Contact Information: Contact: Scott Gallagher CEO 727-417-7807
Elysium Internet Launches New Web Site; Adds New Directors
| Source: Elysium Internet, Inc.
OLDSMAR, FL--(Marketwire - May 15, 2008) - Elysium Internet, Inc. (OTCBB : USBF ) (Pending
name change), an emerging direct navigation Internet media Company, today
announced that it has launched a new Corporate web site at
www.ElysiumInternet.com to provide investors with streamlined access to
information relating to its ongoing development. In addition the Company
announced that it has named two new members to its board of directors.
Elysium CEO Scott Gallagher commented, "I'm pleased to announce that Dave
Rasmussen and W. Scott McBride have both accepted board positions with the
Company. They both bring significant talent and resources in the areas of
corporate development and the public markets and will be instrumental in
our development going forward." Gallagher continued, "In addition, I expect
the process of our formal name change and ticker symbol change to be
completed in the near term. We'll keep investors informed of the process,
related industry developments and other items of interest on our blog at
www.ElysiumInternet.com/blog."
About Elysium Internet, Inc.
Elysium Internet, Inc. (OTCBB : USBF ) (Pending name change) is an emerging
direct navigation online media Company. Its domain assets include:
TheDirectory.com, Therapists.net, Auditors.com, SecuritiesAttorney.net,
SECLawyer.com, NevadaLawyer.com, LocalAttorney.net, LocalOBGYNs.com,
LocalPhysician.com, Passenger.net, eBoxing.com, TheFund.net and many
others. The Company is in the process of developing several proprietary
direct navigation ad platforms. For additional information go to
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.