Social Media Ventures Signs Website Development and Marketing Agreement for PetsPlaces.com
October 21 2010 - 8:00AM
Marketwired
Social Media Ventures, Inc. (PINKSHEETS: SMVI) announced the
execution of a web development and marketing agreement with the DPM
Group, Inc, to advertise, develop and enhance the pet social
networking portal, PetsPlaces.com (www.PetsPlaces.com). The
agreement calls for the DPM Group, Inc. to market PetsPlaces.com
through its email marketing distribution channels, as well as
create additional content and online games for the popular online
pet community. Targeted markets include the more than 70 million
pet owners in the United States.
SMVI CEO Robert W. Thayer stated, "Social Media Ventures is
pleased to announce this milestone web-developmental agreement for
PetsPlaces.com, with our experienced marketing partner, the DPM
Group. We are hoping this agreement will begin to increase our
membership base by utilizing the sophisticated email marketing
campaigns provided by the DPM Group as well as provide the site
with significant upgrades in services offered. By increasing our
membership base, we hope to increase the valuation of
PetsPlaces.com and develop a significant source of advertising
revenue from PetsPlaces.com."
According to the American Pet Products Association for 2010, it
estimated that $47.7 billion will be spent on our pets in the
United States alone.
The DPM Group, Inc. will utilize its experience by developing an
email marketing and advertising program for PetsPlaces.com to
attract new pet owners to its website. Both companies will work
together to develop new services, such as online games and mobile
phone content, for PetsPlaces.com. The DPM Group will share in the
ad revenue generated through PetsPlaces.com if certain milestones
in membership are met, showing their commitment to the success of
this marketing venture.
About Social Media Ventures, Inc.
Social Media Ventures (SMVI) is an online media venture company,
creating and acquiring niche social networking websites as well as
revenue generating web sites. SMVI will integrate an online
advertising program that focuses on attracting advertisers to its
core demographics for each social networking site. Currently SMVI
operates two social networking sites; www.petsplaces.com and
www.rocktag.us.
About the DPM Group, Inc.
The DPM Group, Inc. is a private company specializing in the
marketing and advertising of products and services online. The
company currently operates and supports the IR Success Team, that
provides online investor relations and outbound call center
services to publicly traded companies; www.irsuccessteam.com
Forward-looking statements:
This press release contains certain forward-looking statements,
which are made pursuant to the "Safe Harbor" provisions of the
Private Securities Litigation Reform Act of 1995. Statements of
future goals or expectations, containing words such as "expect,"
"believe," "should," "anticipate," "intend," "plan," "may," "will"
Or similar expressions reflecting something other than historical
fact are intended To identify forward-looking statements, but are
not the exclusive means of identifying such statements. These
forward-looking statements involve a number of risks, uncertainties
and assumptions that are difficult to predict and that could cause
actual results to differ materially from those currently
anticipated. Factors that could cause or contribute to such
differences include, but are not limited to, the successful
completion of acquisitions and the integration of such businesses
with those of the Company, competition, technological changes, the
ability to obtain financing and other factors. The Company
undertakes no obligations to revise or update any forward-looking
statements in order to reflect events or circumstances that may
arise after the date of this press release.
Contact: Social Media Ventures, Inc. www.socialmv.com Email:
ir@socialmv.com Tele: (516) 204-4843
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