SOURCE: iTeknik Holding Corp.

March 04, 2008 11:29 ET

iTeknik Holding Corporation Announces Contract With PakIndia for the Use of TeleCents' ANI Gateway Software

PakIndia Anticipates Total Revenue of at Least $2 Million Within the 1st Year, and About $5 Million Within Next 36 Months Due to TeleCents Agreement

COMMERCE, MI--(Marketwire - March 4, 2008) - iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry with two subsidiary companies, TeleCents Communications and Send Global Corporation, today announced a contract with PakIndia, Inc., a Houston-based marketing and international and long distance calling provider. PakIndia will utilize TeleCents Communications proprietary ANI (caller-ID) Gateway software, for their international terminations on their website (www.pakindia.net) enabling its customers to make direct calls without needing a PIN number.

PakIndia's President Rizwan Siddiqi said the company has plans to market their calling services worldwide through a variety of channels. The launch of a comprehensive marketing campaign to attract new PakIndia customers is set to begin shortly. Siddiqi said he anticipates the company's revenue for the first six months just under $500K with revenues continuing to grow to approximately $1 million per month.

ANI Gateway uses caller-ID recognition allowing customers easy access to speed-dialing and instant international and long distance calls, this bypasses entering a PIN number or using a calling card. By using ANI Gateway software, PakIndia has the ability to supply least cost routing and billing solutions to its clients worldwide, otherwise unattainable due to the immense upfront costs.

"Now we will be able to offer our customers direct calling features to Asia, India, Pakistan, China and the Middle East at huge savings due to our agreement with TeleCents," said Rizwan Siddiqi, President of PakIndia.net. "TeleCents' ANI Gateway software is the best software I have ever seen when it comes to international terminations. All calls go through a switch which is a tier one provider, which means crystal clear connections. We look forward to marketing this new service, talking about the major advantages we have over our competition thanks to TeleCents and creating a revenue stream eventually of about $1 million a month. "

"Many of our clients similar to PakIndia look to offer solutions such as direct dialing and dramatically reduce the per minute costs for customers but the upfront charges for smaller providers can be staggering," said Jeff Lauzon, President, iTeknik Holding Corporation, CEO and Founder, TeleCents Communications, Inc. "TeleCents virtually eliminates all of the upfront costs for these companies while still offering state of the art caller-ID technology through a number of Tier One providers. PakIndia has a dynamic business model in a fast-growing niche making them a company with great potential. We look forward to a long relationship with Rizwan and PakIndia."

About PakIndia

PakIndia is a privately owned company based in Houston, TX. PakIndia offers its customers the advantage of international and long distance calling at an affordable price. PakIndia owns two radio stations in Texas as well as billboards and the rights to advertise "trailers" before they hit movie theaters in the area. PakIndia combines their team of networking, marketing, public relations, customer support and switching facility professionals to be a leader in providing telecommunications.

About iTeknik Holding Corporation

iTeknik Holding Corporation's (ITKH) strategy is to grow by acquiring companies with unique products, technology and solid growth potential. TeleCents Communications, Inc. (TCC) and Send Global Corporation (www.sendglobal.com) are wholly owned subsidiaries of ITKH. Together they have been offering cutting edge retail and wholesale telecommunications products and services for more than eleven years 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.

Contact Information

  • Contact:
    iTeknik Holding Corporation
    Investor Relations
    David Donlin
    Cervelle Group
    Phone: 407-475-9966
    http://www.iTeknik.com