SOURCE: Elysium Internet, Inc.

May 15, 2008 10:22 ET

Elysium Internet Launches New Web Site; Adds New Directors

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 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"

About Elysium Internet, Inc.

Elysium Internet, Inc. (OTCBB: USBF) (Pending name change) is an emerging direct navigation online media Company. Its domain assets include:,,,,,,,,,,, and many others. The Company is in the process of developing several proprietary direct navigation ad platforms. For additional information go to Review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at

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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