COMMERCE, MI--(Marketwire - 02/10/11) - iTeknik Holding Corporation (Pinksheets:ITKH - News) today announced that its SendGlobal subsidiary is set to launch its new Ezposa website designed for independent retail stores. The Ezposa website (a point-of-sale activation system) will allow SendGlobal to offer new telecom products such as MyMobile011.com which, as previously announced, is currently under development. Ezposa will also expand SendGlobal's ability to deliver a variety of non-telecom services to consumers. One non-telecom product being considered for launch on Ezposa is Postal Pop, a unique in-store mailing system owned by PostalCorp. Recently, iTeknik announced that it was in discussions with PostalCorp to explore a possible business relationship. Ezposa is planned for launch by the end of February.
Jeffrey Lauzon, President of iTeknik Holding Corporation, stated, "Ezposa will make us unique in the retail markets that we serve. Ezposa will provide instant delivery of prepaid cell phone wireless products and multiple high quality international calling services. Ezposa will deliver superior real-time reporting and unmatched cash flow management tools for independent retail stores. The new platform allows for products and services to be easily added both in and out of the industries we serve."
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.
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