SOURCE: Social Media Ventures, Inc.

October 27, 2009 09:00 ET

SMVI Signs Marketing Agreement With Pet Pharmaceutical Company, Petscriptions.com

Americans Spend $51 Billion on Pets Annually

JERICHO, NY--(Marketwire - October 27, 2009) - Social Media Ventures, Inc. (PINKSHEETS: SMVI) a provider of niche social networking sites, including the unique site for pet owners, Petsplaces.com (www.PetsPlaces.com), is pleased to announce that it has signed a marketing affiliate agreement with Petscriptions.com (www.Petscriptions.com). Petscriptions.com is a provider of pharmaceuticals, medicine, and other innovative products for pets.

Petscriptions.com offers pet owners access to inexpensive pet products including medicine and pharmaceuticals. The online retailer offers direct shipments of pet pharmaceuticals and other pet supply products directly to its customers, offering customer savings on a wide array of pet medicines. All products are inspected by the Kentucky Board of Pharmacy.

Americans currently spend over $51 Billion annually on their pets, which double the expenditure from just a decade ago. Proving to be recession-proof, the market is expected to grow to $57 billion in 2010, and accelerate exponentially. Currently over 60% of Americans own pets.

According to the terms of the marketing affiliate agreement, SMVI will advertise Petscriptions.com's innovative services on the Company's unique social networking site for pet owners, (www.PetsPlaces.com).

"We are very pleased to become an affiliate partner of Petscriptions.com," said Robert Thayer, CEO of Social Media Ventures, Inc. "This partnership will hopefully open an additional revenue channel for SMVI, as well as offering users of our social networking site (www.PetsPlaces.com) added information and services for their pets."

About Petscriptions.com:

Petscriptions.com is a premier nationwide pet pharmacy on the internet and is licensed by the Kentucky State Board of Pharmacy. The Kentucky Board of Pharmacy inspects Petscriptions.com so you can rest assured that our products are not outdated and they are all approved for sale in the United States by the FDA. Petscriptions.com also has Out of State Pharmacy Licenses for most states that require it, so filling prescription medications is not a hassle. Petscriptions.com sells prescription and non-prescription medication as well as nutritional supplements. Petscriptions.com's goal is to make purchasing of pet medication and supplies simple and hassle free.

About Social Media Ventures, Inc.

Social Media Ventures (SMVI) is an online media venture company, focused on creating and acquiring niche websites designed to meet the insatiable market demand for social networking sites in the US and around the world, a demand that continues to increase dramatically. Understanding current market trends, SMVI focuses on developing unique social networking sites towards a specific demographic -- such as teenagers, pet owners, etc. The Company promotes these unique sites by integrating an online advertising campaign to attract advertisement revenue. Currently, SMVI operates social networking sites including www.petsplaces.com and www.rocktag.us.

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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