NEWS is Here.....Monday should be great!
I-Link Worldwide Adds AS Group
PR Newswire - July 10, 1998 18:37
Company anticipates adding more than 15,000 new representatives
DRAPER, Utah, July 10 /PRNewswire/ -- I-Link Inc. (Nasdaq: ILNK), an enhanced voice and data communications company, today announced the addition of the AS Group of network marketers to the I-Link Worldwide distribution channel.
The AS Group, a network marketing group co-founded by Alex Arnold and Scott Mercker, was formerly with Journey Telecom. Journey Telecom ceased operations in June of this year. It is believed that many of the AS Group's more than 15,000 representatives will now be I-Link Worldwide independent representatives.
"I-Link is experiencing very positive dynamic growth on a variety of fronts," said John Edwards, chairman and CEO of I-Link. "One of the bellwethers of this growth is the addition of the AS Group to our network marketing channel. In addition we recently received a $10 million equity investment that allows us to further expand our telecommunications network and build the necessary infrastructure to support this growth. Our business is strong and we are very positive about the future."
Arnold and Mercker have nearly 20 years combined experience in network marketing including building very successful groups at both Excel Communications and Journey Telecom. In the last four years the AS Group has sold more than $100 million in telecommunications products via network marketing.
According to Jon McKillip, vice president of I-Link Worldwide, the AS Group is a significant addition to I-Link. "Alex and Scott have built one of the most respected networking marketing groups in the industry. The AS Group was aggressively pursued by more than a few other network marketing companies. The fact that they chose I-Link is a significant coup and indicative of the excellent opportunities we offer and services we provide," McKillip said.
Arnold said, "We are excited to be joining I-Link. We looked very carefully at several companies before choosing I-Link. I-Link shares our vision for building a new kind of global communications company."
Mercker believes the I-Link management team was also a key part of their decision. "I-Link's executives have great experience managing hypergrowth environments. This is particularly important to us as we expect our group to bring more than 35,000 distributors into the I-Link channel in the next 12 months," said Mercker.
The products and services sold by I-Link Worldwide include long-distance and enhanced communications offerings. The two primary products, V-Link Access and V-Link Access One, offer long-distance rates as low as 4.9 cents per minute as well as fully integrated communications services such as voice mail, e-mail, fax, voice-on-demand, fax-on-demand, teleconferencing, one- number services and a Web interface. Monthly subscriptions start at $4.95 per month.
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 i-link.net. |