Yes, because it still makes those SEO links. But more so that if you do a good press release you can cross link it on sites with higher SEO ratings. Like here if it makes it to the front page. Even if it doesn't go anywhere beyond the 'new' section a search engine will eventually pick it up.
I wouldn't pay $300 is worth it. Just do it yourself or hire a reputable PR firm. the best path to go to forums like Reddit. Talk about your product, get feedback, and build a community. Thats worth more than any press release.
We have B2B startup, reddit and similar communities are not really our target market. But I hear what you are saying. My question is really: does anybody from the press read those PR?
I wouldn't pay $300 is worth it. Just do it yourself or hire a reputable PR firm. the best path to go to forums like Reddit. Talk about your product, get feedback, and build a community. Thats worth more than any press release.