SOURCE: iTeknik Holding Corporation

April 14, 2010 09:26 ET

iTeknik Holding Corporation Sees Preliminary Increase in Wireless PIN Sales After Launch of Its New Web Interface

COMMERCE, MI--(Marketwire - April 14, 2010) -  iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader and innovator in the telecommunications industry, announced that its Send Global subsidiary has seen a significant increase in its Wireless PIN revenues since the March 22nd launch of its new Web Interface Version 6.0 to its dealer network. Send Global now offers Real Time Replenishment of Boost Mobile's pin-less calling services, Page Plus Unlimited, Simple Wireless and several new international products. Version 6.0 now provides four international calling plans, 26 prepaid domestic wireless products and 21 prepaid international wireless products.

Walter Culbertson, President of Sea-Com, an independent Send Global distributor, stated, "Retailers are excited about our new RTR real time replenishment domestic and international prepaid wireless offerings. Now our retailers can log in and top up a customer's prepaid phone, add our Send Global international calling service and top up his family's overseas cell phone, all from one integrated web interface."

Mike West, General Manager of Send Global, stated, "While we are early into the launch, we are really excited about our retailers' reaction to our new web interface. We believe that we have the most user-friendly web interface in the industry. We expect this user-friendly feature to increase Send Global product sales as retailers prefer our interface to provide other services to their customers."

About iTeknik Holding Corporation
iTeknik Holding Corporation provides wholesale and retail telecommunications services and products worldwide. Its services include voice over Internet protocol origination and termination; A-Z routing and switching; wholesale carrier routing services; reseller billing and reporting; Web-based reseller solutions; prepaid calling card solutions; international cellular calling; and retail point of sale solutions. The company serves B2B carriers, telecom resellers, retail outlets and consumers direct through websites such as www.greatminutes.com and www.indiaminutes.com. iTeknik Holding Corporation was founded in 2007 and is based in Commerce, Michigan. Through its subsidiaries, iTeknik has more than 13 years of history in the telecommunications industry. For more information please visit website www.iteknik.com and www.sendglobal.com

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.

Contact Information

  • Contact:
    DME Capital, LLC
    Steven Marcus
    917-648-0663