SOURCE: Social Media Ventures, Inc.

December 09, 2010 07:30 ET

Social Media Ventures Reports Increase in Percentage of Visits to PetsPlaces.com That Come From Search Engines

JERICHO, NY--(Marketwire - December 9, 2010) - Social Media Ventures, Inc. (PINKSHEETS: SMVI) is pleased to announce that its social networking portal, www.PetsPlaces.com, has experienced an increase in visits directly from search engines as well as an increase in the amount of time members are spending on the pet site this past month, according to www.alexa.com.

PetsPlaces.com continues to attract new members and attention. According to www.alexa.com, PetsPlaces.com has experienced an increase of 18% of global Internet users who visit the site through search engines illustrating the amount of interest and attention the site is now attracting. Also, this past month the site had a 37% increase in the average time each member stays on the site.

The pet market has been proven to be essentially recession proof. U.S. Pet Market Outlook 2010-2011 provides essential insights into the U.S. pet market overall as well as each of its four core categories -- veterinary services, pet food, non-food pet supplies, and other pet services (grooming, boarding, training, etc.) -- while predicting sales to rise from $53 billion in 2009 to over $70 billion in 2014, with strong demand for products and services that both enhance pet health and pamper lifting many boats.

"We are moving to position Petsplaces.com to become one of the premier destinations for pet enthusiasts online. This is our goal for the next six months. And we are still moving forward with our plan for the marketing program that should increase our membership dramatically with the goal of making the site a revenue producing, social networking portal for SMVI. The more members we have, the more advertisers we attract to make this a successful endeavor for SMVI and at the same time provide our online pet community with a very enjoyable experience," stated Robert Thayer, CEO of Social Media Ventures, Inc.

About Social Media Ventures, Inc.

Social Media Ventures (PINKSHEETS: 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 its 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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