Price now 1.00/1.06 on 28k..release came out a few minutes ago...SFLK on OTC BB...do your own dd...
Softlink Joins the Ranks of Netscape and Symantec in TDK Bundle
With $6 Billion in Sales, a Major Electronic Communications Player
SANTA CLARA, Calif., Dec. 22 /PRNewswire/ -- In the first of a series of bundling agreements presently being negotiated with major computer and peripheral manufacturers, Softlink Inc. (OTC Bulletin Board: SFLK - news) today announced that it had reached agreement with modem manufacturer TDK to bundle its revolutionary Voicelink software with the new TDK 56k modem. Softlink's revolutionary Voicelink software enables users to send voice messages in lieu of text-based e-mail. The bundling deal is focused on the Japanese market, where Voicelink is the fifth-largest selling software product in its class and is increasingly establishing a new standard for voice-based Internet communication.
TDK was the #1 modem manufacturer in Japan in 1997.
With $6 billion in sales, TDK is a major player in the electronic communications field. Its 56k modem sells for $230 MSRP and runs on Windows 95/98/NT/CE. Along with Softlink's e-mail Voicelink, the modem will include: Symantec's Anywhere, Netscape's Communicator 4.0 and Adobe's Acrobat Reader. Since Voicelink includes a built-in demo of Softlink's multi-media package, Powerlink, follow-up sale onto Powerlink is anticipated from the initial distribution of Voicelink. The initial forecasts for these sales suggest that over 5,000 units a month of the software-bundled modem will be sold.
Since all future TDK modems will include Softlink's Voicelink, the agreement reached today represents an important long-term affirmation of Softlink's voice-enabled Internet communications technology. It is also an important milestone in the evolution of Softlink from a development stage company to its growth stage. Softlink forecasts the following two years of sales at $11,925,000 and $27,400,000 with gross profit of 88% and after-tax profit of 30%.
For more information about Voicelink, Powerlink and the range of products and services that the company offers, visit the Softlink web site at sonk.com .
For further information, contact: International Buying Power Corporation, 561-482-0004/Fax 561-488-2602. This material was prepared by International Buying Power Corporation (''IBP'') for the company discussed herein, based upon information supplied by the client or other sources believed to be reliable. The company's actual results could differ materially from those described in the forward-looking statements discussed in this press release. This material is for information purposes and should not be construed as an offer or solicitation of an offer to buy or sell the securities. IBP, its affiliates, and/or its officers, directors and employees may from time to time have a position in these securities. IBP has received compensation for the preparation of its reports. |