Contact Information: Contact: Scott Gallagher CEO 727-417-7807
Elysium Internet Announces Plans to Launch Price Comparison Search Engine CheaperPharmacy.com
| Source: Elysium Internet, Inc.
OLDSMAR, FL--(Marketwire - June 9, 2008) - Elysium Internet, Inc. (OTCBB : USBF ) (Pending
name change), an emerging direct navigation Internet media Company, today
announced plans to launch CheaperPharmacy.com, a comparison search engine
of prices in the health space in mid to late July.
Elysium Internet Chairman and Chief Executive Officer Scott Gallagher
commented, "We plan to position CheaperPharmacy.com as a leading price
comparison search engine initially through the rollout of our premium
health related directories; www.Therapists.net, Pediatricians.com,
Psychiatrists.com and Podiatrists.com. In January of this year the health
category received 437 million online visitors, with 87 Million unique
visitors. These statistics coupled with the aging baby boom population and
weak US economy illustrate the ongoing need for clarity of pricing in this
hugely important online sector."
Jupiter research estimates that the market for indirect or Internet
influenced sales of health products and services will grow to $11 Billion
by 2010. The average annual US household spend in the health and beauty
category is in the range of $2,900 per year, and 71% browse multiple online
stores prior to completing a purchase.
About Elysium Internet, Inc.
Elysium Internet, Inc. (OTCBB : USBF ) (Pending name change) is an emerging
direct navigation online media Company. Its domain assets include:
TheDirectory.com, www.Therapists.net, Auditors.com, Pediatricians.com,
Psychiatrists.com, Podiatrists.com, LocalAttorney.net, LocalOBGYNs.com,
LocalPhysician.com, eBoxing.com and many others. The Company has developed
a proprietary direct navigation directory platform and local search
platform. For additional information go to 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.