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Interlink Global Corp. Signs Memorandum of Understanding With Telecom a Major Telephone Company in Colombia; Telephone and Data Traffic to be Exchanged Between Colombia and Venezuela a First for the Region

March 01, 2006 |Press Release

MIAMI--(BUSINESS WIRE)--March 1, 2006--Interlink Global Corp. ILKG today announced that it has signed a Memorandum of Understanding with Telecom, a major Telephone Company headquartered in Bogota, Colombia, S.A. Telecom has licenses, networks, experience and capability throughout Colombia and will explore with Interlink Global the establishment of telephone interconnection on the borders of both Colombia and Venezuela.

Telecom has 3,000,000 subscribers covering 7 cities throughout the country. With extensive fiber and microwave networks in place the entire country of Colombia is covered.

The purpose of the Memorandum of Understanding is to allow both companies the opportunity to analyze and implement a feasibility study to insure the viability of the venture. The final contract will be based on the parameters concerning selection of personnel, sharing of responsibility, and other vital issues defined in the Memo.

According to Mr. Severino Rivano, Vice President of Interlink Global, who was responsible for the negotiations leading up to the signing of the Memorandum, "The ultimate outcome is to implement a network with routes and all other factors necessary to begin the interchange of telephone and data traffic between these two countries. There is a huge amount of traffic to be considered and we are certainly capable of servicing the communication needs of the entire area under consideration." Mr. Anastasios Kyriakides Chairman of Interlink Global further added, "The estimated revenue for the venture starting with the implementation stages, beginning four months from now, are projected to be $350,000 a month or $4,200,000 in gross revenues as projected on an annualized basis."

About Interlink Global

Interlink Global 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, South America, Asia, 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.b2i.us/irpass.asp?BzID=1287&Nav=1&S=0&L=1.

Forward Looking Statements

This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes", "looking ahead", "anticipates", "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

To be included on Interlink's E-Mail Alert List; Click Below: http://www.b2i.us/irpass.asp?BzID=1287&to=ea&Nav=1&S=0&L=1

Contact:
Interlink Global Corporation, Miami
Stephan M. Gardner, 305-261-2007
http://www.interlink-global.com
or
Core Consulting Group
Paul DeRiso, 925-465-6088
fax 925-287-9704
http://www.coreconsultingroup.com
paul@coreconsultingroup.com

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