SOURCE: iTeknik Holding Corp.

January 10, 2011 08:46 ET

iTeknik Holding Corporation Subsidiary Announces a Major Expansion in Its Web-Based Products and Services

New International Calling Products Are for Sale at Independent Retail Outlets and on the Company's Websites

COMMERCE, MI--(Marketwire - January 10, 2011) -  iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry through its subsidiary, Send Global Corporation, today announced that it is nearing the launch of new products for sales by independent retail outlets as well as new websites for consumers who prefer to buy calling services on-line. SendGlobal Corporation provides high quality outbound international calling services, primarily through cell phones, to more than 200 countries.

New products for sale at independent retail stores will include:

  • MyMobile011: a premium quality service for calls to all international regions served by SendGlobal
  • MexicoMinutes: calling services and rates focusing on calls to Mexico

New websites for the convenience of consumers who prefer to purchase on-line include:

  • www.MyMobile011.com: premium quality calls to all international regions served by SendGlobal
  • www.AloBilady.com: for routes to the Middle East
  • www.MexicoMinutes.com: for outbound calls to Mexico

Jeffrey Lauzon, President of iTeknik Holding Corporation, stated, "This is just the beginning of a major new product development thrust that we have planned for this year. We are also working on innovative new products for smart phone applications which we will be announcing in the near future. Our goal is to create these new products to help us grow our business."

About iTeknik Holding Corporation

iTeknik Holding Corporation, through its subsidiary Send Global Corporation, provides wholesale and retail telecommunications services, and products worldwide, including: Voice over Internet Protocol (VoIP) origination and termination; A-Z routing and switching; wholesale carrier routing; Web-based reseller solutions; prepaid calling card solutions; and international cellular calling. Send Global serves B2B carriers, telecom resellers, independent retail outlets and consumers. Send Global provides more than 18,000 routes to more than 200 countries. Through its subsidiaries, iTeknik Holding Corporation has more than 15 years of history in the telecommunications industry. For more information please visit our websites, 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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