Business Services Industry
iLinc Communications Selected by Guardian Life Insurance for Web Conferencing
Business Wire, June 21, 2004
PHOENIX -- iLinc to Connect More Than 8,000 Guardian Employees, Representatives, and Agencies Nationwide
iLinc Communications, Inc. (AMEX:ILC), developers of one of the most feature-rich and secure integrated Web and audio conferencing solutions available, today announced that it has been selected by The Guardian Life Insurance Company of America, the nation's fourth largest mutual life insurance company, to provide Web conferencing for its 5,500 employees and 2,800 financial representatives in 94 agencies nationwide.
iLinc was chosen by Guardian after an extensive vendor selection process for its secure, feature-rich solution with the most attractive "total cost of ownership" scenario. iLinc is the first Web conferencing company to offer the unique combination of Secure Sockets Layer (SSL) and Advanced Encryption Standard (AES) as part of a solution that can reside inside of an organization's network. This combination provides end-to-end security for all data, video, and voice-over-IP exchanged within an online meeting.
Organizations needing to standardize on a Web conferencing solution to support diverse needs typically choose iLinc to provide a cost-effective and turnkey single source. iLinc provides a standardized enterprise Web solution that maps to the ways businesses collaborate online -- whether it is for training, product demonstrations, customer support, or Web casts. And, importantly, iLinc offers the security and control of software that resides inside an organization's network, without the burden and expense of a complex implementation.
"Organizations familiar with iLinc's Web conferencing and collaboration are recognizing the need to standardize on one secure and integrated Web and audio conferencing solution," said James M. Powers, chairman, president, and chief executive officer of iLinc Communications. "This is particularly true in the financial services industry, where secure communications is critical. We're pleased that our unique combination of an installed solution with both AES and SSL has met Guardian's high standards."
Guardian joins a list of financial services companies that have chosen iLinc, including JPMorgan Chase, Aetna, Travelers Insurance, and CitiGroup. iLinc focuses on industries that demand secure, consistent, scalable, and manageable enterprise Web conferencing and collaboration, including high-tech, financial services, and professional services communities.
About The Guardian Life Insurance Company
Founded in 1860, The Guardian Life Insurance Company of America, New York, NY (Guardian) is the fourth largest mutual life insurance company in the United States. As of December 31, 2003, Guardian and its subsidiaries had $37.2 billion in assets. With more than 5,000 employees, over 2,800 financial representatives, and nearly 100 agencies nationwide, Guardian and its subsidiaries protect individuals, businesses, and their employees with life, disability, health and dental insurance products, and offer 401(k), financial products, and trust services. More information on Guardian can be obtained at www.guardianlife.com.
About iLinc Communications, Inc.
Phoenix-based iLinc Communications, Inc. (http://www.ilinc.com) is dedicated to helping corporations increase productivity through more efficient communications using integrated Web and audio conferencing for real-time collaboration. iLinc Communications has developed a powerful, easy-to-use suite of services. As a fully scalable and secure solution with the highest AES data encryption guidelines in the industry, the Company's conferencing services save organizations time and money while improving the effectiveness of a corporation's communications. iLinc Communications' core suite of Web products, including MeetingLinc, LearnLinc, ConferenceLinc, and SupportLinc, delivers a Web collaboration platform suitable for enterprise or organization-wide deployment.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Factors that could contribute to such differences include the rate of acceptance of the Company's products and services by customers, changes in the e-Learning and Web conferencing and collaboration market in general, use of the Internet, the acceptance of new products, the Company's need for working capital, the result of pending litigation, the competition the Company faces from larger and more well-capitalized competitors and other matters more fully disclosed in the Company's annual report on Form 10-K, quarterly reports on Form 10-Q and other reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates and expectations as of the date of the press release, and subsequent events and developments may cause the Company's estimates and expectations to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates and expectations of its future financial performance as of any date subsequent to the date of this press release.
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