LAKE FOREST, CA--(Marketwire - Feb 10, 2012) - SourcingLink.net Inc. (PINKSHEETS: [ SNET ]) is extremely proud to announce an agreement between its subsidiary Alliance Auto Group and the 54th Annual Grammy Awards. SourcingLink's subsidiary "Alliance Auto Group" has signed an agreement to be an official transportation provider for the Grammy awards show taking place in Los Angeles, CA on Sunday, February 12^th. The pre-telecast ceremony commences at 1 pm PST at the Staples Center. The company will debut some of its vehicles this weekend at the pre and post show celebrations alongside the red carpet.

Valerie Paige, CEO of SourcingLink, states, "Our agreement with The Grammys gives the company an exciting opportunity to expand the Alliance Auto Group brand. This agreement highlights the direction in which the company is headed. The music industry has evolved into a global phenomenon grossing more than $50 billion a year. As part of our effort to become the leading player in the Luxury Car Share industry, we are working hard to secure additional contracts with key people, organizations, and events in the entertainment industry. We believe strongly in our vision of becoming the Luxury Auto Sharing Company of choice in the future. We look forward to providing company news on a regular basis. "

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

About SourcingLink.netInc.:
SourcingLink.net Inc. is a holding company based in Orange County, California. Through its subsidiaries, the Company is engaged in the 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?"

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.