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Interlink Global Announces Creation of New Division26 July 2005
Interlink Global Corp., "Interlink" today announced that the Company has formed a new division to handle wholesale carrier-to-carrier sales. In addition to the VOIP services and products provided to its international business customer base, the Company will provide international bilateral connections with telecommunication bridges to various retail distributors of telephone traffic including prepaid phone card resellers. The Company is presently providing such services to, and has bilateral agreements with: Newtech of Miami, Florida, and Atelodus of New York.
"Our global network provides unlimited transmission bandwidth, guaranteed network security and termination of traffic (PSTN, ISDN, mobile) locally, nationally, and internationally," said Anastasios Kyriakides, CEO. "Since we have established our infrastructure internationally, we have the capacity to add to our revenue base by providing these wholesale services to certain resellers, who realize the cost savings that VOIP provides to them. Since the Company is transporting and providing cost effective termination calls to any destination worldwide for our existing customer base, we have been easily able to expand our network to provide similar savings to distributors and carriers allowing them to benefit from higher margins than they have realized through using normal telecom networks," stated Mr. Kyriakides. The new division's wholesale contracts entered into with wholesale users have initial cost savings which compare favorably to the costs charged to them by traditional phone companies. The Company can still amortize its infrastructure costs at a faster than anticipated rate. As the number of wholesale contracts increase, the savings increase to all users and the profit margins for Interlink increase accordingly.
"This is yet another product offering that will enhance our revenue base while complimenting our existing product offerings," stated Mr. Severino Rivano, Vice President of Marketing. "We will continue to introduce new product offerings for the remainder of the year as we expand our infrastructure and continue to upgrade our systems, which should continue to add to our gross and net revenues," stated Mr. Rivano.
About Interlink Global
Interlink Global (OTC:ILKG), founded in 2002, provides telecommunication solutions around the world. As a leader in hosted VoIP telephony services, Interlink Global is currently doing business in North America and South America, and soon in the Middle East. Interlink Global provides SIP-based broadband telephony solutions, WiFi, WiMax, Marine Satellite Services, calling cards, and other enterprise services internationally. Interlink Global, using VoIP technology, provides long distance telephone services, with full features, at prices that are greatly reduced in comparison with traditional telephone companies. For more information about Interlink Global's products and services, please visit http://www.interlink-global.com/.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties and actual results could differ materially from those discussed in the forward-looking statements. For this purpose, any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Factors which may affect the Company's results include, but are not limited to, the Company's ability to expand its customer base, the Company's ability to develop additional and leverage its existing distribution channels for its products and solutions, dependence on strategic and channel partners including their ability to distribute the Company's products and meet or renew their financial commitments, the Company's ability to address international markets, the effectiveness of the Company's sales and marketing activities, the acceptance of the Company's products in the marketplace, the timing and scope of deployments of the Company's products by customers, fluctuations in customer sales cycles, customers' ability to obtain additional funding, technical difficulties with respect to the Company's products or products in development, the need for ongoing product development in an environment of rapid technological change, the emergence of new competitors in the marketplace, the Company's ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation, the Company's ability to manage growth, obtain patent protection, and obtain additional funds, general economic conditions and other risks discussed in this Press Release and in the Company's filings with the Securities and Exchange Commission.
All forward-looking statements and risk factors included in this document are made as of the date hereof, based on information available to the Company as of the date thereof, and the Company assumes no obligation to update any forward-looking statement or risk factors.
Source: BUSINESS WIRE
All trademarks and copyrighted information contained herein are the property of their respective owners.
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