SOURCE: SourcingLink.net Inc.

SourcingLink.net Inc.

January 19, 2012 10:00 ET

SourcingLink.net Inc. (SNET.PK) Signs Agreement With Hollywood Entertainment Company "The Philip Group"

LAKE FOREST, CA--(Marketwire - Jan 19, 2012) - SourcingLink.net Inc.'s (PINKSHEETS: SNET) subsidiary Alliance Auto Group signs Luxury share agreement with the Philip Group. The Philip Group, an established entertainment company with offices located in the Edmonds building in the heart of Hollywood, CA, will use the membership for clientele and staff who will utilize Alliance Auto Group luxury share vehicles as transportation instead of renting or leasing vehicles through traditional means, giving them the opportunity to experience multiple types of vehicles at a fraction of the cost.

Valerie Paige, CEO of SourcingLink.net Inc., stated, "This agreement will give us a presence in Hollywood, CA, with The Philip Group, and also make vehicles available for other members in the immediate area. The Alliance Auto Group luxury share membership is for anyone looking to experience a luxury vehicle without the hassles."

About SourcingLink.net:

SourcingLink.net Inc. is a holding company based in Orange County, California. Through its subsidiaries the Company is engaged in car share and automobile membership services. These services allow members access to a fleet of vehicles at a fraction of the cost of ownership and renting, and provides flexibility that leasing doesn't.

Our motto is, "Why Experience one, when you can drive them all?"

SourcingLink.net, Inc. trades on the Over the Counter Market under the stock ticker symbol SNET.PK.

For more information visit the Company's website at: www.sourcinglinknet.com and www.allianceautogroup.com

Forward-Looking Statement

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact Information

  • Contact Info:

    Valerie Johnson Paige
    CEO
    SourcingLink.net Inc. (SNET.PK)
    27 Orchard Road
    Lake Forest, CA 92630
    Phone: 949-328-6650
    Email: Email Contact