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Published on: 6/28/2007
Last Visited: 6/29/2007
James Dunn, Jr., Senior Vice President and Chief Financial Officer of iLinc Communications said, "While we are not satisfied with the revenue gains achieved, we accomplished much in Fiscal 2007 that sets the stage for predictable quarterly growth.
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This was an isolated incident related to a service that is non-core and we have implemented additional procedures to address that issue so this does not reoccur," concluded Mr. Dunn.
A Webcast of iLinc Communications' fiscal 2007 fourth quarter and year end conference call will be hosted live at 11:00 a.m. Eastern time on June 28, 2007.
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CONTACT: James M. Powers, Jr., President and Chief Executive Officer,+1-602-952-1200, or James L. Dunn, Jr., Senior Vice President and ChiefFinancial Officer, +1-602-952-1200, both of iLinc Communications, Inc.