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Technology Stocks : UNDISCOVERED NET STOCKS...Not yet BOOMING! -- Ignore unavailable to you. Want to Upgrade?

To: Mel Spivak who wrote (180)	2/3/1999 11:09:00 AM
From: Mel Spivak	Read Replies (1) \| Respond to of 525

LKON again: I have been following LKON closely for years. The stock is acting well. LKON may be a takeover by a LU, NT, etc., See my report: Message 7613415

To: Mel Spivak who wrote (180)	2/3/1999 3:01:00 PM
From: Mel Spivak	Read Replies (2) \| Respond to of 525

LKON forming ISP subsidiary: Linkon Forms IP Telephony Enhanced Services Subsidiary to Serve the International VOIP Long Distance Calling Market FAIRFIELD, Conn., Feb. 3 /PRNewswire/ -- Linkon Corporation (OTC Bulletin Board: LKON - news) announced today that it had formed LinkNetwork Corporation, a new wholly owned subsidiary. The LinkNetwork Corporation will establish and operate network nodes throughout the globe interconnected by an Internet Protocol network backbone. LinkNetwork plans to recruit international partners who will deliver advanced IP telephony services in their respective local countries. The new company is beta testing its first network node in New York City and has shipped product to its first partner. LinkNetwork is expected to be operational by March 1, 1999. ''The motivation to form an IP enhanced services division is driven by telecom analysts' projections like that of Ovum Research, that show the global IP services market to be in the $60 billion range within the next five years. Also, Linkon has extensive experience in service provision and network design. Service provision is very familiar territory for us since we were founded as and successfully ran an audio-text service bureau. Over the years we have assisted major telephone companies like AT&T in setting up large scalable computer telephony solutions similar to IP telephony solutions,'' said Lee W. Hill, President and CEO of Linkon Corporation. ''As we survey the current players in the rapidly emerging IP Telephony field, we believe our business model gives us some distinct advantages. Not the least is that we possess advanced IP Telephony technology. Next, we have constructed our partner program to be 'user friendly.' Our international partners can start as small as their needs require and can grow their businesses using our scalable platforms. We have no required purchases of minutes, no minimum volumes. We are truly pay as you go. ''Response to this approach has been very enthusiastic. We are now in negotiation with potential LinkNetwork Partners in ten countries. For a no cost Partner Proposal, interested parties should email erich@linkon.com,'' added Hill. Linkon also announced that Eric Hernaez had joined the company as Vice President, Business Development. Mr. Hernaez is a graduate of Temple University School of Law. Previously, he was chief operating officer of an emerging IP Telecommunications company. Hernaez will report directly to Lee W. Hill, President and CEO. This release contains forward-looking statements which are subject to factors which may cause Company results to vary from those expected. Risks include: the uncertainty of product acceptance, dependence on its relationship with AT&T and Sun, the competitive nature of targeted industries, government regulations, legal uncertainties, dependence on key personnel, and a variety of risks set forth from time to time in Linkon Corporation's filings with the Securities and Exchange Commission. Linkon undertakes no obligation to publicly release results of any of these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected events. About Linkon Corporation Linkon develops and markets Internet Protocol Telephony enhanced services equipment and services for the telecom, data, cable, utility and Internet industries. Its products are sold to end-users and through system integrators, application developers, value added resellers and original equipment manufacturers. SOURCE: Linkon Corporation