Social Media Ventures Enters Into Agreement With Whitegate PR for Its Pet-themed Web Portals

JERICHO, N.Y., July 11, 2011 /PRNewswire/ -- Social Media Ventures, Inc. (PINKSHEETS: SMVI) has entered into an agreement with Whitegate PR to market its new daily deal site, PetInThe.Net (www.PetInThe.Net), a pet-themed daily deal site as well as its discount pet prescription card, www.PetsPlacesCard.com and pet-themed social networking site, www.PetsPlaces.com .

Whitegate PR is a top consumer products and services PR firm, specializing in the pet industry to deliver multi-faceted marketing and strategic public relations campaigns. Social Media Ventures and Whitegate PR have executed an agreement in which Whitegate PR will refer relevant pet product and pet service companies to Social Media Ventures.

"Obviously we want to highlight the pet business community for our pet-themed web portals that Whitegate PR has a special expertise in dealing with. We are very excited to have a company of this caliber working with us, as Whitegate PR is a successful PR company that deals with many pet companies on a daily basis," said Robert Thayer, CEO of Social Media Ventures.

The American Pet Products Association bi-annual pet owner survey provides stats on pet ownership. According to the 2009/2010 survey, 71.4 million homes have a pet – 62% of all U.S. households. And there is a lot of money to be made in the pet market. Pet Spending has been on the rise for more than 10 years. In 1994, we spent $17 billion on our furry loved ones and now we spend almost $48 billion per year. Social Media Ventures is focused on the marketing and advertising of its pet-themed social networking site; PetsPlaces.com (www.PetsPlaces.com) as well its other pet-themed portals including, 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 as well as web portals; www.PetInThe.Net and www.PetsPlacesCard.com.

About Whitegate PR

Whitegate PR is the top consumer products and services PR firm, specializing in the pet industry. We work to bring your organization's market share to the next level, via tuned in online marketing and public relations, in a cost-effective way. Whitegate PR specializes in delivering multi-faceted marketing and strategic public relations campaigns, effective in reaching target audiences to meet –and exceed – clients' goals.

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

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SOURCE Social Media Ventures, Inc.

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