InvestorsHub Logo
Followers 137
Posts 41656
Boards Moderated 7
Alias Born 01/05/2004

Re: None

Monday, 08/22/2005 9:54:35 AM

Monday, August 22, 2005 9:54:35 AM

Post# of 91
Interlink Global Corp. Announces Entry Into Ecuador for Internet Telephone and Related Services
Monday August 22, 9:11 am ET

MIAMI--(BUSINESS WIRE)--Aug. 22, 2005--Interlink Global Corp. (OTC:ILKG - News) - http://www.interlink-global.com - today announced that it has formed a subsidiary incorporated in Ecuador, Interlink Ecuador S.A., and is actively pursuing numerous business opportunities in this underserved market.

Interlink Ecuador S.A. is owned equally by Interlink Global Corp. and local partners, including Patricio Burbano, a respected Ecuadorian entrepreneur, who is a partner in BREN, a consulting firm to the Ecuadorian government on infrastructure projects; and Guillermo Martinez a respected Ecuadorian telecommunications engineer and entrepreneur, who owns various sites for radio relays throughout Ecuador. Interlink is contributing its technical expertise in the VoIP field, its interconnection and termination agreements as well as its marketing agreements to the new subsidiary. Operations of the new company were begun in June, 2005. The local partners have joined the subsidiary as full time employees and have contributed the startup capital for the entity.

The subsidiary will soon be providing services in Ecuador to corporations, the Government, the banking sector, the Flower Growers Association, one of the largest export segments in Ecuador, and to the exportation sector in general. Furthermore, the subsidiary has pending bids and is in negotiations to provide services to the following entities:

1. A VoIP system and service for the entire organization of the
Superintendent of Banking and Insurance Companies in Ecuador.
Interlink will provide a fully integrated VoIP private network and
worldwide long distance service.

2. An IP network and applications, for the police of Quito. The
network will be employed for video vigilance, fixed onsite for
police stations and to service patrols over a widespread area.

3. A wireless network in Guayaquil to provide broadband and VoIP
telephony distribution, in joint venture also with Adinatel. This
project would offer cost savings on connectivity and services in
direct competition with the incumbent Pacifictel.

4. A private VoIP network and telephony service for domestic and
international long distance, for all Government organizations and
"ministerios" (departments).

5. Participation in the subsidized government plan to provide low
cost telephony services for marginal and rural areas. This project
will combine satellite Internet access and VoIP hosted services.


Mr. Severino Rivano, Vice President of Marketing for Interlink Global Corp. in describing the subsidiary's operation, stated: "Our local Ecuadorian partners were selected because they had all served in telecommunication organizations in Ecuador and several had held substantial positions with the government of Ecuador. As we continue to expand throughout Latin America with our various VOIP services, we focused on Ecuador for a major commitment because: the country lacks substantial infrastructure for broadband, has a high cost of traditional phone service, and also because of the definite lack of competition in our area of expertise. We expect a substantial gross income and net profit contribution from this subsidiary on an immediate basis."

Mr. Anastasios Kyriakides, Chairman and CEO, stated: "Our operations in Ecuador continue our expansion and the exploitation of our business plan to be the leading VOIP provider in the international marketplace with our initial emphasis on the Latin American market. As with our operations in other Latin American countries, we have elected to associate ourselves with leading businessmen in Ecuador who have substantial business and governmental relations, so that we will be able to quickly penetrate a major market for our expansion. We project that the subsidiary should generate gross revenues of $1,842,000 with a net profit of $209,500 for the remainder of 2005, increasing to $13,110,000 with a net profit of $2,601,000 in 2006. By using our business model for our expansion, we have limited our capital commitment while devoting our existing infrastructure and technical expertise to Ecuadorian operations that should show immediate results for our company. We will be discussing this expansion on our conference call scheduled for Wednesday, August 24, 2005."

Interested parties may hear the conference call by telephone.
Instructions for hearing the conference call:

To hear the conference call as it takes place:

Call 1-800-434-1335 in the United States or Canada or;
Call 1-404-920-6620 in the Atlanta Area or Internationally

Pin Code: 628220

Exclusive:

For Expedited Entry into the Conference, please register via this
link for your Direct Access 800 number

http://www.AccuConference.com/ILKG

To hear a recording of the call (available for 30 days immediately
following the conference call):

Call 1-800-977-8002 in the United States or Canada or;
Call 1-404-920-6650 in the Atlanta Area or Internationally

Pin Code: Press the star ( * ) key then 628220


About Interlink Global Corp.

Interlink Global, 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/Caribbean, 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.

invest at your own risk, based on your own due diligence, at your own risk tolerance

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.