ITokk, Inc.
OTC Bulletin Board : IKTO

ITokk, Inc.

December 04, 2009 16:16 ET

iTokk Inc. Announces Trial Market Release of iTokk Mobile in Canada

SUNNYVALE, CALIFORNIA--(Marketwire - Dec. 4, 2009) - iTokk, Inc. (OTCBB:IKTO) today announced a trial market release of iTokk Mobile in Canada as a run-up to a worldwide launch in early 2010. iTokk Mobile is a revolutionary mobile VoIP service that provides low-cost local and International calls from a mobile phone any time of day. iTokk Mobile works with a customer's existing mobile phone plan to save more than 50% on calls to dozens of countries, anytime of day without restrictions. There are no PINs, no access numbers and no calling cards required.

The launch follows a successful one-year beta testing period during which over 5,000 customers in 10 different countries tried iTokk Mobile to save dramatically on their long distance calling. Participants provided valuable feedback and positive testimonials. The release of iTokk mobile establishes iTokk as the first company to introduce a mobile VoIP product in Canada.

"The Canadian Mobile VoIP market is set to explode," says Kevin Penstock, CEO of iTokk Inc. "It's a known fact that Canadians are among the highest paying customers for wireless services in developed countries. The Seaboard Group, a leading technology research company in Canada, reports that Canadian wireless penetration rests at only 58% - second last in the OECD countries due to Canada's high wireless costs."

"Canadians are tired of being taken advantage of and are aggressively seeking affordable wireless alternatives. We offer them a chance to save more than 50% on their long distance calls by bypassing their mobile service provider. Given the current love/hate relationship Canadians have with their providers, it has not been a hard sell and we expect enormous potential for growth."

"In addition, feeling the pinch of the lagging economy, the corporate market is looking for solutions to save on overall wireless costs for their employees. iTokk Mobile is the ideal alternative to save on wireless costs."

iTokk Mobile works on all smart phones with a web browser and data connection. iTokk technology works by simply turning calls into incoming calls eliminating or minimizing high outbound calling costs. Customers dial a number using iTokk, and iTokk's proven platform triggers a call bypass. The call is connected and is routed through a lower cost network. It's easy, fast and very cheap. As an example, a daytime call to Switzerland through most wireless carriers may charge as much as 80 cents per minute; iTokk Mobile rate is 7 cents, anytime of day or night.

As a show of confidence, iTokk is offering new customers in Canada a chance to try the service free. They can visit http://www.itokk.com to register and try iTokk Mobile immediately with 25 cents of free demo minutes. 

Product growth and consumer demand will be fueled by PR, word-of-mouth, social media channels, such as Twitter, and through existing and new resellers currently in the integration phase with the iTokk communications platform. iTokk has also updated the consumer version of iTokk Mobile and both www.itokk.com and www.itokk.mobi websites have received full makeovers for design and user friendliness.

Highlights:

  • iTokk Mobile officially launches in Canada following a successful one-year beta period (over 5000 registered beta members)
  • Tried, tested and ready to go - Beta users in over 10 countries such as the US, Europe, India, Singapore, Mexico and Canada and several others have provided valuable feedback and testimonials proving the success of the technology
  • Corporate interest in iTokk Mobile has increased significantly; many reseller enquires are in progress for reseller agreements
  • Simple registration and login. No PINS. No access numbers. No calling cards, No hang-up routines...Make calls anytime to any land or mobile phone anywhere in over 150 countries.
  • SAVE more than 50% on calls to dozens of countries

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 industry's most explosive growth of innovation and in IP telephony. The world's 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: 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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