CUMMING, Ga, Aug. 30, 2005 (PRIMEZONE) -- PlanetLink Communications Inc. (OTCBB:PLKC), a provider of GPS satellite-based products and services, announced today that we have recently closed two additional contracts with All My Sons Moving and Storage, a nationwide moving and storage organization.
The contracts call for installation of the TransTRAK(tm) device in trucks belonging to All My Sons and our monitoring service. The latest contracts include vehicles in Texas and South Carolina. The latest initiatives follow contracts already implemented in North Carolina, Florida and Texas. All My Sons has approximately 100 franchise locations in 30 states with approximately 500 total trucks.
Larry Lapaglia, Director of Agent Programs for PlanetTRAKS, stated that, "Shortly after the AMSA article was published, we began pilot programs with several nationwide franchise trucking lines. Those pilot programs have resulted in several new customers and present substantial short and long-term opportunities. The latest contracts with All My Sons Moving and Storage are an example of the excellent opportunities that have arisen from our affiliation with AMSA."
"We are pleased that we are in-line with our target of increased revenue each quarter. These contracts will help us beat our projected revenues for Q3 2005. Sales are growing as companies recognize the inherent value of TransTRAK(tm)," commented M. Dewey Bain, CEO of PlanetLink.
If you wish to learn more about how PlanetTRAKS and the TransTRAK(tm), system can help your company reduce operational costs and increase the productivity, efficiency and safety of your fleet, please contact Larry Lapaglia (210) 442-2404.
About PlanetLink Communications, Inc.
PlanetLink Communications, Inc. recently launched its TransTRAK(tm), product through its wholly owned subsidiary, PlanetTRAKS. The Company is developing a family of GPS-enabled products and services under the PlanetTRAKS name. TransTRAK(tm) is the first of these products and is the Company's turnkey solution for real-time, mobile asset management. From tracking vehicle speed and location in real-time to controlling vehicle functions through remote access, TransTRAK(tm), allows the customer to actively monitor and manage virtually any type of mobile asset. For more information on PlanetLink, please visit the company's Website at: http://www.planettraks.com
The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis" or "Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission. The Company will provide you with copies of this information upon request.