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iTeknik Holding Corporation Sees 52% Boost in Sales Since Launching Its New Dealer Web Interface

^{Published on 2010-05-12 07:10:14 - Market Wire}
 

COMMERCE, MI--(Marketwire - May 12, 2010) - iTeknik Holding Corporation (PINKSHEETS: [ ITKH ]), a leader and innovator in the telecommunications industry, announced that its Send Global subsidiary has seen a 52% percent increase in revenues since the March 22nd launch of its new Dealer Web Interface. This new interface for retailers expands Send Global's product offerings both in domestic and international phone services. Web Interface Version 6.0 now provides several new products for retailers including four international calling plans, 25 prepaid domestic wireless products and 21 prepaid international wireless products.

Danny Kuptur, Purchasing Officer of Global Communications & Services, LLC, a Send Global retail outlet, stated, "Send Global's new interface is loaded with a wide variety of new products for our customers. The outstanding service and products we receive from Send Global puts them high on our list of suppliers."

Mike West, General Manager of Send Global, stated, "Our objective is to provide outstanding products and unmatched customer service to help our retailers attract new customers and gain new business."

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.