SOURCE: iTeknik Holding Corporation

July 01, 2008 09:34 ET

iTeknik Holding Corporation's New Switching Technology Leads to 50,000 New Accounts

iTeknik's Subsidiary TeleCents Communications Expects to Add Many More Accounts With Its Very Cost Effective, High Quality New Switching System

COMMERCE, MI--(Marketwire - July 1, 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 has added 50,000 new accounts from its customer, Pragati, Inc. According to the company, Pragati, Inc. is a telecommunications company that utilizes TeleCents's systems for outgoing calls to India. The company expects Pragati to move more accounts to TeleCents's new switching system in the future. TeleCents's new Cirrus Softswitch System is operational and enables the company to take on many new customers and accounts.

"Our success with Pragati is another example of the benefits of our new switching system," said Jeff Lauzon, CEO of TeleCents Communications, Inc. and Send Global Corporation. "Because the new system is far more cost effective and faster we expect to add many more new accounts. We have worked very hard to develop our infrastructure in a way that would enable us to obtain significant new business and enhance our bottom line," Lauzon added.

Recently, TeleCents purchased the Cirrus Softswitch from PhoenixSoft, Inc., a leading telephony solutions provider for converged networks based in Phoenix, Arizona. The Cirrus Softswitch works with the existing gateway at TeleCents. It allows network carriers and service providers to maximize revenue potential by adding a host of enhanced features and feature-rich IP applications.

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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