CUMMING, Ga., July 10, 2006 (PRIMEZONE) -- PlanetLink Communications Inc. (OTCBB:PLKC), a provider of GPS satellite-based products and services, announced today that we have received an order for 27 units, secured by R&R Sales Group under their recently signed agent agreement with PlanetTraks.
The newest order which is for 27 units with a lumber distributor brings the total sales for R&R to 104 units since the inception of our agreement on May 9, 2006.
PlanetLink's Chief Financial Officer, Mary Hitt stated, "Since the inception of our agreement with R&R we have exceeded our projected revenues for May and June. Based on the success of R&R, we intend to continue adding new sales teams over the rest of the year to bring us closer to profitability by the end of fiscal year 2006."
M. Dewey Bain, President of PlanetLink, stated, "We are pleased to see that our strategy of acquiring sales teams versus in-house sales teams has been successful. We are beginning to realize the growth from our plans that were implemented last year. July is set to be a blockbuster month with the internal growth, R&R's sales and the licensing fees that will be generated through Karta's sales efforts."
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: www.planettraks.com
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.