Interlink / Assai

Interlink Global Corp. Inc. today announced that it has acquired 100% of the stock of Assai Inc., a New Jersey based wholesale Internet VoIP provider. The company is presently moving Assai's operations and management team to the offices of Interlink in Miami, and has changed the name of Assai to Interlink Global Communications Inc. The purchase price consisted of the Assai's shareholders receiving 1 million shares of Interlink's restricted stock, with the right to earn an additional 1 million shares of restricted common stock if the subsidiary achieves its 2005 and 2006 projections.

Assai Inc., which was formed in 2003, provides Internet wholesale VoIP minutes, (traffic) to major international customers including Jaina Systems in the United States, BD Cell in India, Asia Digicel: in India, Amar Phones in India, Buy VOIP in India and Kharafi National in the US and India. The Company's present wholesale traffic is over 12,000,000 minutes per month.

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