SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (date of earliest event reported): September 24, 1998
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I-LINK INCORPORATED
(Exact name of registrant as specified in its charter)
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Florida 0-17973 59-2291344
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
13751 South Wadsworth Park Drive, Suite 200, Draper, UT 84020
(Address of principal executive offices)
Registrant's telephone number, including area code: (801) 576-5000
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Item 5. Other Events
On September 24, 1998 the Company issued the Press Release included as
Exhibit 99.1 hereto.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99.1 Press Release dated September 24, 1998.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
I-LINK INCORPORATED
(Registrant)
Dated: September 24, 1998 By: /s/ John W. Edwards
John W. Edwards, President,
Chief Executive Officer
Dated: September 24, 1998 By: /s/ Karl S. Ryser, Jr.
Karl S. Ryser, Jr.,
Chief Financial Officer
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EXHIBIT 99.1
NEWS RELEASE
FOR IMMEDIATE RELEASE: Sept. 24, 1998
MEDIA CONTACTS:
Scott Corfield Kevan Barney
Politis Communications Politis Communications
(801) 523-3730 (801) 523-3730
(801) 949-7002 (mobile) (801) 949-7001 (mobile)
[email protected] [email protected]
FINANCIAL CONTACT:
Karl Ryser Jr.
I-Link Inc.
(801) 576-5025
[email protected]
I-LINK TO FURTHER EXPAND ITS IP TELEPHONY NETWORK, MAKING IT AVAILABLE TO
60% OF THE U.S. POPULATION
DRAPER, Utah (Sept. 24, 1998) -- I-Link Inc. (Nasdaq: ILNK), an enhanced
voice and data communications company, today will announce plans to further
expand its IP (Internet protocol) telephony network in 1999, making it
available to 60 percent of the U.S. population. The announcement will be
made at I-Link's National Conference in Salt Lake City.
"When completed in 1999, I-Link's expanded IP telephony network will
include thousands of cities in such far-flung metropolitan areas as Atlanta,
Baltimore, Boston, Cincinnati, Detroit, Indianapolis, Kansas City,
Louisville, Memphis, Minneapolis, Nashville, Sacramento, San Antonio, San
Diego, San Francisco, St. Louis, and Washington, D.C., just to name a few,"
said John Edwards, I-Link chairman and CEO. "Now that we have proven that we
can successfully layer our IP technologies on top of any type of
telecommunications infrastructure - be it a copper, fiber optic or mobile
system - we are ready to bring our enhanced communications services and great
long-distance rates to the majority of the U.S. population via our VIP
telephony network."
I-Link claims to have the largest IP telephony network in the U.S.,
bringing enhanced services and long-distance rates as low as 4.9 cents per
minute to customers in more than 200 cities in the greater Los Angeles/Orange
County, Dallas/Ft. Worth, Houston, Phoenix and Salt Lake City metro areas.
(I-Link previously announced its intent [Aug. 13] to also expand its enhanced
services IP telephony network into the New York City, Chicago, Seattle,
Orlando, Fla., and Pittsburgh, Pa., markets by Jan. 1, 1999.)
"The expansion of I-Link's IP telephony network will make it that much
easier for our representatives to sell I-Link's enhanced and traditional
communications services," said Jon McKillip, vice president of sales and
marketing for I-Link Worldwide. "The upside is that as we bring new areas
online, more and more of the U.S. will be able to have long-distance rates as
low as 4.9 cents per minute. In addition, we will also bring local access to
V-Link[TM] - our powerful environment for enhanced communications services -
to more than one-half of the U.S. population. That's also very exciting."
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"Building" a Virtual IP Network
"Interestingly, due to the design of our IP software and our low-cost IP
routers, we have been able to 'build' a virtual IP telephony network by using
new or existing copper wire or silicon strands deployed by other
communications companies," said Bob Bryson, I-Link vice president of product
marketing. "Not only that, but I-Link uses this infrastructure 10 times more
efficiently than existing carriers. As a result, not only do we not have to
spend hundreds of millions or billions of dollars building a new network (as
many other companies are doing), but we also don't have to tie up as much
infrastructure to achieve our goals.
"This is not to say that we don't control and manage the underlying
infrastructure in our IP telephony network, because we most definitely do.
