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or the combined companies to be materially different from any performance or achievement expressed or implied by such "forward looking statements". Except as required by applicable securities laws, we undertake no obligation to update any forward looking statements for any reason after the date hereof to conform these statements to actual results or to changes in our expectations.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • iMarketing Solutions Group Inc.
    Caren Holtby
    Investor Relations
    416-633-4643 (FAX)