News
Interlink Global Announces Joint Venture in the Netherlands Antilles for VOIP and Wireless Telecom ServicesSeptember 15, 2005 |Press Release
Company Projects $6 Million of Annual Revenues to be Generated
MIAMI--Sept. 15, 2005--Interlink Global Corp., (OTC:ILKG - News), today announced that the Company has executed a memorandum of understanding with World Wireless Telecom, a licensed telecom carrier located in Curacao, Netherlands Antilles to develop sales and market opportunities for wireless telecommunications and data services on the island of the Netherlands Antilles. It is contemplated that such services will include wireless broadband, VOIP services and telecom and data services delivered through Wi-Fi and Wi-Max technology.
ILKG will provide the infrastructure in Miami and Curacao to host all services required by the joint venture, the technical & engineering expertise and support, as well as hardware and software to fully develop all wireless services throughout the island. As part of the joint venture, Interlink will provide wireless and wired systems throughout the island, while World Wireless will provide marketing and sales infrastructure through its existing operations as well as billing and customer support services.
It is contemplated that the Joint Venture will begin operations in the Netherlands Antilles no later than December of this year. When fully implemented in the 2nd quarter of 2006, the Company projects that the operations will generate a minimum of $6,000,000 of gross revenues with an operating margin of no less than 34%.
Mr. Anastasios Takis Kyriakides, Chairman of Interlink, in describing the opportunity stated: "We are quite pleased to add World Wireless to our growing list of joint venture partners. We were approached by World Wireless to be their joint venture partner because we are currently undertaking other similar projects in Ecuador, Venezuela and Colombia. The joint venture fits our business model of aligning ourselves with established companies in various countries, while leveraging our existing infrastructure to accelerate our international rollout of Internet based phone and data systems."
Mr. Kenneth Hosfeld, Interlink's executive vice president of sales, stated that "The Netherlands Antilles is ideal for the extension of our products and services since it is the home of over 120 major financial institutions and multi-national corporations. The clients are ideal because of the ability that our systems have to link multi-jurisdictional offices of corporations together to maximize efficiency, which results in substantial cost savings in their telecom and data operating expenses."
Mr. Barney Ivanovic, Managing Director of World Wireless Telecom, stated that "We are very excited about executing this MOU with Interlink Global Corp. as they bring the expertise that is needed to build our network here in Curacao. We expect to penetrate the marketplace quickly, and to be the dominant carrier in the Netherlands Antilles within the next twelve months."
About Interlink Global
Interlink Global (OTC:ILKG - News), 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.
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Contact:
For Interlink Global Corp., Miami
Redwood Consultants
Jens Dalsgaard, 415-884-0348
http://www.Interlink-Global.com
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