24 June 2005

Appointments & Trading Update

Company  
TIDM
Headline
Released
Number
WILINK PLC  
WLK
Appointments & Trading Update
07:00 24-Jun-05
PRNUK-2306

WILink plc ('the Company')

WILink plc (LSE:WLK) a worldwide provider of online investor relations services
and web-based communications solutions, announces that Lincoln Partners, a
Chicago based Investment Bank, has been appointed to advise the Company on
strategic options to raise new finance for undertaking acquisitions, primarily
in the USA. As previously announced, the options under consideration will
include a greater private equity involvement in the ownership structure of the
Company, which may include taking the business private. However, there can be
no certainty that any offer for the Company will be made.

Effective 1st July 2005, Lee Godfrey, an Executive Director and currently Chief
Operating Officer for Europe, is appointed Chief Operating Officer of WILink
plc with global responsibility for sales and operations, reporting to Patrick
Galleher, Chief Executive Officer. This appointment is one of a number planned
to establish an integrated global organisation better equipped to maximise
sales, marketing and product development opportunities across core geographic
and product markets.

The web events business continues to perform very strongly, with revenues in
excess of double the equivalent period last year. PrecisionIR revenues are
currently behind prior year and expectations owing to weaker investor sentiment
than anticipated. As already announced, the planned additional investment in
sales and marketing is expected to adversely affect first half and full year
profitability compared to the previous year.

'We are pleased to be working with Lincoln Partners to secure a financing plan
to fund our growth,' said J. Patrick Galleher, Chief Executive Officer. 'We
have identified strategies to exploit our core competencies in new markets and
appointing Lincoln Partners is an excellent first step in executing those
strategies.'

Ends

For more information, please contact:

WILink plc       
Peter Wakeham 
Philip Cole  
                                                                              
Capital MS&L     
Steffan Williams  
Annabel O'Connor    

Lincoln Partners 
Rob Brown       


+44 (0) 7860 589 586               
+44 (0) 20 7192 0873               
                                                                               
    
+44 (0) 20 7307 5332
+44 (0) 20 7307 5339              


+1 312 580 8340   

About WILink
WILink plc (www.wilink.com) provides online Investor Relations and web-based
communications solutions. Since 1989, WILink has helped clients such as Hewlett
Packard, Deutsche Telecom and BP improve the effectiveness of their investor
communication. WILink's services include PrecisionIR(tm) (www.precisionir.com) and PrecisionFM(tm) (www.precisionfm.com) investor-communication programs that enable publicly traded companies and mutual funds to deliver compelling communications to a targeted audience of investors. WILink's Vcall® (www.Vcall.com) webcasting and webconferencing provides innovative technology and professional service that enables organizations to create compelling and influential web events.

About Lincoln Partners
Lincoln Partners is an investment bank specializing in mergers & acquisition
services, and private capital raising. Lincoln Partners focuses on select
industries including automotive, aerospace, building products, business
services, chemicals, consumer products, engineered products, electronics, food
products, and transportation. Headquartered in Chicago, Lincoln Partners is a
leading middle-market M&A advisor. The firm's clients include major publicly
traded companies, well-respected private equity firms and prominent
entrepreneurial businesses. By committing hands-on senior banker attention,
in-depth industry expertise and international resources to every transaction,
Lincoln Partners produces outstanding results for its clients. For more
information, visit www.lincolnpartners.com.

 

END