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Elysium CEO, Scott Gallagher, stated, "We're very excited that we can now say with confidence that we'll be ready to launch version one of LocalPhysician.com on September 1st. LocalPhysician.com immediately doubles the markets currently served by our Company and gives us a total of 25 local directories. With LocalPhysician.com we're adding local directories for Dentists, Chiropractors, OBGYNs and more. In addition we're creating another local marketing channel for our current client base of Podiatrists, Dietitians, Psychiatrists and Therapists."
Gallagher continued, "Elysium is positioning itself to become the leader in vertical online local search. We see Local search as a huge relatively untapped opportunity. The yellow page ad model has become virtually irrelevant. The newspaper model is failing with many major players in or near bankruptcy. Yet Internet searches continue to grow. Current estimates say as much as 60% of all online activity is related to local content. With over 14 billion searches a month in the US alone this is a huge market opportunity for Elysium."
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About Elysium Internet, Inc.
Elysium Internet is a next-generation new media Company. 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.Pediatricians.com, www.Dietitians.net, www.Therapists.net and others. For more information visit the Company web site www.ElysiumInternet.com. Review the Company's quarterly, annual and other filings 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, earnings growth, and general economic conditions affecting consumer spending. 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: Media Inquires Contact: Scott Gallagher 727-417-7807 Email Contact
SOURCE: Elysium Internet, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=31DA210724723247
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