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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF Report: April 26, 2000
iNTELEFILM CORPORATION
(Exact name of registrant as specified in its charter)
MINNESOTA 0-21534 41-1663712
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(State or other (Commission File No.) (IRS Employer ID No.)
jurisdiction
of incorporation)
5501 EXCELSIOR BOULEVARD, MINNEAPOLIS, MINNESOTA 55416
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(Address of principal executive offices)
(612) 925-8840
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(Registrant's telephone number, including area code)
Children's Broadcasting Corporation (former name)
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ITEM 5. OTHER EVENTS.
(a) Reference is made to the Press Release issued to the public by the
Registrant on April 26, 2000, and attached hereto as an exhibit, relating to the
online availability of iNTELESource.org through webADTV.com, Inc., a subsidiary
of the Registrant.
(b) Reference is made to the cautionary statements of the Registrant,
presented in the Registrant's Form 10-KSB for the year ended December 31, 1999.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
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99.1 Press Release dated April 26, 2000.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: April 26, 2000 iNTELEFILM CORPORATION
BY: /s/ James G. Gilbertson
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James G. Gilbertson
ITS: Chief Operating Officer
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EXHIBIT INDEX
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99.1 Press Release dated April 26, 2000.
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EXHIBIT 99.1
Contacts:
Mintie Das
webADTV.com
612.925.8895
[email protected]
For Immediate Release
webADTV ANNOUNCES iNTELESource.org LIVE
The Digital Video Archiving and Retrieval Service Developed with AT&T and
Excalibur Technologies is Available to Global Advertising
Agencies and their Clients
MINNEAPOLIS, APRIL 26, 2000---webADTV.com(sm), Inc. ("webADTV"), a
subsidiary of iNTELEFILM(sm) (Nasdaq: FILM) announced today that
iNTELESource.org ("iNTELESource"), the only digital video archiving and
retrieval service designed specifically for global advertising agencies is now
available online.
Developed in December 1999, iNTELESource empowers advertising agencies
and their clients to more efficiently manage and retrieve assets from their
extensive video libraries by utilizing Excalibur and AT&T Lab technologies to
encode television commercials with specific searchable criteria such as ISCI
codes, clients, products, directors, producers and creatives. Sales and branding
efforts have been put into place after receiving positive responses from tests
completed at advertising agencies and commercial production companies.
iNTELESource is the first online tool in the larger web based platform
of webADTV, developed to be the technical platform for the advertising agency
industry by combining the digital archiving and retrieval capabilities of
iNTELESource with other proprietary tools in development.
"By coupling our industry expertise with AT&T and Excalibur
Technologies, we were able to create iNTELESource and have it fully tested and
online in only four months. We are pleased with this progress and are now ready
to see the iNTELESource service become accessible to the advertising agency
industry," said James G. Gilbertson, President and Chief Executive Officer of
webADTV.
ABOUT AT&T
AT&T Corporation is the world's premier communications and information services
company, serving more than 90 million customers, including consumers, businesses
and government. The company has annual revenues of more than $52 billion and
130,000 employees. It runs the world's
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largest, most sophisticated communications network and is the leading provider
of long-distance, wireless services and direct Internet access. AT&T operates in
more than 200 countries around the world.
ABOUT EXCALIBUR TECHNOLOGIES CORPORATION
Founded in 1980, Excalibur Technologies Corporation (Nasdaq:EXCA) is the pioneer
of innovative Knowledge Retrieval Software solutions that transform information
into knowledge. Excalibur empowers people and enables organizations to quickly
analyze, index, catalog, browse, access, search, retrieve and more easily share
all enterprise knowledge assets, be they paper, text, images or video. The
company is based in Vienna, VA. Contact Excalibur in North America at
800.788.7758.
ABOUT webADTV.com
webADTV is the online digital suite of tools that will web enable all aspects of
the global advertising process from conception of the media campaign,
production, placement and fulfillment. By providing a series of productivity
features and a wide array of e-commerce solutions designed for transactions
within the advertising community, webADTV will enhance and streamline the
business process for advertising agencies and their clients.
ABOUT iNTELEFILM
iNTELEFILM(sm) Corporation (Nasdaq: FILM) based in Minneapolis, is a leading
source of services for the television commercial production industry, offering
extensive production capability and the exclusive services of established
industry talent. iNTELEFILM intends to seek additional acquisitions to further
broaden its offering of services with the objective of enhancing overall profit
margins and leveraging its pool of talent and technical expertise to capitalize
on the convergence of short-form video content and technologies of broadband
Internet delivery systems. Individual companies managed under the iNTELEFILM
umbrella include Chelsea Pictures, New York, Los Angeles and Sydney, Australia;
Curious Pictures, New York and San Francisco; The End, Los Angeles, New York,
and London, Populuxe Pictures, New York and webADTV.com, Inc., Minneapolis.
iNTELEFILM trades on the Nasdaq National Market under the symbol "FILM."
Additional information on the company can be found in the company's filings with
the Securities and Exchange Commission and on the company's Web site at
www.intelefilm.com.
Certain statements made in this press release of a non-historical nature
constitute "forward looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1985. Such forward-looking statements are
subject to certain risks and uncertainties that could cause actual
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results to differ materially from those anticipated. Such factors include, but
are not limited to, changes in economic conditions and the risks and
uncertainties described in the Company's Form 10KSB Report as filed for year
ended December 31, 1999 with the Securities and Exchange Commission.