It's important to remember, however, that we also created the technologies
that allow us to create this virtual IP telephony network at a fraction of
the cost. In fact, the more of this IP telephony network we deploy, the less
expensive and more profitable it becomes to operate."
Preliminary Details of I-Link's Expanded IP Telephony Network
Specific details of the individual calling areas served by I-Link's
expanded IP telephony network will be released today at its National
Conference in Salt Lake City. A preliminary list of the metropolitan areas
that will be covered by I-Link's expanded IP telephony network when fully
deployed in 1999 is shown below in alphabetical order, followed by the area
code(s) which will be fully or partially served per metro area. (A complete
list of the cities served in each metro area will be released as I-Link's IP
telephony network is deployed.)
Akron, OH: 330
Albuquerque, NM: 505
Atlanta, GA: 404, 678
Austin, TX: 512
Bakersfield, CA: 805
Baltimore, MD: 301
Birmingham, AL: 205
Boca Raton/West Palm Beach, FL: 561
Boston, MA: 508, 617, 781, 978
Bridgeport/Hartford/New Haven, CT: 203
Charlotte, NC: 704
Chicago, IL: 312, 630, 708, 773, 847
Cincinnati, OH: 513, 606, 812
Cleveland, OH: 216, 440
Columbus, OH: 614
Dallas/Ft. Worth, TX: 214, 254, 903, 940, 972
Dayton/Springfield, OH: 513, 937
Detroit, MI: 248, 313, 810
El Paso, TX: 915
Fresno, CA: 209
Ft. Lauderdale, FL: 954
Grand Rapids, WI: 616
Houston, TX: 281, 409, 713
Indianapolis, IN: 317, 765
Jacksonville, FL: 904
Kansas City, MO: 816
Las Vegas, NV: 702
Los Angeles, CA: 213, 310, 323, 562, 626
Louisville, KY: 502, 812
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Memphis, TN: 901
Miami, FL: 305
Milwaukee, WI: 414
Minneapolis/St. Paul, MN: 612
Nashville, TN: 615
New York City/Newark, NJ: 201, 212, 516, 718, 732, 908, 914, 917, 973
Oakland, CA: 510, 925
Orange County, CA: 714, 949
Orlando, FL: 407
Philadelphia, PA: 215, 412, 609, 610
Phoenix, AZ: 602, 907
Pittsburgh, PA: 412
Portland, OR: 503
Providence, RI: 401
Riverside/San Bernardino, CA: 714, 909, 949
Sacramento, CA: 916
Salt Lake City, UT: 435, 801
San Antonio, TX: 210, 830
San Diego, CA: 619, 760
San Francisco, CA: 415, 650
San Jose, CA: 408, 415
Seattle/Bellevue/Everett, WA: 206, 425
Spokane, WA: 509
St. Louis, MO: 314, 573
St. Petersburg/Tampa, FL: 813
Tacoma, WA: 206, 253
Tucson, AZ: 520
Tulsa, OK: 918
Washington, D.C.: 202, 410, 757
"When you add it all up it's a pretty impressive list," Edwards said.
"This list includes more than 100 area codes, representing thousands -
perhaps tens of thousands - of individual towns and cities across the
country. I-Link will soon be able to offer the close to 125 million
residents of these areas local access to high-quality enhanced communications
services previously unavailable to them and at incredible price points."
Founded in 1994, I-Link Inc. is an enhanced voice and data
communications company that uses Internet protocol (IP) telephony and its own
private network to provide low-cost long-distance, conference calling, voice
mail, fax, e-mail and other communications services. I-Link's products and
services are primarily offered through a network marketing channel. Through
wholly owned subsidiaries MiBridge Inc. and ViaNet Technologies Ltd., I-Link
develops emerging communications technologies that are used by I-Link and
other leading communications firms worldwide. I-Link is headquartered in
Draper, Utah, and its Web site is located at http://www.i-link.net.
The statements made in this release that are not historical facts
contain forward-looking information that involves risks and uncertainties.
Important factors that may cause actual results to differ include, but are
not limited to, the impact of competitive products and services, the
company's ability to manage growth and acquisitions of technology or
businesses, the effect of economic and business conditions, and other risks
detailed from time to time in the company's filings with the Securities and
Exchange Commission.
Note to editors: There are 101 area codes included in the list above.
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