CUMMING, Ga., June 2, 2004 (PRIMEZONE) -- PlanetLink Communications, Inc. (OTCBB:PLKC), a provider of satellite-based products and services, announced today that it has made another key addition to its executive management team. Mary Hitt will serve as the Company's Director, Finance and Accounting. The Company recently announced that is has also appointed Sharon Cooper as Executive Vice President and Chief Operating Officer.
Ms. Hitt brings a wealth of experience in financial reporting and budget development with her as she has thirty years of experience in finance. Ms. Hitt has served as Chief Financial Officer and Financial Projects Managers for several companies through her financial services consultancy. She has also served as Vice President of Finance and Administration for a home goods retailer as well as being Owner/Principal Officer of Hitt & Associates.
"I am pleased to join PlanetLink at this point in the Company's development. PlanetLink's expansion strategy creates the need for more extensive financial planning and I am looking forward to providing that structure and oversight for them," stated Ms. Hitt.
Mr. Dewey Bain, PlanetLink CEO added, "We feel that Mary Hitt will be a valuable addition to our executive management team as she has had extensive experience in designing financial frameworks for young growth companies."
About PlanetLinks Communications, Inc.
PlanetLink Communications, Inc. recently launched its TransTRAK product through its wholly owned subsidiary, PlanetTRAKS. The Company is developing a family of GPS-enabled products and services under the PlanetTRAKS name. TransTRAK 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 allows the customer to actively monitor and manage virtually any type of mobile asset.
For more information please contact:
Laurel Moody, Sky Investor Relations, 212-440-5000, laurel@skyir.com
Safe Harbor Statement
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.
For more information on PlanetLink, please visit the company's Web site at: http://www.plcweb.net