iTeknik Holding Corporation Launches New Proprietary Software
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COMMERCE, MI, Jun 19 (MARKET WIRE) --
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's new proprietary software application TCI Command is now
operational. According to the company, the new System consists of a
proprietary software application that was developed in-house by iTeknik
personnel. TCI Command will provide a much larger platform to enable
iTeknik's subsidiaries to sell more services and airtime.
Additionally, the system saves iTeknik's customers a significant amount of
money in two ways: First, airtime that is sold to clients is priced at
extremely competitive rates when compared to major domestic and
international carriers. Second, the system has a complete back office
function already in place for customers. This enables customers to realize
significant savings by avoiding programming and up-front expenses. Due to
the many benefits provided by the new system, iTeknik's strategy is to
gain a significant market share in the Virtual Switch Operator (VSO)
business.
"A virtual switch application like TCI Command provides any user full
access to all of the benefits of a multimillion dollar switching system
and a global carrier network with none of the expense, overhead, or
capital investment," said Jeff Lauzon, CEO of TeleCents Communications,
Inc. "Customers who provide any type of domestic or international voice
services will be able to use our system regardless of how they deliver
their products. We are providing them a complete back office to manage
their business as well as provide them access to our least cost routing
from multiple International carriers. We expect our new TCI Command to be
a big hit for our current customers and enable us to bring on many new
customers," Lauzon said.
Recently the company also announced that it had purchased new
state-of-the-art Cirrus Softswitch System hardware and that it was in the
final stages of changing its operations from the legacy system to the new
hardware.
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.
Contact:
Andrew Barwicki
Investor Relations
516-662-9461
http://www.iTeknik.com
Copyright 2008, Market Wire, All rights reserved.
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