SOURCE: Elysium Internet, Inc.

Elysium Internet, Inc.

April 21, 2009 07:00 ET

Elysium Internet Partners With the World's Largest Domain Services Company GoDaddy.com to Power TheDirectory.com Internet Business Services

OLDSMAR, FL--(Marketwire - April 21, 2009) - Elysium Internet, Inc. (PINKSHEETS: EYSM), a next generation Internet advertising and new media Company, today announced that it has partnered with Industry leader www.GoDaddy.com to power the beta version of its Internet business services web site www.TheDirectory.com.

Elysium Internet Founder and CEO Scott Gallagher commented, "We're pleased to work with a world class Company like www.GoDaddy.com to offer best in class Internet services and cutting edge products to our fast growing customer base at www.TheDirectory.com as well as our 15 vertical online destinations. While we've worked with www.GoDaddy.com for years in regards to managing our considerable Internet domain portfolio, expanding the relationship to integrate Go Daddy's products and services into www.TheDirectory.com allowed us to launch the business services beta version of the site quickly and efficiently."

Gallagher continued, "A paradigm shift is under way in the local media space as illustrated by the recent bankruptcy filing of US yellow page publisher Idearc and the bankruptcy filings of major newspapers across the country. By contrast the $4.6 billion local online ad market is expected to continue to be a major growth area for years to come (http://www.emarketer.com/Report.aspx?code=emarketer_2000431)."

"With Elysium's premier dot com and dot net Internet destinations, proprietary Internet business solutions and partnership with www.GoDaddy.com we feel our Company is very well positioned to increase our market share and turn profitable during 2009. We have a very conservative fixed cost structure, a scaleable and efficient technology platform that allows us to move quickly and take advantage of the opportunities being created as a consequence of the economy and the challenging credit situation."

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About Elysium Internet, Inc.

Elysium Internet is an emerging leader in the local direct navigation/Internet media 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.Pediatricians.com, www.Auditors.com, www.Therapists.net, www.TheDirectory.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 or www.PinkSheets.com.

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.

Contact Information

  • Media Inquires Contact:

    Scott Gallagher
    727-417-7807
    Email Contact