-- Elysium will change its name to "TheDirectory.com, Inc." to more
accurately reflect its new performance based business model. The name
change will correspond with the launch of a new local professional search
engine, initially targeting the health care niche under the brand
TheDirectory.com.
-- Podiatrists.com will complete the change of its business model to a
performance based local model that guarantees customer value as no other
Company can.
-- Elysium will launch six additional one word niche professional
directories during 2010. All of the new online destinations will operate
under the new performance based directory model.
-- Elysium expects to partner with or acquire several key dot com and dot
net Internet domains to build new niche directories. The company is
currently in talks with several individuals and Companies regarding
potential deals. New directories will be monetized immediately under the
new model.
-- Based on reoccurring numbers and expected new business, Elysium
expects its operations to turn cash-flow positive during first quarter of
2010.
-- Elysium plans to resume fully reporting status based on its positive
cash flow during 2010. The Company would then require one year of filings
to seek an OTCBB listing.
Key Milestones Achieved During Past 12 months:
-- Upgraded the Company's reporting status on Pinksheets.com.
-- Successfully exhibited Podiatrists.com's local Internet directory
nationwide at 16 industry trade shows.
-- Surpassed 1,000th directory network listing.
-- Increased customer listing distribution channel with the launch of
several new online niche directories.
-- Acquired several strategic domain names for development.
-- Secured organic page one ranking on major search engines for 7 niche
online health care directories.
-- Improved its professional digital site builder product.
-- Positioned the Company for massive growth in the online local
advertising market for several high growth niche markets by implementing
one of a kind business model for local Companies.
-- Entered into several strategic partnerships with major Internet
Companies including Godaddy.com and others.
-- Generated record top line sales during 2009.
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 Information: Contact: Scott Gallagher 727-417-7807 E-mail: