CUMMING, Ga., June 16, 2004 (PRIMEZONE) -- PlanetLink Communications Inc. (OTCBB:PLKC), a provider of satellite-based products and services, announced today that it has installed eight TransTRAK mobile locator units in vehicles operated by two large Mexican companies. The Company had previously announced that it has reached separate agreements with a major Mexican electric utility and one of Mexico's largest bus companies to test its mobile asset management systems. Installation of these eight units is the first step in testing the systems in a live environment. The mobile units communicate wirelessly with PlanetLink's proprietary tracking software to provide a wide range of information about vehicle location and behavior. The test periods are expected to last 60 to 90 days, during which time, customizations will be completed.
"There has been much preparation and development effort to bring us to this point, and it gives us a great sense of accomplishment to have our first units installed and working for these two prospective customers. Moreover, we are pleased that these companies are both very large organizations that have a combined fleet of 82,000 vehicles that need tracking devices," stated PlanetLink Communications CEO, Mr. Dewey Bain. "We could not have hoped for a better opportunity for our commercial product launch. In the coming weeks and months we will be working very closely with these prospective customers to make this testing period a success, in hopes that we can move forward with initial orders."
Although the initial test units are installed, and PlanetLink expects that the testing period will be successful, there is no guarantee that successful testing will lead to a contract.
About PlanetLink 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.
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