InvestorsHub Logo
Post# of 19304
Next 10
Followers 436
Posts 18580
Boards Moderated 0
Alias Born 09/10/2000

Re: None

Thursday, 09/01/2005 9:13:22 AM

Thursday, September 01, 2005 9:13:22 AM

Post# of 19304
Interlink Global Announces Approval of CLEC License
Thursday September 1, 9:06 am ET
License as Telecom Carrier to Result in Lower Costs, Expanded Services and Increased Revenues


MIAMI--(BUSINESS WIRE)--Sept. 1, 2005--Interlink Global Corp., (OTC:ILKG - News), "Interlink" today announced the approval of its CLEC license by the Florida Public Service Commission.
ADVERTISEMENT


Interlink Global Corp., a pioneer in international VoIP services, is currently providing long distance communication products and services to corporations, professional associations, and defense contractors, as well as to the general public.

The licensing as a CLEC, (COMPETITIVE LOCAL EXCHANGE CARRIER), will allow the Company to provide local as well as long distance service as a telecom carrier, as opposed to a reseller of such traffic. The license will allow the Company to reduce costs on trunk rates from ILECs, (INCUMBANT LOCAL EXCHANGE CARRIERS), which will translate to a savings of from 13% to 45% below what the Company is currently paying, and will allow the Company to offer ISP services, as well as its VoIP services. Furthermore, as a licensed carrier, the Company is considered a preferred partner for other existing small and medium ISP's, who cannot qualify for CLEC status, thereby greatly increasing the revenue base of the Company.

Anastasios Kyriakides, Chairman of Interlink stated, "We are proud of the fact that we have achieved another of our goals for 2005, which was to become a licensed carrier. We will utilize our licensed status to expand our joint ventures and marketing partnerships that allow Interlink and our partners and customers to achieve a competitive advantage due to the lowering of our direct traffic costs and the additional services that we will now be offering."

Becoming a CLEC allows the Company to obtain and control its own phone numbers, as opposed to paying a fee or licensing such numbers from carriers, as most VoIP companies have to do, and to offer special numbering sequences to our clients, which bring premium rates. At the same time, the reduction in line charges allows the Company to purchase capacity from the incumbent phone companies at much better rates than other VoIPs or ISPs.

According to Kenneth Hosfeld, Executive Vice-President of Interlink, "As a result of receiving our license, the Company will now pursue semi-rural areas, as well as urban markets, where there is a surprising density of prospective medium-sized business customers. These areas have become the home of many corporations seeking lower direct costs, but facing the dilemma of limited telecom choices offered by the local ILECs in those areas. Now, we are able to offer these customers partial T1 service and other solutions such as channelizing the T1, or using half the capacity for data, and half for voice. Being a CLEC also allows us to avoid artificial tariff driven restrictions. For example, we can `unbundle' Telco elements and provision partial T1s to customers, which other VoIPs and ISPs cannot do."

Mr. Kyriakides explained further, "This license puts our Company in a position to negotiate better interconnect agreements to help reduce carrier to carrier cost, and will also add value to our Company while helping to facilitate our marketing efforts. In light of the increase revenue potential and lower cost structure, we will be revising upward our income projections for both 2005 and 2006, which we will be announcing as we report our third quarter results."

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 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.



--------------------------------------------------------------------------------
Contact:
For Interlink Global, Miami
Redwood Consultants
Jens Dalsgaard, 415-884-0348
http://www.Interlink-Global.com



--------------------------------------------------------------------------------
Source: Interlink Global Corp.

There is no substitute for conducting your own research

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.