SOURCE: Elysium Internet, Inc.

Elysium Internet, Inc.

May 06, 2011 09:34 ET Enters Into Exclusive Partnership With

TAMPA, FL--(Marketwire - May 6, 2011) - Elysium Internet, Inc., dba (PINKSHEETS: EYSM), an emerging leader in the local business search and advertising market, today announced that it has entered into an exclusive partnership with local pay-per call provider Founder and CEO Scott Gallagher commented, "We're very excited to announce as our exclusive pay per call partner for our local directories. The agreement will open new revenue channels and search categories for as well as a number of our other local search sites. Additionally, the new local listings and categories will increase the monetization of existing local search queries throughout our network in markets where we do not have a presence. "

Gallagher continued, "We're also very pleased to announce to our stockholders that we have secured an additional 30 day extension (June 15th) from certain debt holders who agreed to continue the freeze on all stock conversions. We'll seek additional extensions after we complete the month of May. We fully expect May to be our 7th consecutive month of top line growth. Lastly, we've recently received an unsolicited offer from an investment group seeking to acquire We're investigating the offer and will release additional comments when our investigation is completed."

About Elysium Internet, Inc.

Elysium Internet, Inc., DBA, is an emerging leader in the local advertising, search and publishing space. The Company operates a direct navigation-based Internet advertising network anchored by its local business search engine Elysium builds targeted professional directories over category killer Dot Com and Dot Net domain names such as,,,, and others. For more information visit the Company web site Review the Company's other filings on

Forward-Looking Statements

Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). Elysium Internet, Inc. cautions that the statements made in this press release constitute forward-looking statements and not guarantees of future performance, and actual results or developments may differ materially from projections made. Forward-looking statements are based on estimates and opinions of management at time the statements are made.

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