Social Media Ventures, Inc. Announces PetsPlacesCard.com Growth
15 March 2011 - 1:07AM
Marketwired
Social Media Ventures, Inc. (PINKSHEETS: SMVI) is pleased to
announce the company has experienced growth in the number of pet
owners utilizing its pet discount drug card at
www.PetsPlacesCard.com, during the past six months.
A number of prescription drugs are specifically designed for
pets. Many pet owners in the United States are unaware that many of
the drugs that are prescribed by veterinarians are the same "human"
drugs used by people, just prescribed with different doses. Most
pet owners can use their local pharmacy to have their veterinarian
prescriptions filled for their pets. PetsPlaces' free discount pet
drug card (www.PetsPlacesCard.com) enables pet owners to receive
discounts on prescription drugs on average from 15 to 55 percent.
Medications include antibiotics (Amoxcicillin, Azithromycin, and
Clindamycin), hyperthyroid drugs (Methimazole), pain relievers,
antidepressants (Mirtazapine, Prozac), anti-glaucoma agents
(Dorzolamide), and drugs to treat diabetes, cardiovascular disease,
and other conditions. PetsPlacesCard.com can be instantly printed
from the web and are accepted at more than 75 percent of pharmacies
nationwide.
According to the American Pet Products Manufacturers
Association, spending on pets in the U.S. increased by 5.3% and
reached $45.5 billion in 2009, and the pet medication market that
PetsPlacesCard.com participates in is estimated to be approximately
$3.7 billion. For this year, Social Media Ventures will focus on
conversion optimization through its recently announced marketing
strategy that includes advertising for PetsPlacesCard.com as well
as its pet themed social networking site;
www.PetsPlacesCard.com.
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 the social networking site
www.PetsPlaces.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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