COMMERCE, MI -- (Marketwire) -- 09/25/08 -- iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry with two subsidiarycompanies, TeleCents Communications, Inc. and Send Global Corporation,today announced that the company will add two new products for its retailoutlets. The first product is called, Alo Bilady (Arabic for, "Hello MyHomeland") and targets outbound calls to the Middle East. The second newoffering is called Orient for the ethnic groups who make calls to countriesin the Far East such as Vietnam and the Philippines.Both new products provide pricing that is as much as 25% lower thancompeting products servicing these regions. Send Global is able to offerthese new products as a result of iTeknik's purchase of state-of-the-artswitching software and hardware. This equipment allows Send Global tointerconnect with new international carriers through itsVoice-over-Internet-Provider (VoIP) Platform. Send Global retail locationsthat cater to the targeted ethnic communities will now have a high quality,lower cost product for these markets.
"We expect to create quite a buzz within the ethnic communities that canutilize these new products," stated Jeffrey Lauzon, CEO and founder of SendGlobal Corporation. "We will launch a marketing campaign to coincide withthe rollout of these products. It will include in-store signage, banners,ethnic print advertising, and billboard advertising within the communitiesthat these products serve. These products will mean significant additionalmonthly revenue for iTeknik Holding Corporation."
To further promote the branding of these two new products, Send Global willalso be making this service available in the form of a prepaid calling cardand through e-commerce websites to maximize awareness at all levels ofdistribution.
About iTeknik Holding Corporation
iTeknik Holding Corporation's (ITKH) strategy is to grow by acquiringcompanies with unique products, technology and solid growth potential.TeleCents Communications, Inc., a licensed 214 telecommunications carrier,(www.telecents.com) and Send Global Corporation (www.sendglobal.com) arewholly owned subsidiaries of ITKH. Together they have been offering cuttingedge retail and wholesale telecommunications products and services for morethan thirteen years including International and Domestic gateway servicesthrough Tier-1 carriers. Through VoIP, data, and traditionalcommunications platforms, iTeknik provides custom calling solutions and aproprietary ANI gateway solution. Send Global provides high quality, valuepriced international calls from the convenience of a mobile phone. Formore information please visit our website www.iteknik.com.
Safe Harbor: This letter contains certain forward-looking statements withinthe meaning of Section 27A of the Securities Act of 1933, as amended andSection 21E of the Securities Exchange Act of 1934, as amended, which areintended to be covered by the safe harbors created thereby. Investors arecautioned that all forward-looking statements involve risks anduncertainty, including without limitation, the ability of the Company tosuccessfully implement its turnaround strategy, changes in costs of rawmaterials, labor, and employee benefits, as well as general marketconditions, competition and pricing. Although the Company believes that theassumptions underlying the forward-looking statements contained herein arereasonable, any of the assumptions could be inaccurate, and therefore,there can be no assurance that the forward-looking statements included inthis letter will prove to be accurate. In light of the significantuncertainties inherent in the forward-looking statements included herein,the inclusion of such information should not be regarded as representationby the Company or any other person that the objectives and plans of theCompany will be achieved. In assessing forward-looking statements includedherein, readers are urged to carefully read those statements. When used inthe Annual Report on Form 10-K, the words "estimate," "anticipate,""expect," "believe," and similar expressions are intended to beforward-looking statements.
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