OLNK OneLink Corporation (CE)

OneLink Corporation (OTCBB: OLNK) today reiterated its focus on its core transaction processing business providing integrated distribution and settlement processing services. The events of the past 60 days, including the planned divestiture of the company�s call centers, have allowed the company to evaluate and reduce personnel-intensive costs and deploy its resources back into its high value business model. �OneLink management had previously made a decision to divest its call centers and spin-out the CCRA travel marketing business unit as the first OneLink transaction processing customer,� said Bill Guerin, chairman and chief executive officer of OneLink Corporation. �OneLink�s lender action of selling the Reservation Center, Inc. subsidiary moves us more rapidly beyond our success with CCRA and to focus our business development initiatives with other travel marketing organizations, distribution partners and travel providers in the U.S. and abroad.� As the company has previously discussed, it intends to target domestic and international distribution partners that can most immediately take advantage of its current pre-paid hotel content and financial settlement services within their client offering. OneLink continues to engage in efforts to raise growth capital and expand its services globally. �OneLink has experienced a growing industry interest this quarter, and even though the events of the past few months may have put us somewhat behind schedule, we fully expect a strong showing in 2007,� concluded Guerin. About OneLink Corporation OneLink Corporation (OTCBB: OLNK) is a provider of integrated booking and settlement processing services for travel suppliers and their distributors. The firm is the first of its kind to offer non-airline travel suppliers the ability to distribute a pre-paid product to consumers through travel agents worldwide, and to recognize financial settlement through a single, online global distribution and financial settlement system. OneLink�s mission is to increase the number and quality of online bookings made through global retail travel channels while improving cash flow and reducing distribution costs, ultimately resulting in lower prices for the consumer. Headquartered in San Francisco, OneLink is operated by an experienced team of travel distribution professionals, financial settlement experts and established global technology specialists. For more information, visit www.onelinkcorp.com. This press release is not a solicitation to buy or sell securities. This press release includes "forward looking statements" as defined by the Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate in the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future performance. Actual results or developments may differ materially from those projected in the forward-looking statements as a result of many factors, including delays in development and implementation of the Company's system, market acceptance of the new system, creditor actions and problems in obtaining additional financing. Furthermore, the Company does not intend (and is not obligated) to update publicly any forward-looking statements. The contents of this release should be considered in conjunction with the warnings and cautionary statements contained in the Company's recent filings with the SEC. OneLink Corporation (OTCBB: OLNK) today reiterated its focus on its core transaction processing business providing integrated distribution and settlement processing services. The events of the past 60 days, including the planned divestiture of the company's call centers, have allowed the company to evaluate and reduce personnel-intensive costs and deploy its resources back into its high value business model. "OneLink management had previously made a decision to divest its call centers and spin-out the CCRA travel marketing business unit as the first OneLink transaction processing customer," said Bill Guerin, chairman and chief executive officer of OneLink Corporation. "OneLink's lender action of selling the Reservation Center, Inc. subsidiary moves us more rapidly beyond our success with CCRA and to focus our business development initiatives with other travel marketing organizations, distribution partners and travel providers in the U.S. and abroad." As the company has previously discussed, it intends to target domestic and international distribution partners that can most immediately take advantage of its current pre-paid hotel content and financial settlement services within their client offering. OneLink continues to engage in efforts to raise growth capital and expand its services globally. "OneLink has experienced a growing industry interest this quarter, and even though the events of the past few months may have put us somewhat behind schedule, we fully expect a strong showing in 2007," concluded Guerin. About OneLink Corporation OneLink Corporation (OTCBB: OLNK) is a provider of integrated booking and settlement processing services for travel suppliers and their distributors. The firm is the first of its kind to offer non-airline travel suppliers the ability to distribute a pre-paid product to consumers through travel agents worldwide, and to recognize financial settlement through a single, online global distribution and financial settlement system. OneLink's mission is to increase the number and quality of online bookings made through global retail travel channels while improving cash flow and reducing distribution costs, ultimately resulting in lower prices for the consumer. Headquartered in San Francisco, OneLink is operated by an experienced team of travel distribution professionals, financial settlement experts and established global technology specialists. For more information, visit www.onelinkcorp.com. This press release is not a solicitation to buy or sell securities. This press release includes "forward looking statements" as defined by the Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate in the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future performance. Actual results or developments may differ materially from those projected in the forward-looking statements as a result of many factors, including delays in development and implementation of the Company's system, market acceptance of the new system, creditor actions and problems in obtaining additional financing. Furthermore, the Company does not intend (and is not obligated) to update publicly any forward-looking statements. The contents of this release should be considered in conjunction with the warnings and cautionary statements contained in the Company's recent filings with the SEC.