News
Interlink to Provide VoIP Services to Venezuela's Second Largest Radio Station - Metropolis 1039 FMMarch 17, 2005 |Press Release
MIAMI & MARACAIBO, Venezuela, Mar 17, 2005 --Interlink Global Corp., (OTC:ILKG) an Internet Service Provider of Voice Over Internet Protocol and a host of communication solutions, with a special focus on the international business marketplace, today announced an agreement signed with Metropolis 1039 FM, a radio station operator in Maracaibo, State of Zulia, Venezuela, S.A to form a joint venture to immediately offer VoIP services to listeners of the radio station who desire to adopt VoIP for both their long distance and local calling needs.
Interlink Global has the international telephone platform as well as the technology intellectual property to provide communication services, including both long distance and local telephone connections, in addition to Internet Services to the general population and to corporate users of this large metropolitan area in the heart of the oil producing region of Venezuela.
Under the terms of this joint venture agreement, Metropolis 1039 FM, which dominates the marketplace with more than two million listeners, will offer local, long distance and international voice services utilizing Interlink Global's VoIP platform. The combined effort of Metropolis 1039 FM and Interlink Global will feature DID numbers for those users who wish to establish virtual offices with USA area codes (ex: 305 Miami Fl. numbers), which will enable the users to place local calls to Miami, Fl., actually originated in Venezuela. Also, users in Venezuela will have local phone numbers which will incur no charges while they call into Interlink's network, and will result in greatly reduced charges when making long distance calls outside the network. The cost of international calls from Venezuela can be prohibitive. Subscribers to Interlink's service can reduce current charges by as much as 70%.
"This alliance affirms the value that Interlink Global brings to the concept of strategic partnerships with market leaders like Metropolis 1039 FM, by providing a strategic partner, such as Metropolis, with low cost and timely VoIP solutions that can meet their customers' needs," says A. N. Kyriakides, Pres. and CEO of Interlink Global. "This joint venture with Metropolis 1039 FM is indicative of the core marketing efforts of Interlink to form strategic relationships with third party centers of influence, to rapidly expand our market penetration internationally. We intend to pursue other radio stations of similar stature across the globe. Instead of using this media as an advertising outlet, the idea of including them as strategic partners presents us with an incredible horizon of possibilities, while lowering our media costs and our cost of attracting new customers to our service. This type of relationship also offers our strategic partners an alternative source of continuing revenue that they might not otherwise have realized." Kyriakides stated further, "We can now reach out to new partners across the globe, immediately helping them penetrate their existing customer base for VoIP services, while our leadership and experience benefits our partners and customers and helps drive our goal of bringing VoIP service to as broad a base as possible, as quickly as possible, while lowering our direct expenses in attracting those customers."
The revenues generated from the joint venture are expected to exceed $1,000,000 within the first twelve months of the multi year term of the joint venture. This revenue stream will be split 50% to Metropolis and 50% to Interlink Global.
About Interlink Global Corporation:
Interlink Global Corp. (ILKG) provides VoIP, SIP and wireless solutions around the world. As a leader in VoIP telephony services, Interlink Global is a provider to many users in the US as well as overseas. Interlink Global provides partners and the general public with SIP-based broadband telephony solutions, calling cards, and other services in North and South America, the Caribbean, Africa, the Pacific Rim, and soon in the Middle East. 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: Interlink Global Corporation
For Interlink Global Corp.
Diablo Consultants, Walnut Creek, Calif.
Jeremy Roe, 925-932-1100
http://www.interlink-global.com
What do you think?
News Archive: 2008 | 2007 | 2006 | 2005 | View All
Become an InterLink Partner
InterLink partners understand the growth and demand for powerful communications services. Join our successful market now.