SOURCE: Social Media Ventures, Inc.

January 12, 2011 17:01 ET

Social Media Ventures' PetsPlaces.com Announces New Marketing Agreement With the Popular Dog Website, DiningWithDogs.com

JERICHO, NY--(Marketwire - January 12, 2011) - Social Media Ventures, Inc. (PINKSHEETS: SMVI) is pleased to announce that it has entered into a joint-marketing agreement between DiningWithDogs.com and SMVI's popular pet social networking site PetsPlaces.com.

PetsPlaces.com will use DiningWithDogs' unique online service of providing pet owners with supporting dog-friendly restaurants to all of its members. As seen on TV, the DiningWithDogs website (www.DiningWithDogs.com ) finds, lists and reviews restaurants that allow dog owners to bring their dog with them as they dine. The site encourages dog owners everywhere to submit reviews of dog-friendly restaurants in the United States. The website has recently been featured on KABC-TV in Los Angeles.

PetsPlaces.com will provide members with the opportunity to submit and provide reviews of pet friendly restaurants through banners and links at its website and DiningWithDogs.com will promote PetsPlaces.com through active links and banners at its respective website.

"DiningWithDogs.com provides a great service for dog owners everywhere. The site looks terrific and I am excited to promote this service for our members," stated Robert W. Thayer, CEO of SMVI.

Liz Laud, Owner of DiningWithDogs, stated; "How wonderful it is for all dog owners to have the opportunity to enjoy www.PetsPlaces.com. I am thrilled that www.DiningWithDogs.com and www.PetsPlaces.com have entered into this partnership."

The DiningWithDogs.com links will be implemented within the next 30 days for members of PetsPlaces.com to enjoy.

About DiningWithDogs.com:

The DiningWithDogs website was created to provide dog owners with a list of dog friendly restaurants. Every dog friendly restaurant has a different dog policy and the exact policy is listed under every restaurant on its website. Patrons are encouraged to provide a review of each dog-friendly restaurant they patronize. Registration is free.

Website: www.DiningWithDogs.com

About Social Media Ventures, Inc.

Social Media Ventures (SMVI) is an online media venture company, creating and acquiring niche social networking websites as well as revenue generating web sites. SMVI will integrate an online advertising program that focuses on attracting advertisers to its core demographics for each social networking site. Currently SMVI operates the social networking site www.PetsPlaces.com.

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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