SOURCE: Elysium Internet, Inc.

Elysium Internet, Inc.

December 07, 2009 07:00 ET

Elysium Internet Releases Aggressive Strategic Initiatives Aimed at Increasing Its Sales Channel and Growing Subscriber Base

Company Outlines Key Milestones Achieved During Past 12 Months

OLDSMAR, FL--(Marketwire - December 7, 2009) - Elysium Internet, Inc. (PINKSHEETS: EYSM), a next generation Local Internet advertising and digital media Company, today released a list of aggressive strategic initiatives aimed at dramatically increasing both its revenues and customer base over the next 12-months.

Scott Gallagher, Founder and CEO of Elysium Internet, Inc., stated, "The past year has been an exciting one for our Company. Our business model has evolved immensely with the changes in technology and market trends, we've weathered the fast changing financial marketplace and we're a better Company today because of it. Our plans for growth going forward take into consideration both the challenges and the opportunities we see in the marketplace today. We have a very specific plan in place that, we believe, will enable us to take advantage of today's challenges to build a stronger and better Company. We genuinely believe that the combination of our digital assets, our people and today's technology will allow us to grow our customer base and increase our market share in a major way, very quickly."

Strategic Initiatives Poised for the Next 12 months:

--  Elysium will change its name to "TheDirectory.com, Inc." to more
    accurately reflect its new performance based business model. The name
    change will correspond with the launch of a new local professional search
    engine, initially targeting the health care niche under the brand
    TheDirectory.com.
    
--  Podiatrists.com will complete the change of its business model to a
    performance based local model that guarantees customer value as no other
    Company can.
    
--  Elysium will launch six additional one word niche professional
    directories during 2010. All of the new online destinations will operate
    under the new performance based directory model.
    
--  Elysium expects to partner with or acquire several key dot com and dot
    net Internet domains to build new niche directories. The company is
    currently in talks with several individuals and Companies regarding
    potential deals. New directories will be monetized immediately under the
    new model.
    
--  Based on reoccurring numbers and expected new business, Elysium
    expects its operations to turn cash-flow positive during first quarter of
    2010.
    
--  Elysium plans to resume fully reporting status based on its positive
    cash flow during 2010. The Company would then require one year of filings
    to seek an OTCBB listing.
    

Key Milestones Achieved During Past 12 months:

--  Upgraded the Company's reporting status on Pinksheets.com.
--  Successfully exhibited Podiatrists.com's local Internet directory
    nationwide at 16 industry trade shows.
--  Surpassed 1,000th directory network listing.
--  Increased customer listing distribution channel with the launch of
    several new online niche directories.
--  Acquired several strategic domain names for development.
--  Secured organic page one ranking on major search engines for 7 niche
    online health care directories.
--  Improved its professional digital site builder product.
--  Positioned the Company for massive growth in the online local
    advertising market for several high growth niche markets by implementing
    one of a kind business model for local Companies.
--  Entered into several strategic partnerships with major Internet
    Companies including Godaddy.com and others.
--  Generated record top line sales during 2009.
    

About Elysium Internet, Inc.

Elysium Internet is an emerging leader in the direct navigation/Internet advertising 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.Dietitians.net, www.Auditors.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.

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.

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