Contact Information: Contact: Scott Gallagher CEO 727-417-7807
Elysium Internet Closes Biggest Domain Acquisition in Its History
Company Plans to Launch Online Brands Pediatricians.com, Psychiatrists.com and Podiatrists.com Within 30 Days
| Source: Elysium Internet, Inc.
OLDSMAR, FL--(Marketwire - May 29, 2008) - Elysium Internet, Inc. (OTCBB : USBF ) (Pending
name change), an emerging direct navigation Internet media Company, today
announced that it has closed the acquisition of Pediatricians.com,
Psychiatrists.com and Podiatrists.com in a deal valued at $1 Million US.
Elysium Internet Chairman and CEO Scott Gallagher commented, "With today's
domain acquisitions we have added three of the best currently available dot
com domains in the directory space to our growing portfolio. We
successfully launched Therapists.net a short time ago. The site nearly
surpassed our internal revenue projections for the month in its first full
day of operations. We'll be launching Auditors.com in the next week or so
and then look to launch Pediatricians.com, Psychiatrists.com and
Podiatrists.com all by the 4th of July." Gallagher continued, "Having our
first 5 directories running and generating cash will enable us to continue
to seek out accretive category killer domains like those acquired today,
build our Internet real estate portfolio, grow our cash flow and provide
significant value for our stockholders."
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, Pediatricians.com, Psychiatrists.com,
Podiatrists.com, SECLawyer.com and many more. The Company is focused on
developing the Internet's leading local directory Company. Elysium is also
in the process of developing several proprietary direct navigation ad
platforms. For additional information about Elysium Internet, Inc.
(Currently US Biodefense, Inc. pending a name change) 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.