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Thursday, 08/28/2003 8:08:08 AM

Thursday, August 28, 2003 8:08:08 AM

Post# of 219268
PLKC News at 8:03 this morning

PlanetLink Communications Reports Second Quarter Results


/FROM PR NEWSWIRE LOS ANGELES 213-626-5500/
TO BUSINESS EDITOR:

PlanetLink Communications Reports Second Quarter Results

- Net Loss Narrows Dramatically at the Half -

CUMMING, Ga., Aug. 28 /PRNewswire-FirstCall/ -- PlanetLink Communications
Inc., (OTC Bulletin Board: PLKCE), a provider of satellite-based products and
services announced today its financial results for the second quarter and six
months ended June 30, 2003 through the filing of its form 10Q-SB. The
document may be viewed at the Securities and Exchange Commission Web site:
http://www.sec.gov.
While revenue was down 17.5 percent for the six-month period, the net loss
narrowed dramatically from $419,227 for the same period last year to $176,485
at June 30 this year. "The improvement in our bottom line is a direct result
of cost-cutting measures put in place in the first quarter. Although making
those cuts was a tough decision, we are seeing the effect we had hoped for and
we expect the trend to continue going forward as we continue to contain our
overhead and work diligently toward profitable revenue growth," said M. Dewey
Bain, president of PlanetLink Communications Inc.

PlanetLink, headquartered in Atlanta, Ga., has three primary business
segments based on satellite-enabled technology. Providing the consumer both
products and services, PlanetLink businesses include: DISH Network (satellite
television), StarBand (High-Speed Internet Access) and Global Positioning
System (GPS) personal tracking devices. PlanetLink's goal is to become a
single-source dealer / distributor of technologically advanced,
satellite-based products and services. With a strong and growing product
offering and brand name, PlanetLink is building this unique category into a
class all its own.

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 .

SOURCE PlanetLink Communications Inc.

/CONTACT: M. Dewey Bain, President of PlanetLink Communications
Inc.,+1-678-455-7075; or Media & Investor Relations, Shannon T. Squyres,
Presidentof Market Pathways, +1-949-955-1860, for PlanetLink Communications
Inc./

/Web site: http://www.plcweb.net /

Aug-28-2003 12:03 GMT
Symbols:
US;PLKC
Source PRN PR Newswire
Categories:
NWR/GA NWI/CPR NWI/TLS NWI/OTC NWS/ERN MST/R/US/GA MST/I/CPM
MST/I/TEL MST/I/MKT MST/S/ERN


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