I have tried a few Press Release Posting Programs, including PressBot and BackLink Syndicator, and I like News Publisher by Soft Solutions Limited the best.
Yes, it is a subscription software program ($19.99/month), but since I am posting two dozen press releases each month for clients, plus press releases for my vitamin store, and my affiliate marketing sites, this is a terrific time saver. If you are posting press releases on a regular basis, I recommend this software to save you valuable time.
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Benefits:
Saves Time: News Publisher successfully posts a press release to two to three dozen press release web sites in about thirty minutes. Doing this manually would take several hours. This program is one method to automate some of your search engine optimization and public relations activities.
Reporting: News Publisher generates a Submission Report allowing you to keep track of where a press release was and was not posted. If you are posting the press release for a client, you can supply the client this report as a PDF or HTML file.
Anchor Text: The program supports creating one anchor text link (cickable text link) on those press release submission websites that allow it. A press release with well planned anchor text creation supports search engine optimization (SEO).