Contact Information: Media Inquires Contact: Scott Gallagher 727-417-7807
Elysium Internet Partners With the World's Largest Domain Services Company GoDaddy.com to Power TheDirectory.com Internet Business Services
| Source: Elysium Internet, Inc.
OLDSMAR, FL--(Marketwire - April 21, 2009) - Elysium Internet, Inc. (PINKSHEETS : EYSM ), a
next generation Internet advertising and new media Company, today announced
that it has partnered with Industry leader www.GoDaddy.com to power the
beta version of its Internet business services web site
www.TheDirectory.com.
Elysium Internet Founder and CEO Scott Gallagher commented, "We're pleased
to work with a world class Company like www.GoDaddy.com to offer best in
class Internet services and cutting edge products to our fast growing
customer base at www.TheDirectory.com as well as our 15 vertical online
destinations. While we've worked with www.GoDaddy.com for years in regards
to managing our considerable Internet domain portfolio, expanding the
relationship to integrate Go Daddy's products and services into
www.TheDirectory.com allowed us to launch the business services beta
version of the site quickly and efficiently."
Gallagher continued, "A paradigm shift is under way in the local media
space as illustrated by the recent bankruptcy filing of US yellow page
publisher Idearc and the bankruptcy filings of major newspapers across the
country. By contrast the $4.6 billion local online ad market is expected to
continue to be a major growth area for years to come
(http://www.emarketer.com/Report.aspx?code=emarketer_2000431)."
"With Elysium's premier dot com and dot net Internet destinations,
proprietary Internet business solutions and partnership with
www.GoDaddy.com we feel our Company is very well positioned to increase our
market share and turn profitable during 2009. We have a very conservative
fixed cost structure, a scaleable and efficient technology platform that
allows us to move quickly and take advantage of the opportunities being
created as a consequence of the economy and the challenging credit
situation."
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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.