ITokk, Inc.
OTC Bulletin Board : IKTO

ITokk, Inc.

November 09, 2009 09:01 ET

iTokk Announces Global Expansion; Opens European Head Quarters

SUNNYVALE, CALIFORNIA--(Marketwire - Nov. 9, 2009) - iTokk Inc. (OTCBB:IKTO) - Valley-based platform provider iTokk Inc. takes a first step in its global expansion by opening European operation headquarters in London, England. "We are very excited about the opening of iTokk's European headquarters, as London is the gateway to Europe and our ease of setting up new operations in Europe demonstrates our core advantage - our ability to expand around the globe," says Angelo Soukas, President of iTokk, Inc.

Heading this endeavor is newly appointed Mr. Carmelo D'Anzi, VP of iTokk Europe, a veteran executive in telecommunications. Highlights of Mr. D'Anzi's career include his role as founder of Deltacom Group, a company in cellular infrastructure hardware; and from 2008 to 2009, Mr. D'Anzi acted as a principal of VoIP leader ACN Inc. of Concord, NC.

Statements from our VP of iTokk Europe, Mr. D'Anzi; "I am very excited about the infinite possibilities we have to offer the VOIP industry's Service Providers in Europe. The web-to-voice applications our technical teams are creating for the end users will now be supported by our local presence. Customer service is a priority for our company and part of our vision for success." Our European headquarters will be supporting the company's growth throughout the EMEA regions.

New research data from TeleGeography states VoIP service revenues of EUR 4.1 billion are still dwarfed by the nearly EUR 36 billion generated by traditional fixed-line services and the impact of VoIP on the European fixed-line market is gaining momentum due to the strong downward pressure VoIP-based competitors place on voice services.

iTokk is uniquely positioned to provide VoIP-based competitors an even greater advantage with iTokk's communications platform.

Highlights

  • iTokk's fully hosted platform (cloud approach) demonstrates our rapid ability to expand Globally
  • Appointment of local VP of iTokk Europe representing local presence and customer service
  • iTokk's European mandate is to open 15 EMEA countries as iTokk sales and support locations

About iTokk

iTokk, Inc., the world's most innovative communications company, offers flexible, next-generation telephony solutions for consumers and businesses. iTokk's flagship product Npoints-Framework and developers platform make it simpler, cheaper and faster to build communications functionality into applications, enabling carriers and networks to introduce new revenue-generating voice services in days, rather than months. By combining the iTokk platform and innovative products with carriers across the globe, iTokk has the potential to deliver the industries most explosive growth of innovation and in IP telephony. The worlds newest leading global IP telephony company is headquartered in Sunnyvale, California with offices in Canada, UK and India.

ADDITIONAL INFORMATION about iTokk, Inc. can be viewed on the Company's Web site: www.itokk.com Capitalization and filings can be viewed at: www. http://www.otcbb.com.

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by iTokk, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of iTokk, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition. SOURCE iTokk, Inc.

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