Interlink Global Corp. Continues Expansion in Latin America with Acquisition of Metro IP in Colombia, S.A.; With Purchase of Metro IP, Interlink will Sell Wireless Internet and Telephony Nationwide.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) today announced that it has entered into an agreement to purchase Metro IP headquartered in Barranquilla, Colombia to offer the full range of Interlink's services to the existing client base of Metro IP and to help Metro IP expand its operations to the major cities of the country. Metro IP has an established customer base in a region that the company wants to penetrate. Interlink will insure quality of service to Metro IP and also offer the newly branded netTALK, with its state-of-the-art videophone (1) (VideoPhone) A line of videophones (definition #1 below) from AT&T that were introduced in the early 1990s and later pulled off the market due to poor sales. The first models came with a price tag above $1,000, and a pair were needed. See Picturephone. component to the expanding customer base of its newest partners. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Severino Rivano, Vice President of Interlink Global Corp., "This acquisition was logical and inevitable. We are happy to add Metro IP to our growing list of acquired companies who have recognized our ability to provide superior service and support. Interlink Global Corp. has an established record of success as an enterprise level service provider, and we will insure that Metro IP realizes success in the marketplace." Mr. Rivano further stated, "It is projected that gross yearly revenues should reach approximately $600,000 by the end of 2006, and achieve projected gross revenue of approximately $4,000,000 by the end of 2008, as the company completes its expansion nationwide." Link to Venezuela Anticipated Via Interlink's Recently Acquired NGT NGT Night NGT National Grid Transco (UK gas transporter) NGT Nominal Group Technique NGT Not Greater Than NGT Next Generation Technology NGT Next Generation Telecom (China) NGT NASA Ground Terminal Subsidiary Mr. Anastasios N. Kyriakides, Chairman & 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 added, "Interlink Global will provide the infrastructure from its point of presence located in Miami, Florida “Miami” redirects here. For the Native American tribe, see Miami tribe. Miami is a major city in southeastern Florida, in the United States. It is the county seat of Miami-Dade County. Miami is a gamma world city with an estimated population of 404,048. , to host all services required by our newest purchase. This, of course, includes technical and engineering know-how and support, as well as testing and supplying of hardware and software for the VoIP infrastructure. There are plans in place to add Wi-Max in the coastal areas of Colombia and link those areas to the Venezuelan border through our company, NGT in Caracas. This would offer an alternative to expensive cell phone connections and offer IP services at a fraction of the cost to consumers compared to what they are currently paying." Mr. Francisco Posada po·sa·da n. A Christmas festival originating in Latin America that dramatizes the search of Joseph and Mary for lodging. [American Spanish, from Spanish, lodging, from posar, , Board member of Metro IP Colombia S.A. said: "We would like to welcome Interlink Global Corp. to Colombia. We are pleased to have Interlink become part of Metro IP. We know that with this new relationship we will greatly enhance and improve our own communication network and that we will deliver expanded value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services such as VoIP, virtual private networks, and video-conferencing, among others, to all of our current and new customers. Also, as we introduce our services to different cities of the country, we will focus on a policy of proactive customer service, which we believe is our main asset." About Metro IP Metro IP is a telecommunications company headquartered in Barranquilla, Colombia. It was founded in April of 2003 and started operations in January of 2004. Its network developed with a Motorola Wi-Fi installation covering the metropolitan area of the city and the suburban areas of Soledad, Malambo and Lagos del Caujaral. The Company was founded by a skilled group of Telco professionals with more than 10 years of experience in mobile and data networks, as well as telecom sales, marketing, revenue assurance, and regulatory matters. The team has solid project management skills, insuring the future success of this business venture. Metro IP will specifically market to Barranquilla's extensive middle to upper income population, and also to the small office/home office See SOHO. (SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. ) market. At a second stage, other cities on the northern coast of Colombia like Cartagena and Santa Marta will be served. The company's value proposition is to offer a wide variety of cost effective services including Broadband Access, Virtual Private Networks, Video Surveillance and Security, Corporate Voice over IP, Web Hosting, email Hosting, and ASP services. About Interlink Global Interlink Global (OTC: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, the Middle East, and, soon in the Pacific. Interlink Global provides SIP-based broadband telephony solutions, WiFi and WiMax applications, IV-PBX (Interlink Virtual PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). ), Videophone, IPTV (Internet Protocol TV) Also called "TV over IP," IPTV delivers scheduled TV programs and video-on-demand (VOD) via the IP protocol and digital streaming techniques used to watch video on the Internet. , (Internet Protocol Television), Marine Satellite Services, calling cards, and other enterprise services nationally and 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 go to: http://www.b2i.us/irpass.asp?BzID=1287&to=ea&Nav=1&S=0&L=1 To find out more about netTALK visit: http://www.netTALK.com |
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