LAKE FOREST, CA--(Marketwire - Feb 28, 2012) - (PINKSHEETS: [ SNET ]) SourcingLink.net Inc. subsidiary Alliance Auto Group opens an Urban Car Share Experience collaborative location with Los Angeles-based non-profit People for Community Improvement (PCI).

SourcingLink.net Inc. is proud to announce on February 23, 2012 its subsidiary, Alliance Auto Group, launched one of many to come "Urban Car Share Experience" locations at Los Angeles-based non-profit People for Community Improvement's (PCI) community center located at 13008 S. Figueroa St., Los Angeles, CA 90061. PCI provides many vital services to thousands of families in the community it serves. The Urban Car Share Experience is Alliance Auto Group's collaborative with community organizations to provide an affordable transportation option to residents and communities across the United States that other car sharing and rental companies don't see as profitable. SourcingLink.net Inc. sees this as a much-needed line of business where the company can increase its presence and provide services to an underserved market with great revenue potential.

More information about upcoming events can be found at [ www.sourcinglinknet.com ] and [ www.allianceautogroup.com ].

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

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.