SOURCE: Itonis, Inc.

Itonis, Inc.

May 22, 2012 06:00 ET

ITNS Future Growth Plans Lead to Appointment of New Chief Technology Officer

IRVINE, CA--(Marketwire - May 22, 2012) - Itonis, Inc. (PINKSHEETS: ITNS) today announced that the Company has appointed Corey Washington as its Chief Technology Officer. His role will be to support the Company's technology needs with an immediate focus on the IT development phase of several new projects and future planned acquisitions.

Mr. Washington has more than 10 years of experience as a web developer in the Information Technology Sector. His educational background in Information Technology and Journalism has led to his experience working with two Los Angeles Newspaper Group publications as a Web Producer. He has led digital campaigns in the news, was a recipient of the Scripps Howard Award, and has also worked in non-profit and political arenas. Mr. Washington's professional experiences have helped him cultivate a strong understanding of how to support businesses with the integration of technical inputs to support projects of different scales.

"I am very excited to work with Itonis in an official capacity and to help lead the technical development of future acquisitions and projects as Chief Technology Officer. Itonis has very exciting plans for the future and I look forward to working with the Itonis team as we move to expand more broadly into the technology sector," said Corey Washington.

"We are very pleased that Corey has agreed to join the Itonis family. We believe we have made the right choice for a newly appointed CTO due to the positive relationship we have developed with Corey, for work he previously performed for us on a few earlier projects. We look forward to Corey helping to guide Itonis through a number of future projects currently in development," said Mark Cheung, Itonis' CEO.

About Itonis, Inc.

Itonis, Inc. (the "Company") was incorporated in the state of Nevada on July 5, 2005 under the name of Kenshou, Inc. Subsequently, its name was changed to its present name, Itonis, Inc., on December 2, 2005. For more information, please visit www.itonisholdings.com.

Safe Harbor:

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's affiliates that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

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