SOURCE: PlanetLink Communications, Inc.

November 01, 2007 14:42 ET

Pluginz Receives Financing Commitment for DnC Acquisition

CUMMING, GA--(Marketwire - November 1, 2007) - PlanetLink Communications, Inc. (OTCBB: PLKC) announced that a group of private investors has committed to provide the necessary financing to fulfill the cash obligations of the Planettraks acquisition of DnC. With this financing we expect to close the acquisition within the next seven business days.

Robert Lott, CEO of Planetlink and its wholly owned subsidiary Pluginz, commented, "I am extremely pleased with the speed at which we were able to get the necessary funding commitment to complete the DnC acquisition. We look forward to completing the transaction with DnC, as there are a lot of exciting new revenue streams from the products and services that will grow from the combination of Pluginz and DnC."

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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.