EXHIBIT 21.1



                         SUBSIDIARIES OF THE REGISTRANT




     1.   Liberty Acquisition Corporation, a Tennessee corporation and wholly
          owned subsidiary of iLinc Communications, Inc.

     2.   Special Omega Acquisition Corporation, a Delaware corporation and
          wholly owned subsidiary of iLinc Communications, Inc.

     3.   Pentegra Investments, Inc., a Delaware corporation and wholly owned
          subsidiary of iLinc Communications, Inc.

     4.   Edge Acquisition Subsidiary, Inc., a Delaware Corporation and wholly
          owned subsidiary of iLinc Communications, Inc.

     5.   TW Acquisition Subsidiary, Inc., a Delaware Corporation and wholly
          owned subsidiary of iLinc Communications, Inc.