SOURCE: iTeknik Holding Corporation

January 26, 2010 12:19 ET

iTeknik Holding Corp. Moves Its Network Operations Center to Start New Cost Cutting Initiatives

COMMERCE, MI--(Marketwire - January 26, 2010) - iTeknik Holding Corporation (PINKSHEETS: ITKH), a technological innovator in the telecommunications industry, announced today that it had successfully moved its Send Global subsidiary's Network Operations Center (NOC) to a new location in Southfield, Michigan. The Company said that this major move was part of a new strategic thrust to increase profits through cost reduction.

"We were able to complete this move after several months of custom software and system architecture development," stated Scott Pitcher, Technical Director of Send Global Corporation. "This move will help us better utilize our recent Phoenix Switch purchase. We have now completed our state-of-the-art upgrade to our technical operations."

"We are ecstatic about how well this major effort to move our NOC turned out," stated Jeffrey Lauzon, President of iTeknik Holding Corporation. "This move of our equipment to the new location will enable us to reduce our costs significantly and we expect to enhance our financial performance as a result."

About iTeknik Holding Corporation

iTeknik Holding Corporation's (ITKH) strategy is to grow by acquiring companies with unique products, technology and solid growth potential ( Send Global Corporation is a wholly owned subsidiary of ITKH. Send Global and its predecessor companies have offered cutting edge retail and wholesale telecommunications products and services for more than thirteen years. Through VoIP, data, a proprietary ANI gateway solution and traditional communications platforms, Send Global provides high quality, value priced international calls from the convenience of a mobile phone. For more information please visit our website

Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.

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