OLDSMAR, FL -- (Marketwire) -- 07/07/09 -- Elysium Internet, Inc. (PINKSHEETS: EYSM), a
next generation Local Internet advertising and new media Company, today
announced that it has launched its first Global Niche social networking
site for podiatrists, www.DPMWire.com. In a recent report Nielsen stated
that total minutes spent on social networking sites in the U.S has nearly
doubled, increasing 83% year-over-year.
Elysium CEO Scott Gallagher commented, "www.DPMWire.com is a natural fit
for us to launch our first of many Niche Social Networking sites to our
vertical channel of professional communities over the coming months. Niche
Social media, like true local search is an area we feel is greatly needed
and substantially underserved, especially now with the pending changes to
our health care system and the massive number of baby boomers heading for
retirement. Connecting large niche communities of likeminded professionals
like Podiatrists, Psychiatrists, Pediatricians, Dietitians and others
provides a targeted venue to discuss emerging, relevant industry issues
utilizing cutting edge technologies. In addition Social Media provides an
added revenue channel for Elysium while delivering substantial value to our
existing member base."
Gallagher continued, "Initially we'll offer members of our page one ranked
online local search destination www.Podiatrists.com a free membership and
charge non members a monthly fee. We'll be launching our next social
networking location shortly to the 70,000 US dietitians."
About Elysium Internet, Inc.
Elysium Internet is an emerging leader in the direct navigation/Internet
advertising space. The Company is building a direct navigation based
Internet advertising network. Elysium builds targeted professional
directories over category killer Dot Com and Dot Net domain names such as
www.Podiatrists.com, www.Psychiatrists.com, www.Dietitians.net,
www.Auditors.com and others. For more information visit the Company web
site www.ElysiumInternet.com. Review the Company's quarterly, annual and
other filings with the Securities and Exchange Commission at
http://www.SEC.gov.
Forward-Looking Statements
Included in this release are certain "forward-looking" statements,
involving risks and uncertainties, which are covered by the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
including statements regarding the Company's financial performance. Such
statements are based on management's current expectations and are subject
to certain factors, risks and uncertainties that may cause actual results,
events and performance to differ materially from those referred to or
implied by such statements. In addition, actual future results may differ
materially from those anticipated, depending on a variety of factors, sales
and earnings growth, general economic conditions affecting consumer
spending, including uncertainties relating to global political conditions.
Information with respect to important factors that should be considered is
contained in the Company's Annual Report on Form 10-K and 10-K/A as filed
with the Securities and Exchange Commission. Readers are cautioned not to
place reliance on these forward-looking statements, which speak only as of
the date hereof.
Contact:
Scott Gallagher
727-417-7807
Email Contact