SMVI Signs Agreement for Free Discount Pet Prescription Card for PetsPlaces.com
26 January 2010 - 12:30AM
Marketwired
Social Media Ventures, Inc. (PINKSHEETS: SMVI) is pleased to
announce that it is has signed an agreement for a discount drug
prescription card, exclusively for pet owners, for the Company's
innovative social networking site for pet owners, PetsPlaces.com
(www.PetsPlaces.com).
The discount pet drug card is completely free and made possible
by an agreement executed by Management of SMVI with a discount drug
card provider. The card, which will be available through
PetsPlaces.com, will provide savings for pet owners whose pets
require prescription medication. The agreement provides SMVI with
$0.50 per transaction for anyone using the discount drug card from
PetsPlaces.com and its affiliate sites.
"This card provides fantastic savings for our pet owners at
PetsPlaces.com, whose pets require prescription medications," said
Robert W. Thayer, CEO of SMVI. "We are excited about the potential
revenue that can be generated from the use of this card at
PetsPlaces.com. We are very hopeful that this card, which will be
free, will create a new, sustainable revenue model for
PetsPlaces.com in this upcoming New Year."
The card will be available in the next 30 days through a URL
link provided by SMVI, through PetsPlaces.com. Consumers will be
able to simply print the card from their home or office computer,
and present the card at participating pharmacies to receive a
discount. Discounts will be available for pet prescription
medications only and savings will vary.
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 next-generation social networking sites including
www.petsplaces.com and www.rocktag.us.
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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