Elysium Internet Schedules Launch of Local Search Platform

Company Also Expects to Launch Auditors.com by June 6th

OLDSMAR, FL -- (MARKET WIRE) -- 06/04/08 -- Elysium Internet, Inc. (OTCBB: USBF) (Pending name change), an emerging direct navigation Internet media Company, today announced that it plans to launch its proprietary Local Search Platform over its first 50 local city directories by July 1st. In addition Elysium plans to launch its second subscription based Internet directory brand Auditors.com by June 6th.

Elysium CEO Scott Gallagher commented, "Our majority owned subsidiary Dice Ventures, Inc. has built a state of the art platform able to monetize local search traffic by generating search engine optimized, expandable landing pages in seconds. We plan to launch the platform over 50 geo domains as city directories by July 1st. The local search channel will become our second significant revenue stream, allowing us to further leverage our directory brands for our ad partners."

Gallagher continued, "While Auditors.com is coming to market a few weeks behind our initial schedule, we believe the quality of the end product will be well worth the wait to both our users and our advertisers. Our directory platform continues to evolve and improve since the successful launch of www.Therapists.net a few weeks ago."

Elysium Internet, Inc. currently plans to launch new targeted industry specific Internet directories over its recently acquired domain names: Pediatricians.com, Psychiatrists.com and Podiatrists.com by the 4th of July.

About Elysium Internet, Inc.

Elysium Internet, Inc. (OTCBB: USBF) (Pending name change) is an emerging direct navigation online media Company. Its domain assets include: TheDirectory.com, www.Therapists.net, Auditors.com, Pediatricians.com, Psychiatrists.com, Podiatrists.com, LocalAttorney.net, LocalOBGYNs.com, LocalPhysician.com, eBoxing.com and many others. The Company has developed a proprietary direct navigation directory platform and local search platform. For additional information go to www.ElysiumInternet.com. Review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov.

Forward-Looking Statements

Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, general economic conditions affecting consumer spending, including uncertainties relating to global political conditions. Information with respect to important factors that should be considered is contained in the Company's Annual Report on Form 10-K and 10-K/A as filed with the Securities and Exchange Commission. Readers are cautioned not to place reliance on these forward-looking statements, which speak only as of the date hereof.

Contact: Scott Gallagher CEO 727-417-7807 ElysiumInternet@aol.com

2008-06-04 07:14:24 0376949 MARKETWIRE