Business Services Industry

Planet America Inc. Announces Affiliation with Tunes.com

Business Wire, June 22, 1999

BUFFALO, N.Y.--(BUSINESS WIRE)--June 22, 1999--

Planet America Inc. (OTC Bulletin Board:PNTC) Planet America Inc. (NASDAQ OTC BB:PNTC) announced today that the company has joined Tunes.com's affiliate program, Steal Our Sites, giving Local Area Web(TM) (LAW(TM)) users direct access to RollingStone.com's exclusive music content. In addition, Planet America Inc. (PNTC) will collect a fee based upon the number of click-thrus from epla.net users who visit Tunes.com via LAWs(TM).

Chris Phenner, business development manager at Tunes.com said, "By joining our Steal Our Sites program, epla.net will give its users one-click access to RollingStone.com's daily dose of Music News and the fun This Day in Rock trivia. Once users arrive at RollingStone.com, they can discover all of the site's great music content, including its vast artist search archives, digital downloads and videos on demand."

"In addition," adds Peter Palijenko, VP of Business Strategy for epla.net, "a percentage of the click-thru revenues generated by epla.net users via their LAW(TM) works its way back into that local community's clubs and associations. This is just one way that epla.net delivers the best resources on the Web, while still supporting the local community."

No other online company creates as strong a local affinity as Planet America Inc. (PNTC). epla.net's LAWs(TM) are linked to real groups, clubs, and associations in actual communities. As a result, companies like Tunes.com benefit from eplanet's grassroots community efforts to extend their reaches locally. As epla.net increases the number of LAWs(TM) into the hundreds, its affiliation with Tunes.com can only increase in value.

There are 5,766,000 shares outstanding in Planet America Inc. (PNTC) with 700,000 in the float. Since January 1, 1999 the stock has traded at a high of $10.25 a share. PNTC stock closed Monday June 21, 1999 at $3.56 a share.

This release contains forward-looking statements which may involve known and unknown risks, uncertainties and other factors that may cause Planet America Inc.'s actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. No regulatory agency has either approved or disapproved the contents of this release.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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