EXHIBIT 99.1

Neta Eshed
General Counsel
Metalink Ltd.
Tel: 972-77-4495900
Fax: 972-153-77-4495901
Neta@Mtlk.com

                  METALINK'S SHARES TO BE DELISTED FROM NASDAQ

GEALYA, ISRAEL, April 18, 2011 - Metalink Ltd. (NASDAQ: MTLK), today announced
that it had received notice from the staff of the NASDAQ Stock Market LLC, on
April 12, 2011 indicating that the Company has failed to regain compliance with
the minimum $1.00 per share requirement for continued listing as set forth in
NASDAQ's Listing Rule 5550(a)(2) by April 11, 2011 and that, unless the Company
appeals, the Company's ordinary shares will be delisted from The NASDAQ Capital
Market at the opening of business on April 21, 2011. Metalink does not intend to
appeal the delisting determination.

When delisted from The NASDAQ Capital Market, the Company's shares are expected
to become eligible for quotation on the OTC Bulletin Board (OTCBB) or in the
"pink sheets".

The Company will continue to file its periodic reports with the U.S. Securities
and Exchange Commission, including Annual Reports on Form 20-F and periodic
reports on Form 6-K, as required by applicable securities laws.

ABOUT METALINK

Metalink shares trade on Nasdaq under the symbol "MTLK". For more information,
please visit our website at http;//www.MTLK.com.

                              SAFE HARBOR STATEMENT

This press release contains "forward looking statements" within the meaning of
the United States securities laws. Words such as "aim," "expect," "estimate,"
"project," "forecast," "anticipate," "intend," "plan," "may," "will," "could,"
"should," "believe," "predicts," "potential," "continue," and similar
expressions are intended to identify such forward-looking statements. Because
such statements deal with future events, they are subject to various risks and
uncertainties that could cause actual results to differ materially from those in
the forward looking statements. Factors that could cause or contribute to such
differences include, but are not limited to: whether Metalink shares will be
eligible for quotation on the OTCBB or pink sheets; absence of significant
operations following the Lantiq transaction; uncertainty as to our future
business model and our ability to identify and evaluate suitable business
opportunities; and our U.S. shareholders may suffer adverse tax consequences if
we will be classified as a passive foreign investment company. Additional
factors that could cause actual results to differ materially from these
forward-looking statements are set forth from time to time in Metalink's filings
with the Securities and Exchange Commission, including Metalink's Annual Report
in Form F-20. Readers are cautioned not to place undue reliance on
forward-looking statements. Except as required by applicable law, the Company
undertakes no obligation to republish or revise forward-looking statements to
reflect events or circumstances after the date hereof or to reflect the
occurrences of unanticipated events. The Company cannot guarantee future
results, events, and levels of activity, performance, or achievements.