Contact Information: Contact: Scott Gallagher CEO 727-417-7807
Elysium Internet Launches First Online Brand, Therapists.net
Company Plans to Launch Next Online Brand, Auditors.com in the Coming Weeks
| Source: Elysium Internet, Inc.
TAMPA, FL--(Marketwire - May 12, 2008) - Elysium Internet, Inc. (OTCBB : USBF ) (Pending
name change), an emerging direct navigation Internet media Company today
announced that it has officially launched its Therapeutic Directory under
its online brand www.Therapists.net.
Elysium Internet Chairman and CEO Scott Gallagher commented, "After many
months of hard work we're very pleased to announce the launch of our first
online directory brand www.Therapists.net. Our new platform will allow us
to launch 2 to 4 Industry specific online directories each month for the
next two years or so as we build Elysium into a leader in the local ad
space. Our directories are designed so users can retrieve usable, relevant
and above all local information without the noise of billboard directories
and pure pay per click sites. In addition each directory will be
content-rich allowing users to research specific topics and advertisers,
ask questions to professionals, receive topic updates and much more."
Gallagher continued, "The online ad market is expected to grow by 23% in
2008, according to eMarketer, even with the current economic slow down.
Borrell Associates recently predicted that online ad spending will triple
over the next five years to $22.8 billion from $8 billion in 2007. We
believe the local space will continue to grab a larger piece of the pie and
user focused, local online brands like ours will lead the way."
About Elysium Internet, Inc.
Elysium Internet, Inc. (OTCBB : USBF ) (Pending name change) is an emerging
direct navigation online media Company. Publicly traded FTS Group (OTCBB : FLIP ) owns 60% of the Company. Its domain assets include: TheDirectory.com,
Therapists.net, Auditors.com, SecuritiesAttorney.net, SECLawyer.com,
NevadaLawyer.com, LocalAttorney.net, LocalOBGYNs.com, LocalPhysician.com,
Passenger.net, eBoxing.com, TheFund.net and many others. The Company is in
the process of developing several proprietary direct navigation ad
platforms. For additional information about Elysium Internet, Inc. please
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.