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Elysium Internet Partners With nSphere to Expand the Reach of Its Local Business CustomersNew Survey Shows Smartphone Users Who Use Local Search Apps End Up Visiting the Local Business (July 15, 2010)
TAMPA, FL -- (Marketwire) -- 07/15/10 -- Elysium Internet, Inc. (PINKSHEETS: EYSM) today announced that it has entered into a data license agreement with Boston-based local content provider www.nSphereInc.com to provide local business data to nSphere owned and operated local content sites.
EYSM CEO Scott Gallagher stated, "With over 20 million unique visitors a month to its local content network nSphere has demonstrated a unique expertise in creating highly relevant, content rich and highly ranked local web pages. The scope of our initial agreement calls for Elysium to provide local business data to nSphere's content rich local sites in the health care space. Driving increased traffic to our local businesses via content rich search results is the most efficient method of generating new customers for local businesses."
According to a recent survey by Compete.com, nearly one-third of all Smartphone owners surveyed reported calling or stopping into a local business after finding it by using a local search application.
Approximately one in three Android and iPhone owners discovered at least two new businesses in the first quarter as a result of using the local search applications on their phone.
The most popular types of information being looked for is an address, more information on a business in the area and a phone number. All of which are freely available at www.TheDirectory.com.
EYSM will be launching a new iPhone Local search app for www.TheDirectory.com expected to become available in September.
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 www.TheDirectory.com, www.Podiatrists.com, www.Chiropractor.net, www.Psychiatrists.com, www.Pediatricians.com, www.Dietitians.net, www.Auditors.com, www.Therapists.net and others. For more information visit the Company web site www.ElysiumInternet.com. Review the Company's filings with the Securities and Exchange Commission at http://www.SEC.gov
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 no 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.
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