EasyLink To Evaluate Strategic Alternatives

  
    
  
  
    
      EasyLink Services Corporation (“EasyLink”) 
      (Nasdaq:EASY) today announced that its Board of Directors has formed a 
      committee of independent directors (the “Committee”) 
      to evaluate strategic alternatives for EasyLink, which could include 
      a potential business combination transaction. On December 22, 
      the Company hired Americas Growth Capital as its financial advisor. As 
      part of this process, numerous parties have expressed interest in 
      potentially acquiring the business.
    
    
      EasyLink has received unsolicited indications of interest from Internet 
      Commerce Corporation (“ICC”) 
      for a transaction that would provide consideration of stock and cash 
      with a nominal value of $5.00 per share. The Committee believes that 
      given the early stage of the process it has undertaken it would be 
      premature to enter into exclusive discussions with ICC, and will 
      continue to pursue all interested parties to maximize value for 
      stockholders.
    
    
      About EasyLink Services Corporation
    
    
      EasyLink Services Corporation (NASDAQ: EASY), headquartered in 
      Piscataway, New Jersey, is a leading global provider of outsourced 
      business process automation services that enable medium and large 
      enterprises, including 60 of the Fortune 100, to improve productivity 
      and competitiveness by transforming manual and paper-based business 
      processes into efficient electronic business processes. EasyLink is 
      integral to the movement of information, money, materials, products and 
      people in the global economy, dramatically improving the flow of data 
      and documents for mission-critical business processes such as client 
      communications via invoices, statements and confirmations, insurance 
      claims, purchasing, shipping and payments. Driven by the discipline of 
      Six Sigma Quality, EasyLink helps companies become more competitive by 
      providing the most secure, efficient, reliable, and flexible means of 
      conducting business electronically. For more information, please visit www.EasyLink.com.
    
    
      This news release may contain statements of a forward-looking nature 
      relating to future events or financial results of EasyLink Services 
      Corporation. Investors are cautioned that such statements are only 
      predictions and actual events or results may differ materially. In 
      evaluating such statements, investors should specifically consider the 
      various factors that could cause actual events or results to differ 
      materially from those indicated from such forward-looking statements. 
      These include: the ability to service our remaining indebtedness; the 
      ability to continue as a going concern being dependent upon the ability 
      to generate sufficient cash flow to meet our obligations on a timely 
      basis, to obtain additional financing or refinancing as may be required, 
      and to achieve and maintain profitable operations; the ability to 
      attract additional customers or to expand services sold to existing 
      customers; the ability to successfully implement our business strategy; 
      the ability to commence service for new customers on a timely basis and 
      to ramp usage by such customers in accordance with our expectations; and 
      significant competition. These and other risks and uncertainties are 
      described in more detail in the Company's filings with the Securities 
      and Exchange Commission.