Exhibit 99.1     Press Release dated August 20, 2001, of the Registrant.




                 FutureLink Corp. Announces Q2 Operating Results


LAKE FOREST, Calif., August 20 /Businesswire/ -- FutureLink Corp. (Nasdaq:
FTRL-Q) today announced that for the quarter ended June 30, 2001, the Company
had a loss of $18,056,000 or $1.84 per share on revenue of $25,213,000 as
compared with a loss of $28,603,000 or $3.28 per share on revenues of
$33,571,000 for the quarter ended June 30, 2000. As previously disclosed, on
August 14, 2001, the Company and its U.S. subsidiaries filed voluntary petitions
for relief under Chapter 11 of Title 11 of the United States Code, with the
United States Bankruptcy Court for the Southern District of New York. The
Company's Canadian and European operations were not part of the Chapter 11
filings.

About FutureLink. FutureLink Corp.'s Canadian and European affiliates engage in
the provision of information technology consulting and solutions offering
integration, delivery, management, and maintenance of software applications for
organizations choosing to augment or outsource their current information
technology needs. FutureLink Corp. integrates server based enterprise-wide
software applications that can be accessed from a centralized or remote
location.

                        (Dollars in Thousands, Except Share Data)

                      For the three months    For the six months
                           ended June 30         ended June 30
                       -----------------      ------------------
                       2001        2000         2001       2000
                       ----        ----         ----       ----

Revenue               25,213     33,571        60,997     56,215
Net Loss             (18,056)   (28,603)      (32,967)   (51,722)
Loss per share
Basic and
Diluted*               (1.84)    (3.28)        (3.36)     (6.22)
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* Reflective of 1-for-7 reverse stock split effected June 11, 2001.