iLinc Teams With Frost & Sullivan To Deliver Web Event
Web Session to Discuss Advantages of Web Conferencing Software Solutions
PHOENIX, Arizona (August 04, 2005) –
iLinc Communications, Inc. (AMEX:ILC), developers of Web conferencing software and audio conferencing solutions, announced a free, live Web event featuring Roopam Jain, Senior Analyst – Conferencing & Collaboration for Frost & Sullivan and author of “World Web Conferencing Markets 2005.” The 30-minute session will detail why organizations are migrating from ASP service to purchased software solutions, the types of organizations best suited for Web conferencing software, and key factors in implementing Web conferencing software successfully. Interested parties can register for the free event at www.ilinc.com/event.
In a recent report from industry analyst Frost and Sullivan, the Web conferencing purchased software market is projected to grow about 39% CAGR over the next six years while the Web conferencing service market will grow approximately 22% CAGR over the same time period. “We believe that increasing usage within organizations that have adopted Web conferencing as a best practice is driving this trend which is in line with how we have structured our product offering,” noted James M. Powers, Jr., president and chief executive officer of iLinc Communications. “As Web conferencing usage within any organization grows, installed software solutions become attractive because they offer important benefits over hosted services such as: cost savings and a high ROI; better control and security; better integration with existing programs and applications and unlimited usage. iLinc also offers a hosted software purchase model that enables companies 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. When these organizations are ready to move their software from our co-location to their internal network, they can easily do so. This strategy enables our organization to take advantage of the current strength of the Web conferencing service market and yet retain customers as they make the natural transition to installed software solutions.”
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