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Interlink Global Opens First Latin American Office In Venezuela; Supporting Growing Latin American Demand For IP Telephony.


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.
 -- In response to the rising current and expected future demand for IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. , 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) has opened its first Latin American office in Maracaibo, Venezuela, and is doing business as Interlink Global/Metro Phone 1. The new Maracaibo office was created to serve growing regional markets. Javier Para, President of Interlink/Metro, Maracaibo, says that international markets in general and the Latin American market in particular -- are adopting IP telephony in a widespread fashion. The transition from traditional PBXs to IP-based PBXs will be very rapid in 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. , as it has been in the U.S., 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.
 Para.

Although the IP market is growing especially quickly in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Interlink selected Venezuela for its new office because it wanted to establish its presence in an important location within Latin America. "We wanted to be well positioned over time to serve the countries of Latin America," according to Oscar Ligardi, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. .

Javier Para sees the burgeoning Latin American demand for IP telephony as "the tip of the iceberg tip of the iceberg
n. pl. tips of the iceberg
A small evident part or aspect of something largely hidden: afraid that these few reported cases of the disease might only be the tip of the iceberg. 
" for continued investment in communication systems and supporting infrastructure.

In the years to come, Interlink plans to grow its Latin American operations and maintain resources, options and a presence on the continent. The company currently serves several countries on the continent through various partnerships, from its original office in Santiago, Chile Santiago, officially Santiago de Chile (Spanish: ), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). . "We expect to establish additional offices around target markets in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. ," Para explains. "Our product is uniquely suited for the distributed enterprises that have multiple offices and locations, quite commonly with a regional focus in a number of cities like a credit union or a larger organization that might have a nationwide presence," continued Para. "Business today is global and doesn't stop at national boundaries. Organizations today have offices around the world as part of our global economy. We realized a long time ago that Interlink's product is well suited to international use." Para explains that the company expects to see rapid growth in overall revenue in various geographic regions, but Interlink's biggest opportunity for growth may be in South America. "We're still very early in the development process in the Latin American market. But we believe it presents the largest opportunity for growth right now."

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 contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward- looking statements involve risks and uncertainties and actual results could differ materially from those discussed in the forward-looking statements. For this purpose, any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Factors which may affect the Company's results include, but are not limited to, the Company's ability to expand its customer base, the Company's ability to develop additional and leverage its existing distribution channels for its products and solutions, dependence on strategic and channel partners including their ability to distribute the Company's products and meet or renew their financial commitments, the Company's ability to address international markets, the effectiveness of the Company's sales and marketing activities, the acceptance of the Company's products in the marketplace, the timing and scope of deployments of the Company's products by customers, fluctuations in customer sales cycles, customers' ability to obtain additional funding, technical difficulties with respect to the Company's products or products in development, the need for ongoing product development in an environment of rapid technological change, the emergence of new competitors in the marketplace, the Company's ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation, the Company's ability to manage growth, obtain patent protection, and obtain additional funds, general economic conditions and other risks discussed in this Press Release and in the Company's filings with the Securities and Exchange Commission. All forward-looking statements and risk factors included in this document are made as of the date hereof, based on information available to the Company as of the date thereof, and the Company assumes no obligation to update any forward-looking statement or risk factors.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 7, 2005
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