ILinc Offers An Alternative To Renting Web Conferencing
iLinc Web Conferencing Strategy Ties Closely to Recent Industry Study
PHOENIX, Arizona (August 15, 2005) –
iLinc Communications, Inc. (AMEX:ILC), developers of Web conferencing software and audio conferencing solutions is offering an alternative for organizations who wish to own rather than rent their Web conferencing solution. Customers who currently pay recurring monthly or yearly fees for Web conferencing can instead own the software, providing an immediate return on their Web conferencing investment. iLinc is one of the very few Web conferencing companies that allows customers to purchase and own iLinc Web conferencing software with a one-time licensing fee for unlimited Web conferencing. iLinc’s award-winning software can either be installed inside of a customer’s network, or hosted at iLinc’s co-location facility for a small hosting fee, providing ASP benefits in a traditional software ownership model. iLinc offers this licensing structure to support organizations that use Web conferencing on a consistent and company-wide basis to help them better manage the rising costs of recurring fees. Customers who purchase iLinc receive ongoing technical support and software upgrades through an annual maintenance and support agreement.
As reported by industry analyst Frost and Sullivan in their June 2005 World Web Conferencing Markets report, as Web conferencing usage within any organization grows, purchasable software solutions become attractive because they offer important benefits such as: higher ROI, better control, security, better integration with existing applications, and unlimited usage. “As the Web conferencing technology starts maturing, it will kickstart a higher growth in software deployments,” noted industry analyst Roopam Jain, senior analyst – conferencing and collaboration for Frost and Sullivan. “…many larger organizations will realize that it does not make sense to pay monthly fees to an outside provider to rent Web conferencing seats across multiple departments. The smarter budgetary bet would be for these bigger businesses to host the software in their own organizations.”
“We are seeing continued growth in our pipeline of large and medium-sized organizations that are looking to migrate from their ASP rental Web conferencing software solution to our purchase model,” noted James M. Powers, Jr., president and chief executive officer of iLinc Communications. “Many of our customers who choose to purchase iLinc Web conferencing also choose to have iLinc host their software in our co-location facility. The result is that these organizations enjoy the savings of a one-time purchase fee for unlimited Web conferencing without involving their IT resources or budget.”
About iLinc Communications, Inc.
iLinc Communications, Inc. is a leading developer of Web conferencing software and audio (phone) conferencing services for highly secure and cost-effective collaborative meetings, presentations, and training sessions. The Company enables customers to purchase and own iLinc Web conferencing software, which can be installed inside of a customer’s network or hosted by iLinc. Our products and services include the iLinc Suite of Web Conferencing software (MeetingLinc, LearnLinc, ConferenceLinc, and SupportLinc); Audio Conferencing Services; On-Demand Conferencing; and EventPlus, a service for professionally managed online and audio conferencing events. iLinc’s products and services are used by organizations worldwide in sales, HR and training, marketing, and customer support. More information about the Phoenix-based company may be found on the Web at www.ilinc.com .
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Factors that could contribute to such differences include the rate of acceptance of the Company’s products and services by customers, changes in the Web conferencing and audio conferencing market in general, the acceptance of new products, the Company’s need for working capital, the result of pending litigation, the competition the Company faces from larger and more well-capitalized competitors, and other matters more fully disclosed in the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q, and other reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates and expectations as of the date of the press release, and subsequent events and developments may cause the Company’s estimates and expectations to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates and expectations of its future financial performance as of any date subsequent to the date of this press release.
iLinc, iLinc Communications, iLinc Suite, MeetingLinc, LearnLinc, ConferenceLinc, SupportLinc, and its logo are trademarks or registered trademarks of iLinc Communications, Inc. All other company names and products may be trademarks of their respective companies.
Contact:
Mark R. Yeager
Vice President of Marketing
602-952-1200
pr@ilinc.com
Source: iLinc