SOURCE: iTeknik Holding Corporation

October 12, 2010 09:24 ET

iTeknik Holding Corporation Seeks "Current Information" Designation on Pinksheets.com

COMMERCE, MI--(Marketwire - October 12, 2010) -  iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry through its subsidiary, Send Global Corporation, today announced that it had completed and posted an "Initial Company Information and Disclosure Statement" on Pink Sheets. The Company, also posted an attorney opinion letter to support the information contained in the disclosure. The Company expects that it will be listed as "Current Information" on the Other OTC Market Tier within three to five business days. 

Fredrick W. Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, "We are committed to providing the investor community with the most up-to-date, accurate information on iTeknik Holding Corporation and our Send Global subsidiary. We have been posting financials on a quarterly basis. Once we achieve the 'Current Information' designation we are committed to maintaining this designation on an on-going basis."

The Company's disclosure document can be viewed at: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37307

About iTeknik Holding Corporation

iTeknik Holding Corporation provides wholesale and retail telecommunications services, and products worldwide. Its services include voice over Internet protocol origination and termination; A-Z routing and switching; wholesale carrier routing services; reseller billing and reporting; Web-based reseller solutions; prepaid calling card solutions; international cellular calling; and retail point of sale solutions. The company serves B2B carriers, telecom resellers, retail outlets and consumers direct through websites such as www.greatminutes.com and www.indiaminutes.com. iTeknik Holding Corporation was founded in 2007 and is based in Commerce, Michigan. Through its subsidiaries, iTeknik has more than 13 years of history in the telecommunications industry. For more information please visit website www.iteknik.com and www.sendglobal.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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