' Declare the LinkLabel object.
Friend WithEvents LinkLabel1 As System.Windows.Forms.LinkLabel

' Declare keywords array to identify links
Dim keywords() As String

Private Sub InitializeLinkLabel()
    Me.LinkLabel1 = New System.Windows.Forms.LinkLabel
    Me.LinkLabel1.Links.Clear()
    ' Set the location, name and size.
    Me.LinkLabel1.Location = New System.Drawing.Point(10, 20)
    Me.LinkLabel1.Name = "CompanyLinks"
    Me.LinkLabel1.Size = New System.Drawing.Size(104, 150)

    ' Set the LinkBehavior property to show underline when mouse
    ' hovers over the links.
    Me.LinkLabel1.LinkBehavior = _
        System.Windows.Forms.LinkBehavior.HoverUnderline
    Dim textString As String = "For more information see our" & _
       " company website or the research page at Contoso Ltd. "

    ' Set the text property.
    Me.LinkLabel1.Text = textString

    ' Set the color of the links to black, unless the mouse
    ' is hovering over a link.
    Me.LinkLabel1.LinkColor = System.Drawing.Color.Black
    Me.LinkLabel1.ActiveLinkColor = System.Drawing.Color.Blue

    ' Add links to the LinkCollection using starting index and
    ' length of keywords.
    keywords = New String() {"company", "research"}
    Dim keyword As String
    For Each keyword In keywords
        Me.LinkLabel1.Links.Add(textString.IndexOf(keyword), keyword.Length)
    Next

    ' Add the label to the form.
    Me.Controls.Add(Me.LinkLabel1)
End Sub

Private Sub LinkLabel1_LinkClicked(ByVal sender As Object, _
    ByVal e As LinkLabelLinkClickedEventArgs) _
    Handles LinkLabel1.LinkClicked

    Dim url As String

    ' Determine which link was clicked and set the appropriate url.
    Select Case LinkLabel1.Links.IndexOf(e.Link)
        Case 0
            url = "www.microsoft.com"

        Case 1
            url = "www.contoso.com/research"
    End Select

    ' Set the visited property to True. This will change
    ' the color of the link.
    e.Link.Visited = True

    ' Open Internet Explorer to the correct url.
    System.Diagnostics.Process.Start("IExplore.exe", url)
End Sub