another part of the puzzle today...trading around 2 7/8:
Cable Link, Inc. Signs Agreement With Internet Satellite Platform, Inc.
COLUMBUS, Ohio--(BUSINESS WIRE)--June 14, 2000--Cable Link, Inc. (OTCBB:CBLK - news), announced today that it has agreed to represent Internet Satellite Platform, Inc. (``iSat'') exclusively domestically in the United States and non-exclusively internationally to market iSat's high-speed internet access service to small to medium sized cable operators throughout the territory.
iSat's very affordable installation makes it attractive to small to medium size cable operators to be able to offer a service to increase the cable operators' revenue from a much demanded faster internet access solution.
Cable Link will receive on going royalties from customers it contracts with to go forward with iSat's program. The iSat solution is a complete turnkey package available through iSat's satellite partner.
The first launch of this service capability was shown at the Cable Tec Expo in Las Vegas and was well received by many interested operators. It is expected that the first sales of this service will take place shortly.
Scientific Atlanta Selects Cable Link Inc. as Their Parts Stocking Distributor
COLUMBUS, Ohio--(BUSINESS WIRE)--June 8, 2000--In furthering its leadership in CATV marketplace, Cable Link, Inc. (OTCBB:CBLK - news), a leader in equipment sales, repair, and business-to-business (B2B) eCommerce solutions for the Cable Television Industry and Scientific Atlanta, Inc. (NYSE:SFA - news), a leading supplier of broadband communications systems, satellite-based video, voice and data communications networks, today announced that Scientific Atlanta has selected Cable Link as the parts stocking distributor to support and supply cosmetic and proprietary parts to cable operators and repair facilities throughout the world.
Scientific Atlanta authorized Cable Link to stock and support existing Scientific Atlanta customers with parts needed for routine maintenance, as well as, provide in warranty and out of warranty service work as an Authorized Service Provider. These plans include a major increase in manufacturing capacity to meet the swelling demand of its flagship Explorer set-top boxes allowing for the production of 5.2 million units per year beginning in January 2001. With US $1.2 billion in 1999 revenues, Scientific Atlanta is a global company with 6,500 employees and operations in 70 countries.
``We are committed to providing the highest level of service and value to both of our customers through our current relationships and superior sales force,'' said Brenda Castle, president of Cable Link, Inc. ``Cable Link's knowledge of, and strong presence in the CATV industry made us the partner of choice to assist Scientific Atlanta in achieving their future business plans.''
After evaluating other companies, Scientific Atlanta selected Cable Link because of its long relationship, exceptional sales force, Internet interface and breadth of services. Cable Link's B2B eCommerce solution helps companies realize greater economies of scale and commerce process efficiencies, resulting in lower costs and competitive advantage through the online management of their inventory.
``SciCare(TM) Broadband Services is dedicated to providing enhanced customer support. With the increasing demand for Scientific-Atlanta's subscriber networks, which are widely deployed by cable operators into consumer homes throughout the U.S., it's important that we provide authorized repair services that are close to our customers,'' said Peter Evans, Director, Logistic Services, SciCare(TM) Broadband Services. ``By teaming with Cable Link, we are able to add to our full range of aftermarket services by giving our customers flexible, affordable service alternatives.''
``The Cable Link B2B eCommerce Platform and our long history of outstanding customer service have helped us sign major deals with ADC (Nasdaq:ADCT - news), AT&T (NYSE:T - news) and Scientific Atlanta in the past three months,'' said Bob Binsky Chief Executive Officer of Cable Link, Inc. ``We are in the advanced stages of negotiations with other companies to finalize more partnership agreements, which we hope to announce shortly.''
Cable link's goal for fiscal year 2001, after the anticipated ramp up of these contracts during the last half of this year, is to double its sales and achieve record bottom line performance.
AT&T Broadband and Internet Services Selects Cable Link B2B E-Commerce Network
Largest Cable Provider in North America Implements Cable Link B2B Inventory Management Solution
COLUMBUS, Ohio--(BUSINESS WIRE)--May 24, 2000-- Cable Link, Inc. (OTCBB:CBLK - news) a leader in equipment sales, repair, and business-to-business (B2B) eCommerce solutions for the Cable Television Industry, today announced that AT&T Broadband and Internet Services (NYSE:T - news), one of the largest providers of cable television entertainment and information programming services in the U.S., has signed an agreement to use the Cable Link B2B eCommerce network to manage certain segments of its inventory and sell surplus equipment.
AT&T will use the Cable Link B2B solution to improve management of its asset transfers throughout the U.S. With 10 million cable subscribers and 151,000 employees, AT&T has sales of $53 billion.
``We believe that the Cable Link B2B eCommerce network will allow AT&T to implement a more consistent and cost-effective asset transfer and sales program throughout their U.S. Business,'' said Brenda Thompson, President, Cable Link.
The Cable Link B2B eCommerce network helps companies realize greater process efficiencies and provides them a cost effective way to market their used equipment. The Cable Link solution provides companies with a B2B eCommerce infrastructure that electronically facilitates inventory transfer, maintenance, repair and sales from every cable systems PCs and directs inventory movement and sales through Cable Link to AT&T cable systems and the entire broadband B2B marketplaces.
The internet-based application provides access to Cable Link's services that can drive cost savings and simultaneously improve asset utilization. Cable Link's network provides a single point of integration for all AT&T cable systems and efficient trading mechanisms.
Cable Link, Inc. -- Reports First Quarter 2000 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--May 16, 2000--Cable Link, Inc. (OTCBB:CBLK - news) announces its first quarter 2000 consolidated financial results today. In February 2000, the Company (Cable Link, Inc. and its wholly-owned subsidiary, PC & Parts, Inc. dba Auro Computer Services) decided to close the Subsidiary and operations ceased on February 21, 2000. Net sales for the Parent for the first quarter ending March 31, 2000 were $2,078,664 compared to $3,163,075 for the first quarter ending March 31, 1999. This represents a decrease of $1,084,411 or 34% over the previous year for the same period.
Net income for the first quarter of 2000 for the Company was $267,344 or $0.14 fully diluted earnings per share versus net loss of $(200,899) or $(0.11) fully diluted earnings per share for the first quarter of 1999. This amount includes income (loss) from operations of the discontinued division.
The early part and to some extent the first six months of 2000 will reflect the changeover in the CATV industry from analog to digital equipment, especially in the converter box area. At Cable Link, Inc. we are positioning ourselves to be able to switch much of our revenue stream historically received from converter box sales to amplification equipment, new equipment, foreign sales, inventory management programs, and business to business solutions that we believe will make a larger difference in our future starting with the second half of our fiscal year.
Cable Link is a public company and trades over the counter on the bulletin board (OTCBB) under the symbol CBLK |
