Interlink Global Corp. Announces Signing of Three Additional Wholesale Contracts Serving Asia; Contracts Total $83,000 of Gross Revenues in September.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- Interlink INTERLINK - A commercial product comprising hardware and software for file transfer between IBM and VAX computers. Global Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ILKG) - http://www.interlink-global.com - today announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Interlink Global Communications Inc. has executed three additional wholesale contracts for traffic to and from parts of Asia, as part of its continuing expansion of its services and products beyond its core market of Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . The contracts include the following agreements:
1. IPNET Telecommunications Hong Kong. This contract covers over
360,000 minutes of immediate traffic that will generate
approximately $36,000 of gross revenues to Interlink during the
month of September, which is projected to expand to 2,000,000
minutes per month of wholesale traffic by the end of 2005
generating in excess of $312,000 of monthly revenues.
2. CGS of Bangladesh. This contract covers over 100,000 minutes of
immediate traffic that will generate approximately $11,000 of
gross revenues to Interlink during the month of September,
which is projected to expand to 480,000 minutes per month of
wholesale traffic by the end of 2005 generating in excess of
$52,800 of monthly revenues.
3. North Gate BPO. This contract covers over 600,000 minutes of
traffic in both the United States and in India. Interlink will
recognize gross revenues of $36,000 in September, which is
projected to expand to 1 million minutes per month of wholesale
traffic by the end of 2005 generating in excess of $60,000 of
monthly revenues.
Mr. Siba Padhi head of Interlink Global Communications, stated: "We are pleased that we have signed these three contracts for immediate traffic, which indicates our commitment to the wholesale market in Asia, as well as Latin America. We continue to explore other international opportunities for the use of our existing infrastructure that we have built up over the last few months. We anticipate that our wholesale subsidiary will have total traffic in the month of September September: see month. of over 10 million minutes with gross revenues of $150,000, which we will continue to expand for the remainder of the year." Mr. Anastasios Kyriakides, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Interlink Global Corp. stated: "These contracts, which are the first of many that we hope to announce in September, indicate the progress we are making on our strategic business plan of offering numerous services to our international clients from as simple as providing wholesale minutes to as complicated as providing Wi-Fi and VoIP telecom services to specific cities throughout the world. These contracts are the result of the cross marking opportunities developed by both operations, and indicate that Siba Padhi has integrated the operations of Assai as·sai 1 n. pl. as·sais 1. Any of several feather-leaved South American palms, especially Euterpe edulis and E. oleracea, that are important sources of heart of palm. 2. Inc. which we acquired less than 30 days ago, with our existing operations in a seamless fashion." The Company discussed its strategic focus, its wholesale operations and the upward revision of its projections for 2005 and 2006 in its recent conference call with the brokerage and investment community.
To hear a recording of the 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 telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. solutions around the world. As a leader in hosted VoIP telephony Meaning "sound over distance," it refers to electronically transmitting the human voice. In the beginning, telephony dealt only with analog signals in the circuit-switched networks of the telephone companies. services, Interlink Global is currently doing business in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America/Caribbean, and soon in the Middle East. Interlink Global provides SIP-based broadband telephony See VoIP. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : 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. |
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