SOURCE: PlanetLink Communications, Inc.

October 24, 2007 14:47 ET

PlanetLink Announces CEO Resigns, Robert Lott Appointed CEO

CUMMING, GA--(Marketwire - October 24, 2007) - PlanetLink Communications, Inc. (OTCBB: PLKC) announced that M. Dewey Bain will resign as CEO and Robert Lott has been appointed CEO in his place effective Monday, October 29th, 2007. Mr. Lott will also be appointed to the Board shortly as part of the agreement.

"I am grateful to the shareholders and staff for the support that was given to me while serving as CEO of Planetlink. As part of the plan to acquire Pluginz, Robert Lott will begin serving as CEO. I am sure Mr. Lott will bring tremendous value to the shareholders with his company's current revenues and the revenues of the future planned acquisitions," commented M. Dewey Bain, Chief Executive Officer of PlanetLink.

Robert Lott, CEO of Pluginz, commented, "I am extremely pleased with the shareholder response to date and I look forward to hosting a conference call for all shareholders shortly. We are currently working on a large acquisition that we hope to announce very soon. I look forward to increasing all the shareholders value as my team works to grow our annual revenues to $100 Million over the next two years through a combination of organic growth and acquisitions."

To receive future news releases from PlanetLink Communications, Inc. please email your name, address, contact information and email address to investor@planetlinkcorp.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.

Contact Information

  • CONTACT:
    PlanetLink Communications, Inc.
    Dewey Bain
    (678) 455-7075