SOURCE: Social Media Ventures, Inc.

June 23, 2010 08:00 ET

Social Media Ventures Hires IAB Media for Its Securities Awareness Campaign

JERICHO, NY--(Marketwire - June 23, 2010) -  Social Media Ventures, Inc. (PINKSHEETS: SMVI), announced today that it has engaged the services of IAB Media, Inc. to help manage its securities awareness campaign and create informational content for investors.

"We have an exciting company and given IAB Media's experience in the industry, I believe that they are ideally suited to share our story and news with the investment community," said Robert W. Thayer, CEO of Social Media Ventures.

The initial task of IAB Media will be to manage all disclosure requirements and the company's securities awareness campaign. IAB will be compensated with the issuance of 4 million restricted shares of Social Media Ventures.

IAB Media is a digital media marketing company located in Montreal, Canada. The company is composed of a corporate branding and a video production team that builds websites, writes content, and creates digital advertising and videos for clients. In addition, IAB has agreements with several partners to create, aggregate and disseminate their content. IAB operates several websites, including Newsletters and an online financial community forum aimed at providing financial information to money managers, individual investors and analysts. For more information visit www.itsallbull.net.

About Social Media Ventures, Inc.
Social Media Ventures (SMVI) is an online media venture company, creating and acquiring niche social networking websites as well as revenue generating websites. SMVI will integrate an online advertising program that focuses on attracting advertisers to its core demographics for each social networking site. Currently SMVI operates next-generation social networking sites including www.petsplaces.com and www.rocktag.us.

Forward-looking statements:
This press release contains certain forward-looking statements, which are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements of future goals or expectations, containing words such as "expect," "believe," "should," "anticipate," "intend," "plan," "may," "will" or similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks, uncertainties and assumptions that are difficult to predict and that could cause actual results to differ materially from those currently anticipated. Factors that could cause or contribute to such differences include, but are not limited to, the successful completion of acquisitions and the integration of such businesses with those of the Company, competition, technological changes, the ability to obtain financing and other factors. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.

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