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Monday June 26, 4:05 pm Eastern Time
Company Press Release
SOURCE: Pliant Systems, Inc.

Pliant Systems, Inc. Retains Thomson Financial Investor Relations

RESEARCH TRIANGLE PARK, N.C., June 26 /PRNewswire/ -- Pliant Systems, Inc. (OTC Bulletin Board: PLNS - news) announced that it has retained Thomson Financial Investor Relations as its investor relations counsel. TFIR will provide strategic planning and execution for Pliant Systems` communications efforts with investors and analysts.

David E. Orr, President and Chief Executive Officer of Pliant Systems, said, ``We are proud to announce our engagement of Thomson Financial Investor Relations as we embark on a more pro-active dialogue with the investment community. We believe TFIR will play a key role in helping to communicate Pliant Systems` story, and we look forward to a successful relationship with them.``

Thomson Financial Investor Relations, a division of Thomson Financial, assists corporations worldwide in identifying, analyzing and communicating with their shareholders. TFIR provides full consulting services, from message development, media relations, M&A and spin-off analysis to market surveillance and shareholder targeting. TFIR also offers a number of proprietary communications and database tools, including First Call and IR Universe, a full-solution Internet application. TFIR serves over 3,500 corporations worldwide. For more information on Thomson Financial Investor Relations, please visit http://www.thomsonir.com.

About Thomson Financial

Thomson Financial is a US$1.2 billion provider of information services and work solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation, one of the world`s leading information companies. With annual revenues of more than US$6 billion, Thomson has interests in specialized information and newspaper publishing. The corporation`s common shares are listed on the Toronto and London stock exchanges. For more information on Thomson Financial, visit http://www.thomsonfinancial.com.

About Pliant Systems

Pliant Systems, Inc. designs, manufactures and markets integrated multi-service access platforms for the telecommunications industry. The company provides competitive local exchange carriers (CLECs) and incumbent local exchange carriers (ILECs) with integrated access systems capable of delivering voice, data and video services over diverse network topologies. The company`s primary product, the Pliant(TM) 3000 Integrated Access Platform, is designed to relieve the strain on digital loop carrier systems caused by the Internet explosion, utilizing a distributed architecture to deliver traditional telephony and emerging high-bandwidth services deep into the access network. The company`s web site is http://www.pliantsystems.com.

This release contains forward-looking statements about the company`s performance. Forward-looking statements contained in this release include statements about the development and introduction of the company`s new access product, product features, product demonstrations and customer field trials. The company`s Form 10-K, 10-Qs and other documents on file with the Securities and Exchange Commission identify important factors that could cause actual results to differ materially from those indicated by forward-looking statements. However, the outcome of forward-looking statements are beyond the ability of the company to control and in many cases could cause actual results to differ materially from those indicated by the forward-looking statements.

SOURCE: Pliant Systems, Inc.

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