September 9, 2008
Elysium Internet Launches New Industry Portal Podiatrists.Com
Elysium Internet, Inc. (OTCBB: EYSM), a next generation Internet advertising and new media Company, today announced that it has launched its fourth professional Directory: www.Podiatrists.com. The new site is expected to become the leading online destination for information and discussion of all matters relating to Podiatry and Podiatrists globally.
Elysium Internet CEO Scott Gallagher commented, "We're pleased to announce the launch of our Podiatry Industry portal under the www.Podiatrists.com brand. The new Industry Portal gives the 16,000 or so Podiatrists operating in the US affordable access to the most important keyword domain name in their industry. Internet marketing experts agree that direct navigation traffic is highly coveted and generates superior conversion rates than traditional pay per click or PPC traffic. By owning the top search keywords in the Industry, Podiatrists.com and our entire directory network receive millions of direct navigation search inquiries each and every year. In addition to the Podiatrists.com directory marketing solutions we've created a totally automated and affordable web solution that allows Podiatrists to fully mange their Podiatrists.com web site 24/7 and gain new customers."According to IDC, total U.S. Internet ad spending in the fourth quarter of 2007 (4Q07) grew nearly 28% over the same quarter in 2006 to $7.3 billion. For the full year 2007, online ad revenue grew 27% year over year to $25.5 billion.
IDC research also found that Google's net U.S. market share declined for the first time in two years due to slower growth in domestic fourth quarter sales. The market leader's net U.S. Internet advertising market share was down 0.5 percentage points to 23.7% last quarter compared to 3Q07.
These statistics validate our belief that direct navigation-based Internet directories will continue to grow at an accelerated rate over the coming years. Elysium's goal is to become a leader in the targeted directory space.
About Elysium Internet, Inc.
Elysium Internet, Inc.'s (OTCBB: EYSM) domain assets and directories include: www.Podiatrists.com, www.Auditors.com, www.Pediatricians.com, Psychiatrists.com, www.Therapists.net 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. Elysium Internet, Inc. also owns 51% of Local Jobs, Inc. and 51% of Dice Ventures, Inc. Review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov.
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: Scott Gallagher CEO 727-417-7807 Email Contact
SOURCE: Elysium Internet, Inc.