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Article: iLinc Provides Update on Sales Model and Outlook.
- Article from:
- Biotech Week
- Article date:
- July 22, 2009
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iLinc Communications, Inc., a leading developer of web and video conferencing software and services, today provided an overview of the fiscal year that ended March 31, 2009 and its prospects for the next fiscal year. Fiscal Year 2009 Highlights1 Shifted sales and marketing focus in fiscal 2009 to Software-as-a-Service (SaaS) model adding monthly recurring revenue to the Company's existing revenue base (see also iLinc Communications, Inc.).
Since the shift to SaaS, booked over 850 new transactions adding SMB and enterprise customers to an existing and loyal customer base, with over 130 added in month of March alone.
In the March quarter, compounding SaaS ...