SOURCE: iTeknik Holding Corporation

November 29, 2007 12:46 ET

iTeknik Holding Corporation Announces Intention of Becoming Fully Reporting and Filing an OTCBB Listing Application

COMMERCE, MI--(Marketwire - November 29, 2007) - iTeknik Holding Corporation (PINKSHEETS: ITKH), a leading provider of innovative worldwide telecommunication services, announced today that the company will complete the necessary financial audits to become fully reporting and file an application to list on the Over the Counter Bulletin Board (OTCBB).

Pursuant to OTCBB eligibility requirements, the company will prepare its Form 10-SB Registration Statement for filing with the Securities and Exchange Commission (SEC). The company anticipates that it will complete its application and be approved to be listed on the OTCBB within the first two calendar quarters of 2008. The OTCBB is a regulated quotation service owned by NASDAQ whose broker/dealer members are governed by the National Association of Securities Dealers (NASD).

"We feel the move to the OTC Bulletin Board is an integral part of our company's long term business plan and demonstrates to our shareholders how committed we are to moving iTeknik forward," said Jeffrey Lauzon, CEO of TeleCents Communications, Inc. and Send Global Corporation. "The increased exposure of the OTCBB and added transparency will only benefit our current shareholders and new investors, both in understanding our business and being able to track our progress."

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.

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