Tuesday, March 01, 2011 9:39:13 AM
http://www.marketwire.com/press-release/TheDirectorycom-Sequential-Revenue-Surges-More-Than-56-as-Company-Books-4th-Consecutive-1403714.htm
ernet, Inc.
Mar 01, 2011 09:36 ET
TheDirectory.com Sequential Revenue Surges by More Than 56% as Company Books 4th Consecutive Month of Top-Line Growth
TAMPA, FL--(Marketwire - March 1, 2011) - Elysium Internet, Inc. DBA www.TheDirectory.com (PINKSHEETS: EYSM), an emerging leader in the Local Business Search Market , today announced that its month over month top-line revenue grew by more than 56% from January to February. The Company also completed its 4th consecutive month of revenue growth.
www.TheDirectory.com Founder and CEO Scott Gallagher commented, "I'm extremely pleased with our operating results for February and that we've now booked our 4th consecutive month of revenue growth, even during a short month. Our daily revenue actually grew by even more at a rate of 73.8%. Our call volume, appointments and network traffic for the month of February were all the highest we've ever recorded and we fully expect March to be even better." Gallagher continued, "We're beginning plans for our next shareholder conference call which we expect to occur in mid-April to coincide with our Q1 earnings report. By that time we'll have enough of an operating history to provide a revenue and profit target range for the full year as well as thoroughly review our Q1 operating 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.
Media Inquiries Contact:
Scott Gallagher
727-417-7807
Email Contact
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