Dec 21 2009
Elysium Internet, Inc. (PINKSHEETS: EYSM), an emerging leader in local performance based advertising and digital media, today announced that it has launched a new local Chiropractor directory under its recently acquired brand www.Chiropractor.net. The Chiropractic market in the United States alone is estimated to be worth $7 billion a year.
Elysium CEO Scott Gallagher, stated, "Today we take another step towards our goal of becoming the leader in local advertising for small and medium sized US based businesses by expanding our performance based business into the $7 billion US Chiropractic market. We estimate that more than half of the roughly 60,000 chiropractors in the US are self employed with 3 or less employees. These businesses, as well as larger practices, will greatly benefit from our performance based model that has already generated thousands of appointments for Podiatrists, Dietitians and Therapists all over the country during 2009."
Gallagher continued, "We expect the launch of www.Chiropractor.net to have a positive impact on both revenue and earnings during Q1 and the full year of 2010 as we aggressively expand the size of our target market and build on the gains of www.Podiatrists.com. We're continuing discussions taking an opportunistic approach to the current market regarding additional acquisitions of synergistic Internet brands and properties that will help position us as the leader in local advertising and online media."
SOURCE: Elysium Internet, Inc.