SOURCE: iTeknik Holding Corporation

June 19, 2008 09:33 ET

iTeknik Holding Corporation Launches New Proprietary Software

New System Will Enable Company to Take on a Large Volume of New Business and Provide Customers With Significant Cost Savings

COMMERCE, MI--(Marketwire - June 19, 2008) - iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry with two subsidiary companies, TeleCents Communications and Send Global Corporation, today announced that the Company's new proprietary software application TCI Command is now operational. According to the company, the new System consists of a proprietary software application that was developed in-house by iTeknik personnel. TCI Command will provide a much larger platform to enable iTeknik's subsidiaries to sell more services and airtime.

Additionally, the system saves iTeknik's customers a significant amount of money in two ways: First, airtime that is sold to clients is priced at extremely competitive rates when compared to major domestic and international carriers. Second, the system has a complete back office function already in place for customers. This enables customers to realize significant savings by avoiding programming and up-front expenses. Due to the many benefits provided by the new system, iTeknik's strategy is to gain a significant market share in the Virtual Switch Operator (VSO) business.

"A virtual switch application like TCI Command provides any user full access to all of the benefits of a multimillion dollar switching system and a global carrier network with none of the expense, overhead, or capital investment," said Jeff Lauzon, CEO of TeleCents Communications, Inc. "Customers who provide any type of domestic or international voice services will be able to use our system regardless of how they deliver their products. We are providing them a complete back office to manage their business as well as provide them access to our least cost routing from multiple International carriers. We expect our new TCI Command to be a big hit for our current customers and enable us to bring on many new customers," Lauzon said.

Recently the company also announced that it had purchased new state-of-the-art Cirrus Softswitch System hardware and that it was in the final stages of changing its operations from the legacy system to the new hardware.

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