SOURCE: Elysium Internet, Inc.

Elysium Internet, Inc.

May 18, 2011 09:45 ET

TheDirectory.com Signs Deal to Monetize Legal Channel: Company on Track for Seventh Consecutive Month of Top-Line Growth

TAMPA, FL--(Marketwire - May 18, 2011) - Elysium Internet, Inc. DBA www.TheDirectory.com (PINKSHEETS: EYSM), an emerging leader in the Local Business Search market, today announced that it has signed an agreement to monetize its legal related websites and that the Company is on track to post its seventh consecutive month of top line revenue growth.

www.TheDirectory.com Founder and CEO Scott Gallagher commented, "We're very excited to have entered into an agreement with www.TotalAttorneys.com to monetize our legal related search traffic. Their network of more than a thousand lawyers in a number of areas across the country will immediately increase the value of our legal related sites especially www.LocalAttorney.net and www.TheDirectory.com. As I've stated previously, the legal vertical is one that I feel will accelerate both the top and bottom line growth of our operations heading Into the second half of the year. This agreement allows us to deliver immediate value to our search users while we focus our efforts on specific regions and categories within the legal vertical."

Gallagher continued, "Just over the halfway point of May I can safely predict that we expect to post our seventh consecutive month of top line revenue growth. Our revenue is up, our call volume is up and more importantly our traffic acquisition costs are down in what will be the best quarter the Company has ever had."

TheDirectory.com has changed its legal counsel relating to its name change and will be filing the remaining documents with-in days to complete the process. The Company is nearly complete with its fiscal first quarter financials and will file them on OTCMarkets.com as soon as the accounting review is complete. Additionally, the Company will be setting its next shareholder conference call in June to review its record Q2 results.

About Elysium Internet, Inc.

Elysium Internet, Inc., DBA www.TheDirectory.com, 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 TheDirectory.com. Elysium builds targeted professional directories over category killer Dot Com and Dot Net domain names such as www.TheDirectory.com, www.Podiatrists.com, www.Chiropractor.net, www.Psychiatrists.com, www.Pediatricians.com, www.Dietitians.net, www.Therapists.net and others. For more information visit the Company web site www.ElysiumInternet.com. Review the Company's other filings on www.OTCMarkets.com.

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.

Contact Information

  • Media Inquiries Contact:
    Scott Gallagher
    727-417-7807
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