SOURCE: iTeknik Holding Corporation

October 18, 2007 10:56 ET

iTeknik's Subsidiary Send Global Announces Retail Affiliate Agreement With Authorized FedEx Shipping Center in New York

COMMERCE, MI--(Marketwire - October 18, 2007) - iTeknik Holding Corporation (PINKSHEETS: ITKH), a leading provider of innovative worldwide communication services, today announced it has signed Bond Street Business Services, an exclusive authorized FedEx Shipping Center based in Great Neck, New York, as a retail affiliate of its next generation on-demand calling services for cellular, home and business phones. Bond Street will market the Send Global product to all of its customers but especially to a target market of those who conduct consistent business on an international level.

Send Global International (www.SendGlobal.com) is an innovative new cellular global long distance service that allows users to bypass traditional cellular carriers' routing and save as much as 85% off international cellular rates. According to the company, Send Global International is compatible with all cellular providers and can be purchased and used instantly without written contracts, credit checks or hidden fees.

"We believe that Send Global is an ideal product to market to our customer base. It will not only provide us an additional revenue stream, but will also be key in one of our goals to diversify our product line," said Fabian Lenis, President and Owner of Bond Street Business Services. "We offer a variety of services from faxing to mailbox rentals. The Send Global International calling product really caught our attention, since it offers tremendous savings potential to our customers who conduct business internationally."

Bond Street Business Services has been in business for three years according to Lenis. The company offers shipping services via FedEx as well as printing, photo copying and faxing services.

About iTeknik Holding Corporation

iTeknik Holding Corporation's (ITKH) strategy is to grow by acquiring private companies with unique products, technology and solid growth potential. TeleCents Communications, Inc. (TCC) and Send Global Corporation (SGC) (www.sendglobal.com) are wholly owned subsidiaries of ITKH. Together they offer cutting edge retail and wholesale telecommunications products and services including International and Domestic gateway services through Tier-1 carriers. Through VoIP, data, and traditional communications platforms, iTeknik provides custom calling solutions and a proprietary ANI gateway solution. Send Global provides high quality, value priced international calls from the convenience of a mobile phone. For more information please visit our website www.iteknik.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.

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