To: Francois Goelo who wrote (1312 ) 8/18/1999 9:46:00 AM From: KS Respond to of 1591
August 18, 1999 09:30 Softlink Reports Sales Increase of 3100% From Previous Year End Results SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 18, 1999--Softlink, Inc. (OTC BB:SFLK) reported that year-end 1999 net sales increased by over 3100% over prior year levels. The increase in gross profit is reflective of the increase in sales. Earnings per diluted shares (EPS) were $(0.14) for the year, representing a 46% increase over the prior year EPS of $(0.26). Comparative Highlights: 1999 1998 Net Sales $ 731,000 $ 23,500 Gross Profit $ 691,900 $ 12,900 Basic & Diluted EPS $ (0.14) $ (0.26) "The 1999 results were highlighted by strong sales and earnings growth, together with record net cash flows, continuing Softlink's consistent record of improved financial performance," said William Yuan, president of Softlink. "Customer demand for the company's products remained strong across our platforms and major geographies. In addition, we are very pleased by initial customer reception to our newly introduced products, eMail inChorus(TM) and eMail VOICELink(TM)." About Softlink, Inc. Founded in 1996, Softlink, Inc. is an innovator in multimedia-based Internet communications. Using proprietary compression and composition technology, Softlink's eMail inChorus and eMail VOICELink products revolutionize conventional text-based email with voice, graphics, pictures, animation, and live annotation. The company is publicly traded, (OTC BB:SFLK), and maintains headquarters in Santa Clara. For more information visit the company web site at www.inChorus.com. For Investor Relations, please contact Gerard Damaro at 561/367-0363. Note to Editors: eMail inChorus and eMail VOICELink are trademarks of Softlink, Inc. All other trademarks are the property of their respective owners and are acknowledged. Information contained in this press release contains "forward-looking statements" which can be identified by the use of forward-looking terminology. Various risk factors could cause actual results to vary materially from the future results covered in such forward-looking statements, including "competition, the management of our growth and the ability to deliver new products to market on time." Such forward-looking statements are subject to other risks and uncertainties. CONTACT: Softlink, Inc., Santa Clara Lauren deVries, 408/496-6668 or 831/662-0669 ldevries@inChorus.com