CUMMING, Ga., May 24, 2004 (PRIMEZONE) -- In a move to build its management team in support of its product introductions, PlanetLink Communications Inc., (OTCBB:PLKC), a provider of satellite-based products and services, announced today that it is has appointed Sharon Cooper as Executive Vice President and Chief Operating Officer. Ms. Cooper, who has been a consultant to the Company since October 2002, will expand her role to build greater operational infrastructure to support sales and oversee the execution of PlanetLink's growth strategy.
Ms. Cooper has over twenty years of experience in operations, corporate development, and acquisitions, primarily in the telecommunications industry. Prior to joining the Company, she was a corporate consultant to several large firms including PlanetLink, where she served as an operational advisor. From 1997 to 1999, she served as Vice President of Corporate Development for ILD Telecommunications, where she was responsible for the acquisition and integration of several companies, the introduction of new products and services, and the optimization of the company's internal operations. Between 1981 and 1997, Ms. Cooper held several executive level positions at Metromedia Communications, which was later acquired by WorldCom. Her most recent position there was Vice President of Operations, Alternative Channels where her efforts led to a double-digit improvement in efficiencies.
"I am very excited to work with PlanetLink in a larger capacity as the company is making real strides with its new TransTRAK product. We have the potential to capitalize on growth in GPS-based tracking and I am confident that my experience in building corporate infrastructure and my background in operations will bring benefits to the company," stated Ms. Cooper.
Mr. Dewey Bain, PlanetLink President and CEO added, "We are pleased that Sharon has joined our executive management team and will support the goals of our company through her years of proven experience. As we expand the business, PlanetLink will be able to utilize Sharon's experience in the development of our expansion plans and in creating the infrastructure to support future growth."
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.
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.