SOURCE: Elm Technologies Inc.

June 05, 2007 09:45 ET

FSBO Media Holdings Enters Into Sales and Marketing Agreement With Elm Technologies Inc.

Introduces First Workforce Model Software-as-a-Service to $200 Billion/Year Long-Term Care Market

CORAL SPRINGS, FL--(Marketwire - June 5, 2007) - FSBO Media Holdings, Inc. (PINKSHEETS: FSMH) and ELM Technologies (ELM) announced today they have entered into a sales and marketing agreement to deliver the first human capital optimization Software-as-a-Service capability for the $200 billion a year Long-Term Care industry.

"The implication of this offering to long-term care facilities is immense," said Steve Bazsuly of FSBO. "All long-term care providers are dependent upon having the right number of caregivers to meet the needs of their residents. The current shortage of nurses and other healthcare professionals can impact both the quality of care and the cost for these services. The ELM solution provides new efficiencies in scheduling caregivers that lowers costs and maintains the quality of care."

With proven success and references, ELM Technologies' proprietary software optimizes and supports long-term care provider organizations' most valuable operational resource: their human capital. ELM provides the exclusive rights to market the GENERATOR™ solution from EmLogis, Inc. to long-term care facilities as a Software-as-a-Service.

Software-as-a-Service (SaaS) is the world's fastest growing technology industry delivering computing capabilities as a utility to reduce costs, increase efficiency and provide anywhere anytime access to business critical information. 30% - 40% of the world's businesses and population are expected to get their software and computing capabilities as a service within 5 to 6 years (source: Gartner).

"We are excited to partner with FSBO," said Martin Estill, ELM board member and CEO of EmLogis. "Our unique offering delivers hard dollar savings to healthcare providers while simultaneously increasing the caregiver's satisfaction with their work schedules. These benefits are provided without compromising the quality of care provided to residents."

FSBO Marketing and Investor Support:

Under the terms of the agreement, FSBO will provide marketing and sales support for the promotion of ELM's proprietary software to investors and the industry. FSBO will also receive an equity interest in the company as part of the compensation package. ELM Technologies is located in Houston Texas and has approximately 3000 active shareholders.

No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements

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