iLinc Views Changes in Web Collaboration Market as Opportunity for Rapid Growth

Cisco’s Announced Acquisition of WebEx Opens New Doors for iLinc

PHOENIX, Arizona (March 16, 2007) –

iLinc Communications, Inc. (AMEX:ILC), a leading provider of Web and audio collaboration software and services announced their positive reaction to the planned acquisition of WebEx(TM) by Cisco Systems. Cisco rocked the Web conferencing industry yesterday with their plans to fuel their on-demand collaboration strategy by acquiring WebEx for $3.2 billion, a significant premium over WebEx’s current market price and a valuation that exceeded eight times annual revenues.

James M. Powers, Jr., President and Chief Executive Officer of iLinc Communications stated, “Many of our institutional investors and partners asked us today what the acquisition of our major competitor means to iLinc. We see the acquisition of WebEx as great news for iLinc, especially when one considers the doors that will now be opened for potential strategic partnerships. We see the exit of WebEx as a stand-alone provider as an opportunity to forge new indirect channel relationships with those that compete with Cisco. We continue to focus on market share expansion by leveraging our announced indirect sales and OEM initiatives. Additionally, our direct sales group saw a significant number of new opportunities open up today as a result of the uncertainty surrounding the acquisition,” continued Dr. Powers.

Mr. Charles H. Giancarlo, Cisco’s Chief Development Officer and soon-to-be WebEx head, indicated yesterday concerning the WebEx acquisition that, “What Web 2.0 means to me is straightforward: Web 2.0 technologies allow users to collaborate directly over the open platform of the Internet …collaborating with video, voice and information 24 hours a day, 24 time zones around the world. But this collaborative technology will make huge advances in the business effectiveness with online collaborative tools.”

iLinc shares that collaboration vision by providing to our Fortune 500 and SMB customers alike real-time access to data, voice and video using an award-winning feature set in a unique combination of software ownership and on-demand hosting services.

“As importantly, the more than eight times revenue valuation to be paid by Cisco firmly establishes the value proposition of Web collaboration and its growing importance as a productivity driver in the business workplace. As one of the few — if not only — remaining publicly-traded providers focused exclusively on enterprise-class web, audio and video collaboration, we’re even more excited and optimistic about our future and our ability to positively impact our partners, customers, and shareholders,” concluded Dr. Powers.

Contact: James M. Powers, Jr.
President and CEO
iLinc Communications, Inc.
602-952-1200
pr@ilinc.com

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 are 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, EventPlus, On-Demand, iReduce, iLinc Enterprise Unlimited and its logos are trademarks or registered trademarks of iLinc Communications, Inc. All other company names and products may be trademarks of their respective companies.

Source: iLinc

 
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