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SMVI News out!!!!
SMVI Launches Free Discount Pet Prescription Card, PetsPlacesCard.com




JERICHO, NY -- (Marketwire) -- 02/01/10 --

Social Media Ventures, Inc. (PINKSHEETS: SMVI) is pleased to announce that beginning today it will distribute online its free drug discount card for pets. The card is exclusively for pet owners and can be used by members of the Company's social networking site for pet owners, PetsPlaces.com ( www.PetsPlaces.com). The drug discount card is now available at www.petsplacescard.com


Members of PetsPlaces.com, as well as interested consumers, will be able to simply print the card from www.PetsPlacesCard.com and present the card at participating pharmacies to receive a discount

Discounts will be available for pet prescription medications only and savings will vary



Robert W. Thayer, CEO of SMVI, stated, "PetsPlacesCard.com is a great service for any pet owner. This card can be very valuable in helping alleviate the high costs for anyone purchasing pet prescription medication from their participating pharmacy. Potentially, it can prove to be an excellent revenue-producing offering for SMVI. I like the fact that it is free for our members as well as others who care for their pets."


On all types of veterinary services combined, including medical treatments and anything else spent at vet offices, such as boarding and medications, pet owners spend $19 billion annually; nearly double from 11.1 billion in 1996, according to the American Veterinary Medical Association (AVMA). SMVI hopes to capitalize on this growing market with the launch of its pet drug prescription card at www.PetsPlacesCard.com


Any individual that purchases prescription drugs for their pet is eligible to use the card. The discount pet drug card is completely free and provides SMVI with $0.50 per transaction for anyone using the discount drug card for their pet. The card was made possible through an agreement signed with Management of SMVI and a drug discount card provider