SMVI Social Media Ventures Inc (CE)

Social Media Ventures, Inc. (PINKSHEETS: SMVI) announced that the company has signed an agreement with Innovative Holdings, Inc. to develop and launch a new web directory. The web directory will be featured at SMVI's social networking site, PetsPlaces.com (www.PetsPlaces.com). Innovative Holdings will create a directory of pet shops, veterinarians, pet groomers and pet walkers that will be launched through the pet social networking site. The web directory will provide interested pet related businesses with the ability to list their company name, address and description to members of PetsPlaces.com.

SMVI CEO Robert W. Thayer stated, "I understand the interest and need of web sites offering directory submission which are industry specific. Searching the web for specific services or goods from a specific industry, can be time consuming. I am excited that we are constructing a new pet oriented web directory for our members at PetsPlaces.com. I believe this is a great step forward in building an online service that should attract new members and more importantly, create a new advertising revenue channel for PetsPlaces.com."

Web Directories can play an important role in bringing traffic to a blog or website. Management believes there are always a need for quality directory web sites, especially for certain niche markets such as the pet market. SMVI is interested in providing an adequate platform for professional pet services, where they can come and post links of their web sites. This new directory will serve this essential purpose. Mr. Thayer continued, "As the pet market in the United States continue to grow, I believe I have found a great partner to develop this new pet web directory service with. As this agreement provides Innovative Holdings with a percentage of the advertising revenue earned through new pet directory, illustrating their commitment and belief in the success of this project."

The PetsPlaces.com web directory is expected to launch in the next 30-60 days.

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.

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