iLinc Selected By Citistreet
Citigroup / State Street Venture Moves from Web Conferencing Service to Software
PHOENIX, Arizona (September 12, 2005) –
iLinc Communications, Inc. (AMEX:ILC), developers of Web conferencing software and audio conferencing solutions, announced a new contract with CitiStreet, LLC. The company has migrated from a Web conferencing ASP service to a purchased Web conferencing software solution from iLinc, enabling CitiStreet to take advantage of a one-time fee for unlimited Web conferencing.
CitiStreet, a 50/50 joint venture between State Street Corp. and Citigroup, is one of the largest global benefits delivery firms in the United States. Headquartered in Quincy, Massachusetts, CitiStreet serves more than 9 million participants and administers approximately $215 billion in assets in the United States. CitiStreet has selected iLinc Web conferencing for their training initiatives to support call center sites in Florida, Maine, and Massachusetts.
“We appreciate the instructional capabilities built into iLinc for both scheduled online training sessions as well as just-in-time training sessions,” said Cathy Furia, senior training manager at CitiStreet. “And, the purchased software licensing model that iLinc offers gives us the ability to reach a very large number of agents without incurring recurring fees. Owning a Web conferencing capability instead of leasing it on a yearly or monthly basis makes great economic sense for us.”
“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,” noted James M. Powers, Jr., president and chief executive officer of iLinc Communications. “Many organizations, such as CitiStreet, choose iLinc’s hosted software purchase option which enables a company to buy their Web conferencing software and host it at the iLinc 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.”
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 .
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