PMX Gold Appoints a New President and Chief Technical Officer to Fast-Track Gold ATM Prototype and Network Development

BOCA RATON, Fla., Aug. 18, 2011 /PRNewswire/ -- PMX Gold, LLC ("PMX Gold"), a wholly-owned subsidiary of PMX Communities, Inc. (OTCBB: PMXO) (the "Company" or "PMXO"), confirmed today that it has appointed Mark R. Connell to serve as PMXO's President and CEO, and Alfredo Cortellini to serve as Chief Technical Officer of the Company. Both individuals will also serve on the Company's Board of Directors; Michael C. Hiler will continue to serve the company as Chairman of the Board, Chief Financial Officer and Secretary. In a related announcement, PMXO and their technology partner Omnitech Automation confirmed that they expect to submit a formal RFQ (request for quote) for specific components and aspects of the PMX Gold ATM Network to select companies within the ATM industry.

Mark Connell- President, CEO, and Director PMXO

"I am excited about assisting with the development of the company and the implementation of its groundbreaking business plan," said Mark Connell, new President and CEO.  "The company, its consultants and technical partners have been working diligently to fast-track the development of the PMX Gold ATM Prototype and supporting Network, as well as the  Managed Gold Account and its complementary suite of gold based financial services. We are intent on bringing the various facets of our planned operations online as quickly as possible," said Mr. Connell.

Alfredo Cortellini- Chief Technical Officer and  Director PMXO

"I am honored to serve as Chief Technical Officer of PMX," said Alfredo Cortellini. "My input and advice will focus primarily on the successful and expedited implementation of the business plan from a technical, mechanical and software perspective. I will be able to utilize and apply my background and experience in electrical engineering, industrial automation, manufacturing and computer software to develop and launch PMX's Gold ATM and related business operations," said Cortellini.

PMX Gold ATM Production Status: Omnitech to solicit formal RFQs

PMX Gold and Omnitech Automation confirmed that they have completed a detailed functionality requirement review in conjunction with an analysis of industry sourcing to help narrow the field of possible production partners.  Thereafter, Omnitech expects to publish and release on behalf of PMX a request formal RFQs (request for quotes) to ATM manufacturers, software suppliers and financial service providers to further develop the infrastructure of the Company.

About PMXO, PMX Gold and the PMX Gold ATM Terminal

PMX Communities, Inc. (PMXO), through its wholly owned subsidiary, PMX Gold is currently developing the world's first PCI compliant PMX Gold ATM Terminal designed to integrate seamlessly with the International Banking System to capitalize on the emergence of gold as a parallel currency.

The PMX Gold ATM Terminal is not a vending machine, but an actual ATM that allows customers to make conventional dollar based ATM transactions with their banking institution and also conduct a wide array of Gold Financial transactions through their PMX Managed Gold Bullion Account, including depositing or withdrawing serialized 999.9 Fine Suisse Gold, Silver and Platinum Bars directly to/from our ATM's By offering traditional ATM banking transactions, our expansion plans allow for quick introduction to US consumers and ancillary revenues from conventional ATM banking transactions with customer satisfaction assured by a fully reporting U.S. public company.

Further information about the Company can be obtained at our website, http://www.pmxgold.com which provides a link to the Company's public filings with the SEC located at www.sec.gov . Certain Company information is also available through Standard and Poor's.

Shareholder Relations: 561-210-5349, email [email protected]

Forward-Looking Statements

Certain statements made by the Company and its management on its behalf in this release and other periodic, oral and written statements, regarding the Company operating performance, events or developments that the Company believes or expects to occur in the future, including those that discuss anticipated financial results, strategies, goals, outlook or other non-historical matters, or which relate to future sales, earnings, expectations, growth of the Company or of the market for its products and services, or general belief in the Company's expectations of future operating results are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are subject to risks and uncertainties, including but not limited to product demand, market and customer acceptance, competition, pricing, working capital considerations, and as otherwise discussed in the Company' s SEC filings. Such forward-looking statements are subject to change at any time, and the Company's actual results may differ materially from anticipated results. The Company undertakes no obligation to update or revise any of such statements to reflect subsequent events or circumstances.

SOURCE PMX Communities, Inc.