TAMPA, FL, Jun 07 (MARKET WIRE) —
Elysium Internet, Inc. (PINKSHEETS: EYSM) today announced the expansion
of operations with the opening of its first ever sales center to promote
the new local search engine www.TheDirectory.com.
Elysium Founder Scott Gallagher commented, “We’re pleased to announce to
our stockholders that we have significantly expanded our business by
securing a new sales and operations center for TheDirectory.com in Tampa,
Florida. The new sales center will allow us to aggressively ramp up sales
of our recently launched local search engine www.TheDirectory.com. We’ll
be hiring at least 15 new sales related employees as well as some
operations and tech support staff members to facilitate the expansion.
The expansion should add several million in revenue to our top-line and
be immediately accretive to earnings leading to a profitable year.”
Gallagher continued, “I believe we are in the right place at exactly the
right time. Local Internet advertising is the fastest growing sector of
the multi-billion advertising market. The metrics are in our favor in a
huge way and we already own enough Internet real estate to maximize the
opportunity. Recent studies suggest as many as 97% of consumers use
online media before making an online or offline purchases. Yet less than
half of the small businesses in the US even have a website, let alone an
online advertising campaign. We plan to fill that void for small
businesses by leveraging the traffic of www.TheDirectory.com network as
well as our relationships with Google and other local players to increase
the ROI of our SMB Clients. We’ve secured partnerships with several local
Internet Companies that have received well over $50 Million in VC
Financing and are generating over $100 Million in annual sales, which
proves that local works. These relationships will allow us to increase
revenue immediately while we target our sales efforts on specific markets
based on our domain portfolio and internal revenue expectations.”
Elysium Internet, Inc.
Elysium Internet is an emerging leader in the
local advertising, search and publishing space. The Company is building 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 http://www.TheDirectory.com/, http://www.Podiatrists.com/,
http://www.Chiropractor.net/, http://www.Psychiatrists.com/,
http://www.Pediatricians.com/, and others. For more information visit the
Company web site http://www.ElysiumInternet.com/. Review the Company’s
filings with the Securities and Exchange Commission at http://www.SEC.gov
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 in forward-looking statements. Forward-looking
statements are based on estimates and opinions of management at time the
statements are made.
Contact:
Media Inquires Contact:
Scott Gallagher
727-417-7807
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