Contact Information: Media Inquires Contact: Scott Gallagher 727-417-7807
Elysium Internet Enters Partnership With IAC's Leading Online Local Lifestyle Guide Citysearch.com
| Source: Elysium Internet, Inc.
OLDSMAR, FL--(Marketwire - August 6, 2009) - Elysium Internet, Inc. (PINKSHEETS : EYSM ), a
next generation Internet advertising and new media Company, today announced
that it has entered into a strategic partnership with Citysearch.com, a
leading online local lifestyle guide and operating business of www.IAC.com.
IAC/InterActiveCorp is a two billion dollar, NASDAQ traded, multinational
Internet Company with more than 50 world-class brands serving more than 30
countries with sites like Match.com, Ask.com and the recently acquired
Dictionary.com.
Elysium Internet Founder and CEO Scott Gallagher commented, "2009 has been
an exciting and productive year for us in terms of launching new online
destinations, expanding our product offering, acquiring strategic domain
names for future development and growing our existing customer base year
over year in the low triple digit range. Partnering with an industry leader
in online local media and search like www.Citysearch.com owned by a Company
like IAC, I think, substantially expands both the exposure and revenue
opportunities available to our local directory clients across all of our
vertical markets nationwide. The increased distribution channel allows us
to continue and grow both the value proposition we provide to our
customers, as well as the new revenue opportunities and profits this
relationship may generate for our company in the future."
www.Citysearch.com is owned and operated by IAC/InterActiveCorp and
generates over 14 million unique users a month while representing 18
million businesses and has over 75,000 locales in its database.
About Elysium Internet, Inc.
www.ElysiumInternet.com is an emerging leader in the local direct
navigation/Internet media space. The Company is building a direct
navigation based Internet advertising network. Elysium builds professional
directories over category killer Dot Com and Dot Net domain names such as
www.Podiatrists.com, www.Psychiatrists.com, www.Pediatricians.com,
www.Auditors.com, www.Therapists.net, www.TheDirectory.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 or www.PinkSheets.com.
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 Company 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.