Elysium to Enter $7 Billion Chiropractic Market With Acquisition of Internet Domain Name Chiropractor.net
Aggressive Timeline Set to Launch New Local Chiropractic Directory
OLDSMAR, FL--(Marketwire - December 17, 2009) - Elysium Internet, Inc. (PINKSHEETS: EYSM), a
next generation Local Internet advertising and digital media Company, today
announced that it has agreed on terms to acquire the one word generic
Internet domain name Chiropractor.net for its newest online destination.
Elysium Internet CEO Scott Gallagher commented, "We're pleased to have the
opportunity to acquire such a high quality, one word, generic domain name
as Chiropractor.net. With the Internet fast becoming the first stop for
consumers doing research, a domain name such as this one will dramatically
increase our exposure and naturally, our credibility among Internet users.
We plan to launch our newest local Internet destination via the new domain
as soon as possible. There are over 50,000 Chiropractors in the United
States and more than half of them are self-employed. Compare that to only
17,000 Podiatrists in the entire country and you can see the opportunity is
massive."
30% of the US population aged 18 and older have used a
Chiropractor. According to the US Department of Labor the Job employment of
Chiropractors is expected to increase 20% over the next ten years. Other
studies suggest that more than 20 Million Americans will seek a
Chiropractic care next year alone with costs related to lower back pain
estimated to be $60 Billion.
Gallagher continued, "We're excited to be entering a market of this size
where our performance-based local patient acquisition program will have
such a major impact. We expect the new online destination to be launched
within days and are in active negotiations with several highly experienced
Chiropractors to serve as advisor's to Chiropractor.net."
About Elysium Internet, Inc.
Elysium Internet 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 targeted
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 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: Media Inquires Contact:
Scott Gallagher
727-417-7807