SOURCE: AccessKey IP, Inc.

AccessKey IP, Inc.

August 26, 2010 18:30 ET

AccessKey IP Announces Resignation

ALBUQUERQUE, NM--(Marketwire - August 26, 2010) - AccessKey IP, Inc. (PINKSHEETS: AKYI), designer, developer and producer of advanced entertainment and communication devices, announced today the resignation of Bruce Palmer as President, CFO and Director effective immediately due to health issues.

In his letter Palmer stated, "Due to recent concerns regarding my health, I feel it is in the best interest of the Company that I resign at this time. Throughout my tenure at AccessKey, I've constantly been sustained by the innovation and commitment of the staff. I will always be proud of my association with the Company which has been challenging, exciting and at times difficult. As the Company is in a pivotal position of success, I am taking this action after lengthy consideration and with great sadness."

George Stevens, CEO, will assume the responsibilities as President of the Company and will oversee the Company's operations. Mr. Palmer has agreed to continue to provide accounting services to the company as his health permits.

About AccessKey IP, Inc.

AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey™ products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home™ and portable flash drive-sized AccessKey PC™ allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics and Business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.

Contact Information