8-K

================================================================================
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D. C. 20549

                                 --------------

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): March 2, 2005

                                 --------------

                           iLINC COMMUNICATIONS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)



            DELAWARE                      1-13725                76-0545043
  (STATE OR OTHER JURISDICTION          (COMMISSION          (I.R.S. EMPLOYER
OF INCORPORATION OR ORGANIZATION)       FILE NUMBER)        IDENTIFICATION NO.)

2999 NORTH 44TH STREET, SUITE 650, PHOENIX, ARIZONA               85018
     (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                   (ZIP CODE)

                                 (602) 952-1200
              (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)

                                 --------------


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

================================================================================



ITEM 8.01.        OTHER EVENTS.

On March 1, 2005, iLinc Communications, Inc. ("the Company") filed a Schedule TO
(Rule 14d-100) Tender Offer Statement Under Section 14(D)(1) or 13(E)(1) of The
Securities Exchange Act Of 1934. A copy of the Company's press release is
attached as Exhibit 99.1 to this current report.


ITEM 9.01.        FINANCIAL STATEMENTS AND EXHIBITS.

The following exhibit is filed herewith:

EXHIBIT NUMBER             DESCRIPTION
- --------------             -----------

99.1              Press release dated March 2, 2005 issued by iLinc
                  Communications, Inc.
                  Filed herewith.



                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                       iLINC COMMUNICATIONS, INC.


                                       By: /s/ James M. Powers, Jr.
                                           -------------------------------------
                                           President and Chief Executive Officer
Date:  March 2, 2005



                                  EXHIBIT INDEX

EXHIBIT
NUMBER        DESCRIPTION OF EXHIBITS
- ------        -----------------------

 99.1         Copy of press release issued by iLinc Communications, Inc. on
              March 2, 2005.

EX-99.1

EXHIBIT 99.1


[iLINC COMMUNICATIONS LOGO]


CONTACT:   JAMES M. POWERS, JR.
           PRESIDENT AND CHIEF EXECUTIVE OFFICER
           (602) 952-1200


                     iLINC ANNOUNCES EXCHANGE OFFER FOR 12%
                     SUBORDINATED CONVERTIBLE NOTES DUE 2012

PHOENIX, Arizona (March 2, 2005) iLinc Communications, Inc. (AMEX:ILC),
developers of one of the most feature-rich and secure Web conferencing and
integrated audio conferencing solutions, announced today an offer to exchange up
to $5,625,000 principal amount of its 12% subordinated convertible notes due
2012 for common stock and modified warrants.

iLinc is offering to exchange the notes for common stock at a price of $0.40 per
share, and extend the exercise period and reduce the exercise price of
outstanding warrants to purchase iLinc common stock held by tendering note
holders. The notes and accompanying warrants were issued in 2002 as part of a
private placement. The warrants currently have an exercise price of $3.00 per
share and expire March 29, 2005. Those note holders who participate in this
exchange offer will receive, in addition to the common stock, an extension of
the exercise period of their warrants to March 29, 2006 and the exercise price
of the warrant will be reduced to $1.20 per share.

The issuance of the shares of iLinc common stock in connection with the exchange
offer will not be registered under the Securities Act of 1933 and such shares
may not be offered or sold in the United States absent registration or an
exemption from registration.

The exchange offer will expire at 5:00 p.m. EST, on March 29, 2005, unless
extended by iLinc, and iLinc will act as its own exchange agent. iLinc may
accept any portion of the $5,625,000 aggregate principal amount of notes, and
reserved the right to otherwise amend, extend, or terminate the exchange offer.

This press release is neither an offer to purchase nor a solicitation of an
offer to sell securities of iLinc. The exchange offer will be made only through
and upon the terms and conditions described in the Tender Offer Statement dated
March 1, 2005, a part of Schedule TO on file with the Securities and Exchange
Commission. The Tender Offer Statement, and related documents contain important
information that should be read carefully before any decision is made with
respect to the exchange offer. The Tender Offer Statement and the related letter
of transmittal are being sent to all holders of the notes, and the Tender Offer
Statement is available at no charge at the SEC's Web Site found at www.sec.gov
or from iLinc by visiting www.ilinc.com.

ABOUT ILINC COMMUNICATIONS, INC.

iLinc Communications, Inc. is a leading developer of integrated Web and audio
(phone) conferencing products and services for highly secure and cost-effective
collaborative meetings, presentations, and training sessions. The Company
enables customers to purchase and own iLinc Web conferencing software, which can
be installed inside of a customer's network or hosted by iLinc. Our products and
services include the iLinc suite of Web Conferencing software (MeetingLinc,
LearnLinc, ConferenceLinc, and SupportLinc); Phone (Audio) Conferencing
Services; On-Demand Conferencing; and EventPlus, a service for professionally
managed online and audio conferencing events. iLinc's products and services are
used by organizations worldwide in sales, HR and training, marketing, and
customer support. More information about the Phoenix-based company may be found
on the Web at www.iLinc.com.



THIS PRESS RELEASE CONTAINS INFORMATION THAT CONSTITUTES FORWARD-LOOKING
STATEMENTS MADE PURSUANT TO THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995. ANY SUCH FORWARD-LOOKING STATEMENTS INVOLVE RISK
AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY
FUTURE RESULTS DESCRIBED WITHIN THE FORWARD-LOOKING STATEMENTS. FACTORS THAT
COULD CONTRIBUTE TO SUCH DIFFERENCES INCLUDE THE RATE OF ACCEPTANCE OF THE
COMPANY'S PRODUCTS AND SERVICES BY CUSTOMERS, CHANGES IN THE WEB CONFERENCING
AND AUDIO CONFERENCING MARKET IN GENERAL, THE ACCEPTANCE OF NEW PRODUCTS, THE
COMPANY'S NEED FOR WORKING CAPITAL, THE RESULT OF PENDING LITIGATION, THE
COMPETITION THE COMPANY FACES FROM LARGER AND MORE WELL-CAPITALIZED COMPETITORS,
AND OTHER MATTERS MORE FULLY DISCLOSED IN THE COMPANY'S ANNUAL REPORT ON FORM
10-K, QUARTERLY REPORTS ON FORM 10-Q, AND OTHER REPORTS FILED WITH THE
SECURITIES AND EXCHANGE COMMISSION. THE FORWARD-LOOKING INFORMATION PROVIDED
HEREIN REPRESENTS THE COMPANY'S ESTIMATES AND EXPECTATIONS AS OF THE DATE OF THE
PRESS RELEASE, AND SUBSEQUENT EVENTS AND DEVELOPMENTS MAY CAUSE THE COMPANY'S
ESTIMATES AND EXPECTATIONS TO CHANGE. THE COMPANY SPECIFICALLY DISCLAIMS ANY
OBLIGATION TO UPDATE THE FORWARD-LOOKING INFORMATION IN THE FUTURE. THEREFORE,
THIS FORWARD-LOOKING INFORMATION SHOULD NOT BE RELIED UPON AS REPRESENTING THE
COMPANY'S ESTIMATES AND EXPECTATIONS OF ITS FUTURE FINANCIAL PERFORMANCE AS OF
ANY DATE SUBSEQUENT TO THE DATE OF THIS PRESS RELEASE.

iLinc, iLinc Communications, MeetingLinc, LearnLinc, ConferenceLinc,
SupportLinc, and its logo are trademarks or registered trademarks of iLinc
Communications, Inc. All other company names and products may be trademarks of
their respective companies.