LAKE FOREST, CA--(Marketwire - Jan 13, 2012) - (PINKSHEETS: [ SNET ]) SourcingLink.net Inc. announced its wholly-owned subsidiary, Alliance Auto Group, is engaged in advanced negotiations with candidates for new affiliate deals.

Alliance Auto Group is SourcingLink's luxury auto share company based out of Orange County, Ca. Their goal is to position Alliance Auto Group as the premier service for consumers that wish to drive luxury cars for short-term use, either in their home cities or when they travel.

Valerie Paige, CEO of SourcingLink, stated, "Our plan is to establish Alliance Auto Group as the luxury car company of the future. We believe forging key relationships with affiliates, suppliers and marketing partners will help position the company at the forefront of the car sharing industry. We hope to become known as the Zipcar of the luxury auto market."

"Right now we're in advanced discussions with potential strategic partners throughout California, Nevada, Arizona, Pennsylvania and Georgia. This approach, of working closely with third parties, is aimed at quickly growing the business while containing costs and reducing overall risk."

"We're very optimistic about the future and direction of our company. And the talks underway now with potential partners are evidence of the progress that began last year and continues. We look forward to sharing Company news with shareholders on a regular basis," Ms. Paige concluded.

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 the fraction of the cost of ownership and renting, but 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.