Nov 6 2009
Elysium Internet, Inc. (PINKSHEETS/exchange>: EYSM), a next generation Local Internet advertising and digital media Company, today announced the launch of two new online destinations www.PodiatristSites.com and www.LocalPhysician.com as the company seeks to expand its portfolio of health related online destinations.
Elysium CEO Scott Gallagher commented, "We're pleased to announce the expansion of our online health network with the launch of www.PodiatristSites.com and LocalPhysician.com and complete the transition of our business model. The new sites will improve the distribution of both the lead generation and digital media sides of our business. Recent changes to our business model have resulted in an increase of the user base of Podiatrists.com of around 10 percent in just the past few weeks. In addition, launching www.LocalPhysician.com will open several new health verticals for us including Dentists and Chiropractors. Our research shows that our new lead generation business model will be well received as we expand into these new markets." Gallagher continued, "With the launch of www.PodiatristSites.com we have now completed the separation of our web development business and online local directory business as part of our transition to a performance based lead generation business model that should quickly accelerate the growth of our user base."