MONTREAL, Sept. 20, 2005 (PRIMEZONE) -- Satelinx International Inc. (Pink Sheets:SLXI) --
Dear Shareholders:
Satelinx is experiencing many positive changes. We are indeed entering an exciting period in our company history. Our business plan is being successfully implemented and we have moved well beyond the proof of concept stage. Staying focused and increasing shareholder value are top priorities. These two elements will position the company to achieve beneficial results in the upcoming quarters. We realize we have a long road to travel, but Satelinx is better positioned today than at any time in our history, and we are viewed as the industry leader. The foundation has been laid to generate major revenue improvements in upcoming quarters, which will only add to a strong bottom line in the years ahead.
Our goal is to grow and provide world-class service to our client base. We have expanded our sales to several countries. In achieving our goal we will keep client retention as the highest priority, the cost to maintain is minimal while the income remains steady. Based on expected pending contracts, and after our successful merge with Virtual Wave, we will hit our previous goal of $5,000,000 in combined sales by year end. Our 2006 goals grow our combined sales to $15,000,000. I know this is an aggressive goal, but we are confident in our ability to achieve success. Our clients wanted more security and access to information 24/7; this proposed merger will provide both the ability to exceed client expectations while giving them a low cost solution.
We will continue to look for synergistic opportunities with customers and suppliers. Our clients and their input will be integrated into our ongoing programs; and, keeping our investors and shareholders informed on a consistent basis we feel will only enhance and maximize shareholder wealth.
Our employees are primed and ready to deliver; truly they are the backbone of the company. They have created a positive and competitive work environment, each one challenging each other to be better and to achieve 100% success on behalf of Satelinx. Our shareholders should be proud of their accomplishments and continue to expect excellence.
In closing, I would personally like to thank every client, employee and shareholder for continued support and growth in our shared successes. The quality of service has been outstanding, and I am confident shareholders will reap rewards over the long-term.
My warmest regards,
Sam Grinfeld Board Chairman Satelinx, Inc.
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