SOURCE: Social Media Ventures, Inc.

August 23, 2010 06:30 ET

Social Media Ventures Inc. Reports Gluckstein & Silverspoon Research to Initiate Coverage

JERICHO, NY--(Marketwire - August 23, 2010) -  Social Media Ventures Inc. (PINKSHEETS: SMVI) today announced that Gluckstein & Silverspoon Research ("GS Research") is to begin technical analysis coverage of SMVI.

"The Company's ongoing goal to convey its years of development into a potentially attractive investment opportunity for investors will be enhanced by the technical analysis coverage of GS Research," stated Robert W Thayer, CEO of Social Media Ventures Inc., who then added, "We believe that GS Research's coverage will help to ensure that our company is properly, honestly, and effectively represented to investors, media and the business community."

About Social Media Ventures, Inc:

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

About Gluckstein & Silverspoon Research

Gluckstein & Silverspoon Research is an equity research service company dedicated to increasing the visibility of innovative and growing private and public companies that represent extraordinary potential investment opportunities. Regardless of the size of the client, our research and advisory services provide additional value and assistance in realizing a company's goals, enabling it to achieve its fullest potential.

For more information about SMVI visit: www.socialmv.com

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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