SOURCE: Elysium Internet, Inc.

Elysium Internet, Inc.

January 11, 2010 07:00 ET

Elysium Internet Announces Campaign to Add 1,000 Independent Sales Associates Covering the Entire United States

Company Announces 2010 Sales Range of $10 to $15 Million and Estimates Full Year Net Income Range of $2 to $4 Million

TAMPA, FL--(Marketwire - January 11, 2010) - Elysium Internet, Inc. (PINKSHEETS: EYSM), an emerging leader in Local Internet advertising, today announced plans to hire at least 1,000 independent sales associates covering all 50 states to meet its estimated 2010 sales range of $10 to $15 Million Dollars with $2 to $4 Million in net profits.

Elysium Internet Chairman and CEO Scott Gallagher commented, "With more than 12.5 million Americans currently unemployed and millions more looking for quality jobs, we see an enormous opportunity to tap this huge pool of human capital to both accelerate the growth of business and help hundreds and possibly even thousands of Americans get back to work. With an independent sales force of 1,000 or more associates in every US state, we're confident we can meet or exceed our stated 2010 sales range of $10 to $15 Million with profits between $2 and $4 Million."

Gallagher continued, "We're setting up a new jobs web site for prospective sales associates to apply online. The new website www.LocalDirectoryJobs.com will go live this Friday January 15, 2010. We'll be looking to fill positions in the top 50 US cities with a maximum of 10 associates in each city first, than fewer associates in smaller cities and towns. We feel our goal of $10 to $15 Million in sales for 2010 is very conservative based on our internal forecasting of our current directory business. There's no question or debate regarding the $20 Billion market opportunity in local advertising, it's simply about execution and business model. We think we've created the right business model, assembled the right Internet assets and now it's down to execution. We've solved the local advertising problem by fusing human capital and best of breed technology to create our industry leading patient acquisition program. The final piece is having enough 'shoes' on the ground to effectively support our plans nationwide."

About Elysium Internet, Inc.

Elysium Internet is an emerging leader in local performance-based Internet advertising. Elysium builds targeted professional directories over Industry specific Internet domain names like: www.Podiatrists.com, www.Chiropractor.net, www.Psychiatrists.com, www.Pediatricians.com, www.Auditors.com, www.Therapists.net, www.TheDirectory.com and others. For the most current information, visit the Company web site www.ElysiumInternet.com or review the Company's public filings with the Securities and Exchange Commission at http://www.SEC.gov or www.OTCBB.com.

Forward-Looking Statements

Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). Elysium Internet, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.

Contact Information

  • Media Inquires Contact:

    Scott Gallagher
    727-417-7807
    Email Contact